Local Rule E.2: Payment
S.D. Tex. — Civil rule
E.2. Payment.
A. Payment to the marshal shall be by cash, cashier's check, or certified check; acceptance of cashiers' checks is conditioned on their payment.
B. Accepted bids of less than $1,000 shall be paid to the marshal on their acceptance.
C. For accepted bids of $1,000 and more, the higher of ten percent of the bid or $1,000 shall be deposited immediately and be paid in full within 7 days of the sale. If an objection is filed within the 7 days, the buyer may defer payment of the balance until the sale is confirmed. (Amended by General Order 2009-17, effective December 1, 2009).