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Updated over 2 years ago on . Most recent reply

User Stats

57
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3
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Tamika Rue
3
Votes |
57
Posts

Tax lien/tax deed investing

Tamika Rue
Posted

Hello everyone, I purchased my first tax lien a few months ago. Since then, the owner has sent a letter stating they would like to redeem. I recieved the letter and enclosed was some papers for me to sign for them to redeem. I'm not interested in the property at all because it's occupied. I just want what I invested. I did sign the letter and sent it back to him. I don't know what to do after that. I really should've waited until I understood more before I signed the letter. What's it the process I'm about to get into? I will never purchase an occupied property again. I'm in Birmingham, Al by the way. Any advice or knowledge is appreciated!

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