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Updated about 7 years ago,

User Stats

12
Posts
1
Votes
Steven Stewart
  • Adger, AL
1
Votes |
12
Posts

purchasing tax sale property from state of alabama

Steven Stewart
  • Adger, AL
Posted

i am trying to purchase a commercial property that was sold to the state 05/24/2016 i am trying to find out the redemption rights for both the owner listed and any possible lien holders i have done a title search and cannot find anything as far as liens . i have purchased one property at this years tax sale and received a letter of redemption 10 days ago from a bank claiming to have a lien on the property that does not show up anywhere . I went to the bessemer tax office a to ask about this and they said to just sign the redemption letter and let them (apex bank) in knoxville tn. prove that they hold the lien. when i spoke with the lady representing this bank she said the owners used property as collateral on a loan that was defaulted on , so i guess i have 2 questions in this thread. 

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