Alaska Tax Foreclosure Law
Howdy All,
I was wondering if you have any experience with tax foreclosure laws in Alaska? I am looking at investing in my first property in Alaska and considering bidding on a tax foreclosure property. There seems to be some ambiguity in what I am finding regarding the Rights of redemption in Alaska. As far as I understand, there is no rights of redemption after the sale of the property from an auction. Can anyone speak to this?
Cheers,
Thom
Most Popular Reply
During a educational session with a title company I learned the right of redemption is actually present in Alaska for 10 years. This does not change when you buy the property unless the previous owner is notified and has a chance to redeem. This can make things hairy. I would certainly call your favorite title company and ask these questions because I am no attorney or title worker