Waco Has Two Foreclosure Sales, and Only One Is on the Courthouse Steps
By Steven Hoeke, Breaking Down Fast-Sale Options for Texas Sellers
(House Buyers Texas)
If you are behind on a house in Waco, there are two completely different sales that can take it, and almost nobody realizes they now happen in two different places. One moved onto the internet. The other still happens on the courthouse steps on Washington Avenue, the way it has for a century.Knowing which one you are facing changes what your deadline is, where the notice will appear, and whether you can get the house back afterward.Two sales, two places, two clocksA tax sale happens when the taxing units foreclose over delinquent property taxes. A substitute trustee's sale happens when the lender forecloses under the deed of trust you signed at closing. They are separate processes with separate law behind them, and a house in trouble can be headed for both at once.In McLennan County the...
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