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Tax Liens & Mortgage Notes

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Eric Gay
  • Trussville, AL
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Alabama Tax Certificates

Eric Gay
  • Trussville, AL
Posted Jul 8 2019, 14:18

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!

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