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Updated almost 10 years ago on .

User Stats

96
Posts
33
Votes
Mike Kelley
  • Investor
  • Gardendale, AL
33
Votes |
96
Posts

Tax Deed vs. Purschase out right

Mike Kelley
  • Investor
  • Gardendale, AL
Posted

To all,

Got an investment question about a subject property of interest.

I want to buy a property but I did some research on tax assessment.  Back taxes are up for redemption.  If redemption is paid by investor then a tax deed would be issued to purschaser.

With taxes paid would you be granted rights to possess, not own or sell, if you recorded a deed?

This is in State of Alabama.

I can post back details if needed or PM if you have any suggestions or comments.

Thank you,

Mike