Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Right of Redemption in the State of Alabama
I have a private lender in the State of Alabama that has foreclosed on a property and wants to sell to me. There are 8 months still left on the right of redemption and legal concerns regarding the current occupant who happens to be the former owner of the home. Do any of my Birmingham investors have advice as to how to legally work around/with this issue besides waiting 8 months?
Most Popular Reply

If you can't get them out of the house, you will have to do an ejectment lawsuit. This can be very time consuming and costly, probably the reason why the lender wants to sell.