New in Alabama

[Heath Plunkett]

I'm super new at this, just considering my first foray into the world of tax certificate sales. And I'm looking for the Tax Sales for Dummies lessons. I've been to the property tax transcripts site for my state, Alabama, and I'm able to understand most of what I'm reading. My main question at the moment is...How am I to know what I'm buying? When the "description" of the property is coordinates and letters and numbers thrown in for good measure, it seems daunting. I'm not about to just throw money at it and hope for the best. What's my step to take on a meager beginners budget? I'm looking into simply buy and hold for passive income. Needing some guidance.

[Tiffani Baggett]

Hi @Heath Plunkett I'm new to this as well. I'm in Jefferson county and basically there is a 3yr redemption period. I usually drive by and look at properties I am interested in trying the tax sale but you really don't know what's inside. 

Also, you would need an attorney or someone knowledgeable because the title could have other leins.

I'm new to this as well so I will keep you updated. If you are looking for a home in Birmingham, they have the landbank now where you can get a clear title if taxes haven't been paid in 6 years. 

Hope I helped a little lol