Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

48
Posts
18
Votes

Tax Lien Foreclosure Action vs Quitclaim Deed

Posted

I bought several tax liens at Alabama auction and I understand that the process to get the title is to file a tax foreclosure action which, based on what the attorney Gregory Stanley is saying and unlike what many articles are mentioning, is a judicial process. So my questions are: 

Is it possible to avoid the foreclosure action at the end of the three years period, by continuing paying the taxes?

Would it  be legal to take over the property, without the foreclosure action?

Would it be legal to sign a quitclaim deed for the property in question, after the three years period and transfer the interests without the foreclosure action?

The reason why I am thinking out of the box is because Alabama tax sales department is a disaster. We bought a deed on April 2sd and we are still waiting for the deed. We submitted 60 different requests to purchase an OTC deeds or certificates early January 2023 and we never received a single quote. Clearly, they are understaffed and for investors, the process is unacceptable. So in order to avoid wasting time, I am thinking outside the box.

Loading replies...