Tax deeds in the state of Alabama

[Lynford Pilgrim]

I am interested in purchasing tax deeds in the state of Alabama but I am new to this and was wondering if anyone could tell me the cost of foreclosure and the steps

[Denise Evans]

You do not foreclose tax deeds in Alabama.  If you buy deeds from the State of Alabama inventory, you must take and hold continuous possession of the property for 3 years to burn off judicial redemption rights.  At any time before then, the taxpayer, his heirs or assigns can redeem. In addition, you must send certified mail return receipt letters to all lienholders (mortgages, IRS, judgement, etc) who had liens on the date of the auction.  They have one year after receipt of your notice within which to redeem.