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Updated over 5 years ago on . Most recent reply

User Stats

17
Posts
7
Votes
William Watt
  • Investor
  • Semmes, AL
7
Votes |
17
Posts

Alabama - Tax Deeds, Selling and Redeeming

William Watt
  • Investor
  • Semmes, AL
Posted

Of course you can sell / purchase / redeem a tax deed, but what happens when a tax deed is sold to a 2nd or 3rd purchaser and then is redeemed. 

 1) Does the redeeming party have to repay the all the cost of the 3nd purchaser which would include the original cost from the state as well as all repairs??? 

2) There are no improvements, just repairs to the roof, doors and plumbing to make habitable, are all these cost included up to the 3rd purchaser if redeemed?

3) Also does the redeeming party have to pay all the profits made by the 2nd and 3rd purchaser as a result of the sales???

Bill

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