Negotiating Tax Cert/Deed Investing
Hey everyone,
Has anyone negotiated with the State to reduce a tax lien or deed certificate quote and was successfully? We are looking particularly right now in Alabama, but also would like to know about ANY successes!
How is this accomplished? Thank you so much for your input.
Most Popular Reply
@Shimira Greene I can't speak about Alabama but locally Baltimore city will do this on occasion (MD does tax liens not deeds). If the owner accepts $0 for their property the city may reduce the liens owned to the assessed value but generally not lower.
Basically you have to convince the municipality that they are better off by accepting less money for the property than what is owed. That is a tough argument to make to a bureaucrat.