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The following information is regarding the
properties offered for sale. Potential purchasers should carefully read
this information and evaluate these facts in light of their anticipated
use of property:
In order to buy a property offered for sale you must have a Written
Statement declaring you owe no tax in Collin County. This can be obtained
from the Property Tax Office. The cost is $10.00. To obtain the Written
Statement you will need the Request
for Written Statement filled out and notarized. The Tax Office
will provide a notary. You must present the Written Statement to
the Constable or Sheriff at the time of sale before they will give
you the deed. Written Statements are good for 90 days.
Only cashiers
checks, money orders, or cash will be accepted as payments
Property is
sold "as is and where is" with no warranties.
Title insurance
is the responsibility of the purchaser. Since the purchaser will have
a deed without warranty, a policy of title insurance may be difficult
to obtain.
Current taxes
are due and payable by the purchaser, if the taxes are not included in
the minimum bid.
State
Property Tax Code
Purchasers
will receive a deed without warranty from the Constable / Sheriff.
If the property
is occupied upon possession of the purchaser, the responsibility of eviction
goes to the purchaser of the property.
The making
of improvements to the property is discouraged until the redemption period
has expired.
All sales are final except for the normal redemption
and the statue of limitations periods (See
State
Property Tax Code, Section 33.54 Limitation on Actions Relating
to Property Sold for Taxes).
Be advised that if you plan to visit the property prior
to receiving your deed to the property, you should keep a copy of your
payment receipt with you as proof of purchase. It is also important that
it be understood that Collin County and the taxing jurisdictions accept
no liability or responsibility for accident or injury that may occur on
any properties purchased.
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