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 almost 5 years ago on . Most recent reply

User Stats

50
Posts
5
Votes
Roger Gelpey
  • Investor
  • Danvers, MA
5
Votes |
50
Posts

Buying redemption reights from taxpayer in AL?

Roger Gelpey
  • Investor
  • Danvers, MA
Posted

I have a few certificates on vacant/abandoned houses and as soon as I start maintaining the grass I start getting calls requesting to buy the property. As a cert holder I don't "own" the parcel but I assume I could purchase the redemption rights assuming I could find the taxpayer. Is this a good strategy? If you have done this do you have any advice? Thank you!

Most Popular Reply

User Stats

25
Posts
12
Votes
Ted Thomas
  • Specialist
12
Votes |
25
Posts
Ted Thomas
  • Specialist
Replied

Hi Roger,

Thank you for the question. The next thing you should do is go to the local county and get the rules, they might be online depending on the county you are in. Find out what the rule is - the certificate doesn't last forever, the certificate will expire and more than likely the tax delinquent owner won't pay the taxes and the county will award you the property. The certificate will run out or expire in some way so you need to find out the date when that is going to happen. The process after that is the individual is going to pay you or you get the property. 

Loading replies...