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Updated over 12 years ago on . Most recent reply

User Stats

63
Posts
19
Votes
Andrea P.
  • Rental Property Investor
  • Roma, Italy
19
Votes |
63
Posts

Alabama tax liens

Andrea P.
  • Rental Property Investor
  • Roma, Italy
Posted

By digging in the probate office I found an interesting property:
The owner did not pay property tax in 2006 ($494).
A local LLC company purchased the lien certificate with a huge excess bid ($22000).
The taxes were not paid in 2011 ($1010).
Another out of state LLC company purchased the lien certificate with a $3845 excess bid.
The 2012 tax have been paid.

The local LLC company purchased a lot of tax certificate until 2009, then it stop to purchase. The majority of its certificates have been redeemed. In 2011 the local company did not pay the taxes for the property left.
I did not find any tax deed for the local company.

I am interested in having the property therefore I should purchase the lien certificate from the out of state company.

What about the first local company?

Due to the lack of the tax deed, who is the owner?

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