There are states that are called tax lien state because they only offer liens for sale at the tax auctions. Texas is one of those states, and in their auctions, bidding starts with the amount owed for the tax liens. If an investor buys the property at the minimum bid, it catches up on back taxes for ownership and rights of possession and then is sold to the highest bidder, including the right to own and possess. Arnie Abramson explains that this allows investors like him to purchase tax sale properties below market value.

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