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All Forum Posts by: Demetrius Reynolds

Demetrius Reynolds has started 5 posts and replied 14 times.

Post: Alabama Tax Sale Redemption Rights

Demetrius ReynoldsPosted
  • Realtor
  • Mobile, AL
  • Posts 15
  • Votes 3

Hey @Denise Evans,  I notice that you stated, " At the time of the tax sale, the investor receives a Certificate, which entitles it to possession of the property. Three years after the tax sale, the investor may demand a tax deed. 

My questions are:

If the property is not sold within the tax sale, and 3+years has passed since the tax sale does the investor still receive a Certificate or a tax deed? Or is it 3yrs after the investor has taken possession of the property regardless of when the state auction off the property?

Is it possible for the investor to obtain a warranty deed after some years has passed on a tax property?

Can the investor refi or sell the property after he has received a tax deed or quitclaims deed?

Hey Denise, thank you for your response. I wanted to know how do a person  identify all lienholders as of the date of the auction?

Post: Alabama Tax Sale Redemption Rights

Demetrius ReynoldsPosted
  • Realtor
  • Mobile, AL
  • Posts 15
  • Votes 3
Originally posted by @Jared Irby:

@Denise Evans This is really great information. If there is a mortgage or other liens on a tax sale property, during the "lien holder redemption period", does the lien holder have to pay for preservation improvements and insurance premiums? If so, can notice be sent after improvements are completed?

During the administrative redemption period and judicial redemption are preservation improvements required to be paid to redeem. Thanks for the great info!

 Jared, I have great things about you throughout Mobile, AL. I am an agent at RE/MAX Realty Professionals. I attempted to help get the deal close with Damien in which I believe your company  had a hand in. I wanted to know did you get this process figured out. It’s seems very complex and I am currently speaking with  A. Evans Crowe, LLC, Attorney with trying to figure this process out.

Post: How to Dealing With Religious Clients?

Demetrius ReynoldsPosted
  • Realtor
  • Mobile, AL
  • Posts 15
  • Votes 3

@Mark Burlison, I also have family members who refuse to go to the doctor or take medication when they have type 2 diabetes and will say “God will heal me”. I just be thinking God has provided us with doctors but than it’s like do I not trust God.... I don’t know but what I do know is I try to keep my religion and business separate for this reason.

Post: How to Dealing With Religious Clients?

Demetrius ReynoldsPosted
  • Realtor
  • Mobile, AL
  • Posts 15
  • Votes 3

@Mark Burlison, thank you for taking time out to respond. I was actually thinking the same thing. That is why I feel so conflicted about the situation.

Post: How to Dealing With Religious Clients?

Demetrius ReynoldsPosted
  • Realtor
  • Mobile, AL
  • Posts 15
  • Votes 3

@Michael J. Beasley, thank you for taking time out to respond. Good point!

Post: Working with investors

Demetrius ReynoldsPosted
  • Realtor
  • Mobile, AL
  • Posts 15
  • Votes 3

@Nick Hedberg, thank you for taking time out to reply. I fond this information very helpful!

Post: How to Respond Correctly to Religious clients?

Demetrius ReynoldsPosted
  • Realtor
  • Mobile, AL
  • Posts 15
  • Votes 3

@Jonathan Taylor Smith, thanks for your reply and yes it is a home they plan on living in for a while.

Post: How to Dealing With Religious Clients?

Demetrius ReynoldsPosted
  • Realtor
  • Mobile, AL
  • Posts 15
  • Votes 3

My honest thoughts are*...Insist*

Post: How to Respond Correctly to Religious clients?

Demetrius ReynoldsPosted
  • Realtor
  • Mobile, AL
  • Posts 15
  • Votes 3

Problem:

I wanted to know how to do other agents deal with Religious clients or other clients in general that are not easy to work with. I have clients that I am working with now. That has offered $10,000 less than asking prices on all three properties that we have put in an offer on ( By the way they need all their closing cost paid. $3,000-$4000). They are approved through Trustmark Bank and are going Conv with 20% down( All assets and bank accounts verified). While showing I always bring a CMA( comparative market analysis) and give them insight on what range others homes are selling for. In Mobile, AL market we are 13% down on inventory (Per AREC). The style homes that my client like is older that are renovated or new. After presenting the CMA regardless of what I say the line that they always say is that " God will make a way". I am a student at a Christian college The University of Mobile and my little ones attend a Christian private school. This is conflicting to me because I wanted to say yes, you are right, but I know that it is not going to work for them. Yes, I tell them what my honest thoughts ( I do believe this offer is to low) but they incest that I submit the offer anyway.

Question:

What do you all do in this situation?

Links:

-ARCE Market Report Link-

Click the following link to view the Listings:

https://matrix.gcmls.com/DE.asp?ID=173437780

Sincerely, Demetrius