Purchased a Tax Lien Certificate on a vacant lot in Alabama in a neighborhood.  There is a home that is within 10 feet of the property line and I am going to send that neighbor a "neighbor letter" offering him first dibs (for a profit).  The TL Certificate will become a Tax Deed in May 2021.  What do I need to disclose in the "neighbor letter" as far as "you are purchasing a Tax Lien Certificate that will become a Tax Lien Deed if not redeemed by the owner in May 2021.  If owner does redeem before then, you can expect to receive the past due taxes from May 2018 plus 12% annum interest."

Is this sufficient to put into information for a Neighbor Letter?

Thanks for your advice!