All Forum Posts by: Hannah Harris

In Alabama besides physically being at the tax auction, how do you know what name was called off? Is there a list? Would the county probate know? 

Here's the backstory: I am interested in purchasing a property in AL. It was initially sold at tax sale in 2012. The property owner was a development corporation; the investor was a hedge fund. In 2015 the property owner filed chapter 7 bankruptcy. In 2016 the property was sold to the state when the hedge fund neglected the property taxes. I just spoke with the county probate office who told me that a quiet title was done that "cleared out" the original property owner. 

My question: If a quiet title has already been done to remove the original property owner, would it be necessary to do another quiet title? Or would the property be mine, free & clear, at the time the deed was handed over? Would there be any chance of redemption from the original property owner or just the previous investor (hedge fund)?

Also, would the quiet title have been done as part of the bankruptcy or would the hedge fund have done that? If it was the hedge fund, why would they take the time/effort to do the quiet title, then neglect the taxes?

@Denise Evans that was my assumption. thank you for the clarification!

@Denise Evans

Do you know if the 5 years has to be consecutive? If a property was sold at auction 2012, then again in 2016, and the tax cert is still held by the state, would that be eligible for a counter offer?

@Denise Evans, maybe you could help with this. @Kristina Knowles's question sparked a question for me..

If a property owner (corporation) defaulted on their taxes and the property was sold at auction to an investor. Then the investor held the tax certificate for 3 years, then defaulted on the taxes, and it was again sold at auction in 2016. 

Would you send an ejectment order to the original property or the investor or both? Who all would have redemption rights? Would you need to worry about the previous tax certificate being sold or is it void once the investor fails to pay the taxes?