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Tax Liens & Mortgage Notes

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Latreeka Williams
  • Montgomery, AL
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Question about Alabama tax lien certificates--take possession?

Latreeka Williams
  • Montgomery, AL
Posted Jun 24 2016, 10:56

Hello,

I recently purchased a tax lien certificate in Alabama (property was sold at the 2015 tax sale). The property does include a house. I had a few questions about my rights as a lien holder. I have been reading/researching online and have come across different things regarding what you can and can not do with a certificate. For example many sites and "gurus" are stating I CAN'T do anything until I get a tax deed. I am ok with waiting on the tax deed because the house is in a fairly decent neighborhood and with a little bit of rehab I do believe it will be a good investment.

I read on this site where I CAN take possession and actually rent out the property!

How do you actually take possession with a tax certificate?

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