All Forum Posts by: Devon Daniels

Thank you. I will attempt that route.

I am attempting to buy a house from a local professional . He moved away and apparently let it slip to the tax sale. He is attempting to redeem from the tax sale purchaser, But the purchaser will not let him redeem. The tax sale was 1-2 years ago. What is his next step for him to redeem this property ?

Thanks

@DeniseEvans

Thank you @Denise Evans. So they can perpetually resubmit redemption paperwork to get a reset?

I bought a property during a tax sale that apparently had a mortgage attached to it. I did extensive rehab. The first mortgage company tried to redeem late 2019. I sent them my improvement costs and they did not respond within 10 days. I actually reached out to their lawyer and he said it would cost too much for them to redeem and that's why they didn't reply.

It's now April 2020 and they apparently sold the mortgage to another mortgage company and the New mortgage company is now trying to redeem (they have not filed the official redemption paperwork just contact me via phone). 

Do they get a new reset on the redemption 10 days and referee process because they are new mortgage company?

I didnt rent to the prior owner. Thanks for your help.

Thank you all. I'll update with the results.

I won a home during the 2019 tax sale in AL. The house was pretty run-down and I have completed the reno. The previous owner occupant contacted me asking to rent it after it was finished. I am obviously leery about allowing that to happen being that 1. They allowed their family home to become run down and 2. If I allow them to rent it and they refuse to pay rent, the legal quagmire that would ensue. Would you ask they sign a quitclaim before they rent or offer some kind of deal?

Gotcha. What is the difference between the lienholder Redemption period and the regular 3 year Redemption period?

I purchased a house with a mortgage last year during alabama tax lien sale . I notified their agent via certified mail with verified receipt. After the leinholder redemption period is over what should my next step be? The property is being currently used as my rental.

Did you counter the states bid?