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Updated about 7 years ago on . Most recent reply
Alabama Tax Certificates - Dangerous Property
I have acquired a property that is in far worse condition than I expected. The Certificate I have is for a property that in my opinion is beyond repair.
I do not have high hopes of this property being redeemed due to condition, but the owner of the property recently put a for sale on it according to the neighbor. (US HOME OWNERSHIP)
Anyone have advice? The property is worthless with this structure on it; however according to the neighbor he gets people asking him about it every day since the for sale sign for $5,500 was put up by the owner.
Certificate is in Jefferson County Alabama.
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#1 Short-Term & Vacation Rental Discussions Contributor
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#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
If it is worthless then I would hope he is able to redeem it so that you get your money back plus interest.