Foreclosure Auctions: First Tuesday of Every Month
Across the entire state of Texas, foreclosure auctions are held on the first Tuesday of every month and Tarrant County is no exception. Rain or shine, you'll find trustees, investors, and wholesalers gathered at the courthouse steps at 100 W. Weatherford Street in Fort Worth. These sales happen simultaneously in every Texas county and are a key opportunity for investors to purchase distressed properties directly from lenders or the county.
What’s Happening:
Tarrant County conducts foreclosure auctions on the first Tuesday of each month.
Depending on the type of foreclosure, a substitute trustee (for mortgage foreclosures) or constable’s personnel (for tax sales) manages the process.
How to Bid:
Bidding is done live at the courthouse steps, where properties are sold “as is.”
Be prepared with exact funds (cash, cashier’s check, or money order) as specified by the trustee.
*Note that the County Clerk’s office does not handle the bidding. Details are provided by the sale’s trustee.
Accessing the Property List:
There isn’t an “official” pre-compiled printed list from the County Clerk.
Instead, individual foreclosure notices are posted online 21 days before the sale and remain available 24/7 on Tarrant County’s Official Records Search page .
If you prefer a hard copy, you can print these notices from public computer terminals in the Old Courthouse (Rooms B-20 and B-30) for a fee (typically $1 per page).
Tips from the Pros
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Since properties are sold “as is” with no warranties, review each notice carefully to understand the property’s details and any potential risks.
It’s wise to consult with real estate professionals or legal advisors to ensure you’re fully informed before bidding.
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Regularly check Tarrant County’s foreclosure notices online to see updates and auction times.
Complete any necessary bidder registration or authorization in advance as required by the trustee.
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While the #1 goal of the First Tuesday Foreclosure Sale is for a Trustee to sell a property in foreclosure - this also presents an excellent networking opportunity for investors.
Introduce yourself, talk to those around you, and make connections. You never know what opportunities will present themselves later down the road!
Terminology You Need to Know
Mortgage Foreclosure
A mortgage foreclosure happens when a homeowner fails to make their mortgage payments. As a result, the lender (usually a bank) uses a legal process to sell the home to recover the unpaid loan balance. In Texas, this process is typically non-judicial, meaning it doesn't go through the court system and is instead handled by a trustee.
Tax Sale
A tax sale occurs when a property owner doesn't pay their property taxes. The county can seize the property and sell it at auction to recover the unpaid taxes. In Tarrant County, these sales are conducted by the Constable’s office and are separate from mortgage foreclosures.
Trustee
A trustee is a neutral third party named in a property’s deed of trust. If the homeowner defaults on the mortgage, the trustee is responsible for carrying out the foreclosure process on behalf of the lender, including posting the property for sale and conducting the auction.
Who’s Who at the Courthouse?
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Wholesalers
Prophet Homes & New Western (among others) are local wholesaling companies, not a buyer at the auction.
Their goal isn’t to purchase properties on the courthouse steps. Instead they’re there to network with real estate investors like you. They’re looking to grow their buyers list so they can assign off-market deals to investors who are ready to purchase.
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Auction.com
This online bidding service company represents investors who bid remotely through services or platforms. While they may not stand out in the crowd, they’re often on the phone or using mobile apps to place live bids for investors who aren’t attending in person. These bidders are typically well-funded and competitive.
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Roddy’s Listing Service
Roddy’s FLS is a subscription-based service that provides investors in Texas with regularly updated lists of distressed and foreclosure properties - including pre-foreclosure leads, auction postings, sheriff’s tax sale lists, and unsold properties statewide.
For a new real-estate investor, these lists help you identify potential deals before or at the time they hit the auction steps — giving you a head start on research and bidding preparation.
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Local Title Companies
Title company representatives often attend foreclosure auctions to network with investors and real estate professionals. While they don’t participate in bidding, they’re valuable resources for investors who plan to purchase and later resell or refinance properties.
Title companies help ensure that ownership is transferred correctly and that any remaining liens or encumbrances are properly handled. Since properties sold at auction often come with title issues, having a trusted title contact is key for post-purchase research, clearing title, and preparing the property for resale.
Why is MCM University here?
We attend the Tarrant County foreclosure sale each month to educate, guide, and empower new investors.
We’re not there to buy properties, we’re there to help you understand the process, build confidence, and connect with trusted industry partners.
Staying true to our solution-driven, value-driven, and service-driven mission, our goal is to ensure every attendee leaves more informed and prepared to take their next step in real estate investing.
