A new Alabama Court of Civil Appeals decision on Friday January 12, 2018 makes it clear that Alabama tax sale investors who wait too long to take possession forfeit their rights.The issue is about the short statute of limitations.

Would I still be able to lock this property under contract and assign it over to a cash buyer who would essentially take possession and take over past due payments?

Would I still be able to lock this property under contract and assign it over to a cash buyer who would essentially take possession and take over past due payments?

Get the notices out as soon as you take possession. 

OK - so we sign and give them a day to return their signed package and leave with the keys, but technically do not have possession.3rd day after closing and rate lock expiration, I'm informed by the lender that the settlement agent has not returned package and is non-responsive.

Landlord and Landlord's insurance does not cover tenant's personal possessions regardless of the cause of the damage unless landlord negligence is the cause.

That's asking them to pay $5k in a 2 week period to take possession of the property.

I think I see where you went off track.The idea is NOT to "hide the owner", the idea is to prevent any "professional litigant" from finding an access path back to any human person's personal assets or possessions.

Keep in mind that the Missouri Supreme Court this past month has decided that tenants have the right to a jury trial in rent and possession. . . so your tenant when you evict could hire an attorney and go to trial, not sure if they have a right to have an attorney provided for them or when the new rules will start being used.If we are unsuccessful in getting this overturned, expect a lot longer time frames - think months, not weeks and much higher costs. . . 

Hi Everyone,I have my 2nd property closed and set to take possession Jan 18th.