Learn Texas Foreclosure InvestingFrom the People Who Know It Best
Our family has been in the Texas foreclosure business for 20+ years. We've distilled everything we know into a proven 5-step system that works whether you're buying your first property or your hundredth.
Why Texas Foreclosures?
Texas is one of the best states in the country for foreclosure investing. Here's why smart investors focus here.
Non-Judicial Process
No court approval needed. Foreclosures proceed on a predictable timeline — typically 60-90 days from default to auction.
Predictable Schedule
Every auction is the first Tuesday of the month at the county courthouse. No surprises, no rescheduling.
No Redemption Period
Unlike many states, Texas has no statutory right of redemption for non-judicial foreclosures. When you buy, you own it.
Strong Markets
Texas has massive population growth, strong job markets, and no state income tax — all driving sustained housing demand.
The 5-Step Foreclosure System
Developed over 20+ years and thousands of transactions. Follow this system and you'll avoid the mistakes that cost new investors money.
Get the Foreclosure Lists
Know what's coming to auction before anyone else
Texas law requires foreclosure postings to be filed at least 21 days before auction. RoddyReport captures 100% of these postings from 230+ county clerks the same day they're filed — giving you the maximum research window.
Pro Tips:
The 21-Day Foreclosure Timeline
From the moment a notice of sale is filed to auction day, you have exactly 21 days. Here's how to use every one of them.
Days 1-3
RoddyReport alerts you to new postings. Run AI filters to identify properties matching your criteria. Build your initial target list.
Days 4-10
Deep research phase. Analyze comps, check tax records, estimate repairs, run the numbers. Narrow your list to serious targets.
Days 11-17
Drive-by inspections using Drive Lists. Pull title reports. Set your maximum bid for each property. Arrange funding.
Auction Day
Arrive at the courthouse with certified funds. Bid up to your predetermined max. Walk away if the price exceeds your numbers.
Foreclosure Glossary
Key terms every Texas foreclosure investor should know.
5 Mistakes That Cost New Investors Money
We've seen these mistakes hundreds of times over 30 years. Learn from others' expensive lessons.
Street View images can be 5+ years old. A property that looks great on screen might have a collapsed roof, foundation issues, or be in a neighborhood that's declined significantly.
IRS liens, HOA liens, and mechanic's liens can survive foreclosure. A “great deal” with $40K in hidden liens isn't a great deal at all.
Set your maximum bid before auction day and stick to it. The worst deals happen when investors get caught up in bidding wars and pay too much.
National platforms miss 30-40% of Texas postings. If you're only seeing 60% of available foreclosures, you're missing the best deals — the ones with less competition.
Always add 20% to your initial repair estimate. Foreclosure properties often have hidden damage — plumbing issues, mold, electrical problems — that aren't visible from outside.
Every one of these mistakes is prevented by following the 5-step system above. Get complete data, do thorough research, drive every property, check the title, and bid with discipline.
Ready to Start Investing with Confidence?
Get access to 100% of Texas foreclosure postings, AI-powered analysis, and the tools to execute the 5-step system — all in one platform.