Alabama Tax Certificates
Hi all!
In Alabama, I can buy a tax certificate from someone who obtained it from auction. They’ll mark the price up when they sell it. So if I buy a $2000 certificate for $3000 as an example, and the owner decided to redeem, am I out the difference of $1000 because the cert was only for the $2000 delinquent? How does a tax certificate change hands?
Thanks!