You must READ THE FOLLOWING IMPORTANT INFORMATION regarding the property to be offered for sale.
1. Prior to the beginning of the tax sale, a person intending to bid is required to register with the person conducting the sale and present
a valid driver’s license or identification card issued by a state agency or the United States government. The grantee named in the
deed must be the same person who was the successful bidder (Section 34.015, Texas Tax Code).
2. The property will be sold at public auction to the highest bidder based on oral bids. Successful bidders must pay for their property
with a cashier’s check payable to Milam County. Any bidder who fails to make payment shall be held liable for twenty percent of the
value of the property plus costs incurred as a result of the bidder’s default pursuant to Rule 652 of the Texas Rules of Civil Procedure.
A person registering to bid on behalf of a corporation, LLC, or other legal entity will be personally liable for payment of the bid amount
if the legal entity does not timely pay.
3. The minimum bid amount is set out beside each tract on the bid sheet. The minimum bid amount includes taxes which were
delinquent at the date of judgment. This does not include the current tax year. Purchasers will be required to pay all taxes which
accrued subsequent to the date of judgment.
4. Purchasers at this tax foreclosure sale will receive an ordinary type of Sheriff’s Deed which is WITHOUT WARRANTY, express or
implied. Title to property is NOT guaranteed. OBTAINING TITLE INSURANCE MAY BE DIFFICULT.
5. All property purchased at this sale is subject to a statutory right of redemption. This redemption period commences to run from the
date the purchaser’s deed is filed for record in the deed records. There is a two year right of redemption for homestead property,
property appraised as agricultural land and mineral interests. There is a 180 day right of redemption for all other property. Purchasers
have a right of possession beginning twenty days after the purchaser’s deed is filed in the deed records (Section. 33.51, Texas Tax
Code).
6. Anyone having an ownership interest in the property at the time of the sale may redeem the property from the purchaser during the
redemption period. The redemption price is set by the Texas Tax Code as follows: purchase amount, deed recording fee, taxes paid
by purchaser after the tax sale, and costs expended on the property, plus a redemption premium of 25 percent of the aggregate total
during the first year or 50 percent of the aggregate total during the second year. “Costs” are only the reasonable expenses incurred
by the purchaser for the maintenance, preservation, and safekeeping of the property. Do NOT make unnecessary repairs or
renovations during the redemption period.
7. Property is sold by legal description. Bidders must satisfy themselves concerning the location and condition of the property on the
ground, including the existence of improvements on the property, prior to this tax sale. Property is sold “AS IS” with all faults. All sales
are final. There are no refunds. Deeds, maps and plats of the properties are in the County Clerk’s office or the Appraisal District.
Lawsuit files on which this sale is based are in the office of the District Clerk. Any property address reflected on the bid sheet is the
address on the tax records and may not be accurate.
8. Property purchased at this tax sale may be subject to liens for demolition, mowing, or maintenance fees due to the City or Property
Owners Association in which the property is located. Purchasers may have to pay for these liens.
9. A person purchasing property at the tax sale MUST present to the officer conducting the tax sale a written statement from the Milam
County Tax Office that the purchaser does not owe any delinquent taxes to the County or any school district or city in the County. A
purchaser will NOT receive a deed to the property purchased at the tax sale until the written statement is presented to the officer
(Section 34.015, Texas Tax Code).
