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Updated over 2 years ago,

User Stats

26
Posts
13
Votes
Jessica Howard
  • Investor
  • Washington DC
13
Votes |
26
Posts

Purchasing tax deeds from a private seller & quit claim deeds

Jessica Howard
  • Investor
  • Washington DC
Posted

Hello, 

I'm looking into purchasing Alabama tax deeds from a private seller who provides quit claim deeds after about 60 days.  What type of due diligence do I need to conduct to research these properties? The seller provides the property address, assessed and market values and lot size.  I have looked up properties by address on zillow and found the information the seller provides and the zillow information a match, but I feel like I should be digging deeper for more information. 


Second question: can I resell a property with a quit claim deed? If so, how much profit can I expect to make? My research tells me that I may not be able to get market value unless I quiet the title.  If I choose not to do so, what are the risks for me as a reseller?

Thanks.

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