Updated about 10 years ago on . Most recent reply
Birmingham tax lien property
I received a price quote on a property for $5k in Birmingham. The property is 5/2 valued at $85k. The state's interest ends on May 2016. They said for now if I pay the $5k I will receive a tax lien certificate. What is the process to get the deed and what other problems will I encounter with this property. My understanding is once I pay the taxes it will wipe out all other liens. The other issue is the owner's daughter still lives in the house. I just want to make sure this is a smart investment and I have done my due diligence.