Bids for struck-off property may be made at anytime during the year and must be in writing and presented to the Grayson County Tax Office in a sealed envelope marked "Bid For Struck-Off Property". Bid information should include the case/cause number, original owner name and property ID number.
Only bids for a minimum of the struck-off amount will be accepted. In case of multiple offers, the highest bid will be accepted. All bids are subject to approval by the Grayson county Tax Assessor Collector and the taxing entities and may be rejected at their discretion.
All properties are to be paid with certified funds (money orders or cashier's check) made payable to Bruce Stidham, Tax Assessor-Collector, and must accompany the bid. If the bid is rejected, the funds will be returned to the bidder.
Deeds are prepared by the County's tax collection attorneys and are signed by the entities for the property. It may take several weeks for the deeds to be ready for recording in the Grayson County Clerk's office.
Bidder will also pay for the recording of the deeds in the Grayson County Clerk's office. Certified funds should be make payable to the Grayson County Clerk. The bidder will be notified of the amount for the recording fee after the deeds are prepared.
After the deeds have been recorded, the bidder will be contacted to pick them up in the Grayson County Tax office in Sherman.
Bidders should remember that these properties may be under the right of redemption.
For further information, contact Virginia Hughes at the Grayson County Tax Office at (903) 813-4220 or by e-mail at: firstname.lastname@example.org