Buying Tax Delinquent Property Alabama «1000+ HOT»
: The owner has 3 years from the sale date to "redeem" the property by paying the back taxes plus interest (usually 12%).
: In some cases, a tax sale purchaser can demand possession after 6 months, but this often leads to legal "ejectment" battles. 🏠 Getting the Deed buying tax delinquent property alabama
: If they redeem, you get your investment back plus the accrued interest. : The owner has 3 years from the
Alabama uses two primary methods for selling delinquent taxes, depending on the county and how long the taxes have been unpaid: Alabama uses two primary methods for selling delinquent
: If no one buys the lien at auction, it is "struck" to the state. You can buy these "Over the Counter" (OTC) by requesting a price quote from the Alabama Department of Revenue . 📅 The 3-Year Redemption Period Buying a tax lien does not give you immediate ownership.
Ownership only transfers after the redemption period expires: Tax Delinquent Property and Land Sales
: Most counties (like Baldwin and Mobile ) now auction tax liens . You bid on the interest rate (starting at 12% and bidding down). The lowest interest rate wins.
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