Tax lien certificates do work (sort of) like this in Texas. This is a real thing. Bid rigging is not uncommon, sometimes though, it just isn't necessary. In rur

Tax lien certificates do work (sort of) like this in Texas. This is a real thing. Bid rigging is not uncommon, sometimes though, it just isn't necessary. In rural areas there are occasionally auctions where very few qualified buyers show up. Terms are usually cash on the barrel-head. Example terms of sale follow. http://www.co.jefferson.tx.us/taxoffice/del_tax_Sale/sale_info.htm http://www.co.jefferson.tx.us/taxoffice/del_tax_Sale/sale_in...