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Updated over 2 years ago,
Why Should/Shouldn't I buy an Alabama Occupied Foreclosure?
Hello Alabama Community, I'm not new to buying foreclosures in Georgia. I have children that recently moved to Alabama. I am considering buying at foreclosure auction. I've been reading as much as I can. My main question is this: Have any of you bought occupied foreclosures? By the time I make my bid at auction in GA the properties are vacant. In Alabama I understand it is common for the foreclosed property to be occupied, the investor must evict (evict may not be the correct terminology) the occupant, and if tenant occupied could be responsible to make a tenant whole. Another concern is increased property damage if I pssssss off the occupying foreclosed party/tenant.
Would you, OR wouldn't you, buy an occupied property in Alabama? Why? Many Thanks ! ! !
Appreciate Y'all