All Forum Posts by: Christine Garnier

I am a professional property/land locator and wholesaler and I am looking for serious partners to collaborate with. If you are a serious investor or an established investment company, please feel free to contact me. I locate all type of properties, including commercial land, buildings and hotels nationwide. I do full due diligence on all properties so you don't have to.  Please PM me for more details. 

Hi Hector, I just sent you a message.

Hi Amie, I just sent you a message.

I am a professional property locator and I am looking to work with established real estate investment companies or serious real estate investors who are already making multiple closes a month. I am also specialized in wholesaling properties and large land lots and I can bring the exact properties the investors are looking for. Prior securing a deal, I also perform a full due diligence on the property to avoid any potential issue at closing. Feel free to contact me for more info.

Denise, I bought several tax liens last year and had first right of refusal this year, so I was able to buy the second tax lien for the parcels. Do you know if the first right of refusal is maintained under the new law? 

 Thank you so much for the information Denise. Alabama tax lien investing looks less and less attractive as time goes by. The certificate system was one of the greatest investment in AL. Now to think that we would have to wait 4 years after the first tax sale where other states allow a foreclosure action to take place between 6 months to 3 years, is disappointing and will surely impact tax lien investments in AL. One question remains: how will the "over the counter" tax liens that did not sell at tax auction be processed? If one buys 3 OTC tax liens, can one foreclosure on the property right away?

 Thank you so much Denise, so the new law you are referring to is HB. 270, correct? It mentions that an action of foreclosure can be brought after 3 years from the tax sale date but are the 3 tax liens certificate required also? I am trying to find out if the foreclosure action can be initiated after the 3 years, with only one or two tax liens certificates?   

 If I am not mistaken, the reason why it would take so long to get the deed after a tax lien foreclosure in Alabama is because, the court will also quiet the title for you. This is truly specific to Alabama because other states like Arizona for example require that a separate quiet title action is filed after the foreclosure action. 

UPDATE: Someone from the County contacted me and let me know that (R/S) stands for "Re-Assignment". The property was in tax sale, someone bought the certificate years ago and after 3 years, the County issued a "Reassignment". Good to know.   

 Oh yeah, it was done before I purchased the lien. I am still trying to find out what the (R/S) abbreviation means though!