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All Forum Posts by: Tai Bhattad

Tai Bhattad has started 13 posts and replied 124 times.

Post: Alabama Tax Sale: Price Quote Counteroffer Scenario

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

@Denise Evans hi! Reaching out for insight to a 20 yr tax deed on a vacant lot. Correction to my initial post:  I mis-quoted the years in the initial post by stating it was a 7 yrs old tax deed, instead it is in fact 20 yrs! 
Do I have any other rights to the vacant lot for taking possession with the 20 yr tax deed beyond immediate ejectment suit and posting no trespassing signs and staking the lot with orange ribbon every 10-12 ft for possession. 

i talked to the owner about selling it to me (no-go) and I mentioned the  tax delinquent fees (from my price quote).  The owner stated their tax fees will not be as high as what my price quote states considering they [owner] removed  the structure over 10 yrs ago & they cut the grass every 2 weeks [lie]. 

I suspect if I pay the price quote amount and Then the owner successfully gets the lot RE-assessed to lower the delinquent tax amount and attempts to redeem; I will get all my funds that I paid to the state back... but I’m wondering if the owner only has to pay the RE-assessed and lowered tax amount to redeem or the amount I paid to redeem? ..also since this is a 20 yr old Tax deed, does this forfeit my legal fees for ejectment if the owner redeems? I planned to file an ejectment action immediately upon receiving the deed.  

There is a lot of confusing info on BP on tax deeds beyond 6 yrs old... and minimal info on tax deeds for vacant lots. 
i want to make improvements but I’m hesitant of getting my valued-funds back if the owner redeems. (It is an Urban renewal zone)

**as I suspected, the owner visits the lot once a year (which I interpret as scrambling possession) and I don’t want any misunderstandings If the owner decides to visit the lot and I have possession. 

Thanking you  in a advance  for any insight on this. I grabbed a couple posts I read but I’m still missing some pieces for vacant lots. 

Post: Should I making repairs?

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

@Sam Shinn I assumed city of Mobile for my post above based on your location regarding blight list 

Post: Should I making repairs?

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

@Sam Shinn things to consider before buying from the state: 

1. ensure it’s not on the blight list (based on your description) because the city could well be on their way to DEMO it. How do you find out? Call the city. Unless you want a vacant lot at city cost, i.e. a municipal bill. 
(I had the pleasure of talking them out of not demo’ing a Structure  and taking it off their list) 
2. If you are purchasing a cert: send notice even it ‘appears’ vacant/ abandoned. And then file ejectment after 6 months to take possession/ preservation improvements. 
*** a few people around the block argue about assumed vacancy and hence proceed without filing ejectment and proceed to take possession (with improvements) and then wait it out for the admin redemption period to end and proceed with quiet title action.

Denise speaks on the former hence I follow her guidance. There’s a nice post she did on AL tax deeds and certs. 
https://www.biggerpockets.com/...

She also may weigh in with more clarification as needed. 

Post: Alabama Self-Help Legal

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

Any update on this bill. I could benefit from this bill

Post: Alabama Tax Sale: Price Quote Counteroffer Scenario

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

@Bryan Hartlen here’s a good read on AL redemption rights to segue to QT action

I hope the link takes you to the correct post — since it’s an internal BP link I presume it’s within rules to share 

https://www.biggerpockets.com/...

Post: Alabama Tax Sale: Price Quote Counteroffer Scenario

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

@Bryan Hartlen you stated “when buying properties from the state (not liens)... “   

AL sells tax lien certificates and deeds (no clear title included; hence the QT post acquiring the tax deed and forfeited redemption rights. 
I think the city level  can sell ‘properties’ with clear title at least Mobile does through NRP. 

I’m not sure of the state selling properties with fresh wiped out liens... someone maybe able to chime in for clarification. 

Post: Alabama Tax Sale: Price Quote Counteroffer Scenario

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

@Bryan Hartlen not sure if you are speaking strictly for your assumed state of Arizona however the rules/law for Alabama is probably different. As I’m no expert but I’ll try to respond here... the quiet title action removes any remaining clouds/lien holders claiming ownership after you’ve obtained a tax deed.... provides clear title to sell the property, refi... obtain insurance, etc 

Essentially: 

“the reasons most tax liens need quiet title is the insurers worry that someone with a interest in the property was not properly notified. so when they do the quiet title they usually have to dig deep and serve or notice to anyone who may have been missed.. if the notifications are fine its a simple process.”  Quote pulled from BP as I didn’t want to mis-articulate the reason. 

There are 3 types of QT actions that Denise (AL tax lien expect) wrote about but I have to go in my knowledge bank to find and will share later if you don’t find it. 

I have not engaged in one but if I have to, i hope its non-contested and I will report back about it. 

Post: Alabama Tax Sale: Price Quote Counteroffer Scenario

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

@Denise Evans well that closes that case... Thanks!

Moving forward on the lot... 

I’m going to circle back on this post after I find out why there’s a dumpster in the middle of the lot. Hoping its not the city preparing to impose another city lien. 

Post: Alabama Tax Sale: Price Quote Counteroffer Scenario

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

I’m looking for advice /guidance on countering a price quote I received for a Tax Deed in Mobile, AL to gain ownership of a vacant lot.

Scenario (real): price quote came in for $3000 on a tax deed for a vacant lot where the property went tax delinquent in 1999. The county assessed value is only $2400.

The structure was demo’d by the city years ago (don’t know exact date) but I called the city and they confirmed the Municiple liens: Bldg, all weed liens, etc over the years were included in the price quote sent to the state.

The state has a backlog on reviewing counter offers and said it could take a year to even look at a counter offer... She also was very short with me when I tried to get information about how this will impact my place in line for the price quote I already received... so [I’m] stuck with no info there.

1. Anyone know of a contact at the Alabama state Revenue office to expedite the review of a counteroffer on a price quote?

2. What is a decent counter amount that you see might make sense? . (10 yr old tax deed -technically 7yrs) and structure is gone with very mature trees that I have to remove to build on it. Lot size is .16 acres, assessed at $2400 with surrounding lots of larger size assessed lower (not by much though :))

3. My thought: submit a counteroffer and go ahead and pay the initial $3k price quote upfront and hound them for the difference if it’s eventually reviewed and accepted. Wishful thinking but hey I don’t know how this stuff works; hence anyone ever pulled this off pls let me know.

3a. This gives me time to start the ownership steps and improvements as I want to have the trees removed and a slab down (with electricity) by Feb 2020. Other construction plans are down the line.

Also this lot is on the city’s NRP eligible list meaning they want someone to buy & build on the lot as part of their neighborhood renewal program!! (If it gets approved then the city helps you quiet title... expedited.)

I don’t want to wait for it to get on the NRP approval list as there’s no telling all the layers and other folks I may have to go through.

The owner lives about 8 blocks from the lot and I have not assumed abandonment since I think they may use it for parking fees during a certain time of the yr... if I get the tax deed: I’m ready to give notice and proceed with ejectment but I want to call them first about this.

Should I call first or just keep it formally in writing only? I think someone in my oversized family may know the owners but I have not spot checked :)

End goal is to gift the project to mommy to host her family functions :)

Guidance on this deal is appreciated!

Post: Tax Certificate Birmingham, AL

Tai BhattadPosted
  • Montgomery AL
  • Posts 126
  • Votes 23

Vote for @Pedro Martin :)

Thanks all for the info.