General Alabama Question

[Arnold Finkelstein]

This is a broad question and I'm not sure if I have the correct words to ask, but I'll try.  

If I have a tax deed, and I have removed any questions about possession, either by having the taxpayer sell me his remaining interest, or by a successful ejectment, what do I then have in terms of ownership?  

Is it then my house in every "normal" real estate sense of that word, except for having a clear title?  I can sell it as "normal" real estate except that the buyer can't get a loan to pay for it?

Am I still on some clock?  May I immediately seek to clear title or must I wait?