Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

113
Posts
64
Votes
Donnie M.
  • Rental Property Investor
  • Fairhope, AL
64
Votes |
113
Posts

Alabama Tax Deed Purchase Help

Donnie M.
  • Rental Property Investor
  • Fairhope, AL
Posted

I am in negotiation with someone who is selling a Tax Deed from 2010.  They will be selling with a quit claim deed.

The property is vacant and has been so for a couple of years according to neighbors and condition of property is not livable.  It will need a total rehab.

I know I will have to get a file a quiet title lawsuit to be able to sell and/or refinance once rehabbed. 

We have verbally agreed on a price but I am not signing a contract with them until I understand the process and the risk involved.

Any tips, advice, & guidance on how I can do my due diligence so that I do not put myself in a bad situation.  Thank you so much.

  • Donnie M.
  • Most Popular Reply

    User Stats

    1,578
    Posts
    1,497
    Votes
    Denise Evans
    • JD, CCIM , Real Estate Broker
    • Tuscaloosa, AL
    1,497
    Votes |
    1,578
    Posts
    Denise Evans
    • JD, CCIM , Real Estate Broker
    • Tuscaloosa, AL
    Replied

    You need to understand the risks of a void tax sale, and the risks of judicial redemption rights. I have some blog posts on these two things. Please review them. Even though your seller has a tax deed, the former owner might still have redemption rights.  Those are called judicial redemption rights. Lienholders might also have redemption rights.  PM me if you want details.

    Loading replies...