Buying a tax lien property for personal use

[ZEVIA WHITE]

Does anyone ever buy the tax lien/deed on a property for personal use (i.e. to actually live in the house)? If not why not? Another question is just from personal experience from those who have bought tax deeds how often do the original owners exercise the right of redemption. I know each situation will be different, but I'm looking for personal anecdotes. There is a house that has been vacant for a couple of years that is in moderate condition and it has never been listed for sale. When I checked the county, the taxes are delinquent two years. I'm considering buying it to and making repairs to live in it.

[Joe Mclain]

Nothing stopping you from doing that.  Especially if its vacant.   Remember that in AL, you have to wait until that 3rd year before you get the deed.  But that is a fine strategy.   Remember this as well.   You don't want to make that many improvements to the house before you get the title.  So after you get the deed, you can start quiet the title to put that in your name.  Until you get the title, you can't finance it or sell it.   Let me suggest Denise Evans site who is also on BP.   https://deniselevans.wordpress.com/

Joe