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Sheriff's Sales
 
 
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The listed sales are for the Sheriff's Office only and do not include sales by the Constable's Offices or other Collin County Departments.
 
Defendant
Expand/Collapse Sale Date : 11/4/2014 ‎(2)
Pierre Panayi a/k/a Panos Pierre Panaya d/b/a ICE STARS, Inc.
Ahmed Elsawy Elsehety

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 Sale Information

Sheriff Sale Information

Personal Property

Sheriff sales for personal property are held ten days after the property is seized, sales of personal property are usually conducted Monday through Friday. The Notice of Sale on personal property are posted at City Hall, at the main court house in McKinney and a third location in the county, to be determined at the time of posting.

The sales for personal property are normally conducted at the place of storage, place of sale is indicated on the Notice of Sale.

Requirements at personal property sale are that the purchaser must be present to bid (no sales by phone or advance bidding), and property is sold to highest bidder, cash in hand. Purchaser must make arrangements with storage facility for pick up of the purchased property. In most cases the personal property may be viewed on sale date, prior to the sale.

Real Property

Sheriff sales on real property are held on the first Tuesday of each month between 10:00 A.M. and 4:00 P.M. at the Collin County Courthouse, 2100 Bloomdale Rd., McKinney, Texas, 75071. All real property sold by the Sheriff's Office is published in the McKinney Courier Gazette, posted at the above courthouse, City Hall of property location, and available on line from this web-site.

THE SHERIFF'S OFFICE DOES NOT CONDUCT TRUSTEE FORECLOSURE SALES. These are conducted by the Trustees or Attorneys for the lending institution involved with the loan. Please contact them for further information.

The real property up for sale is listed as Sheriff Sale and may be sold for two reasons:

  1. Tax Sale for collection of back property taxes owed.
  2. Sale under Writ of Execution or Order of Sale to satisfy a judgment awarded to the Plaintiff.

The following rules apply to those types of sales. You must carefully read this information and evaluate these facts in light of your anticipated use of the property. Any property may be withdrawn from the sale at any time prior to acceptance of the final bid at auction.

  1. The property will be sold at public auction to the highest bidder, cash in hand, based on oral bids. Rules governing auctions will apply.
  2. For Tax Sales, cash in hand will mean at least minimum bid as stated on Notice of Sale with balance, if any, due immediately. NO REFUNDS.
  3. Payment will be made payable to Collin County Sheriff's Office and be by cashier's check, money order, or cash. A letter of credit will be accepted from a recognized bank.
  4. All sales are as is, to the highest bidder on a "Buyer Beware Basis". Any and all questions concerning the property offered should be directed to an attorney. THE SHERIFF'S OFFICE WILL NOT ANSWER LEGAL QUESTIONS.

It is necessary that bidders satisfy themselves concerning the status of the property and the location and condition of the property prior to sale by checking with the Collin County Clerk's Office/land deed records located at 200 S. McDonald Street, McKinney, Texas. All lawsuit information pertaining to each sale may be reviewed at the respective Clerk's Office or Justice of the Peace Office. The court of jurisdiction and cause number are noted on the Notice of Sheriff's Sale.

Tax Information

Purchasers at the sale will receive a Sheriff's Deed, which is without warranty, expressed or implied. This is NOT a Tax Lien Certificate. The real property is sold. There is no Tax Lien Certificate Sale in Collin County. A policy of title insurance may be difficult to obtain.

All tax property purchased at the sale is subject to a statutory right of redemption. This redemption period commences from the date the deed is filed for record with the County Clerk. The purchaser is responsible for filing the deed and have a right to possession during the redemption period. There is a two year right of redemption for homestead property and property appraised as agricultural land. There is a 180 day right of redemption for all other property. Collin County makes no reservations as to which redemption period applies to any property offered at sale. A person having an ownership interest in the property at the time of the sale may have a right to redeem the property from the purchaser during the redemption period pursuant to Section 34.21 of the Texas Property Tax Code.

For more information regarding Struck Off properties, please refer to the Tax Assessor Auctions & Struck Off Properties.