All Forum Posts by: Alexander Thomas
Alexander Thomas has started 1 posts and replied 3 times.
Post: Redemption and preservation costs
- Posts 3
- Votes 0
Quote from @Alecia Bolton:
I have a really good lawyer recommendation should you need it. I have a property in Birmingham that I'm dealing with, but I'm the one trying to redeem. The lienholder sent me a letter with a lot of things my lawyer said is not allowed for redemption, and she's very knowledgeable to what can and cannot be asked for. Let me know if you'd like her info.
Thank you, I would like her information.
Post: Redemption and preservation costs
- Posts 3
- Votes 0
Quote from @Denise Evans:
You get the value. Contact me in a PM and I'll send you the appellate decisions and statutes.
Hi Denise, I sent you a request to connect.
Post: Redemption and preservation costs
- Posts 3
- Votes 0
Greetings everyone, I am a new tax lien investor in Alabama. I recently purchased a portfolio of tax deed properties prior to 2018. One of the properties has a lienholder looking to redeem. This property has had extensive repairs which have increased its value of the property. Will I be able to recoup the value of the repairs instead of just the costs plus taxes? I have reviewed the Alabama code 40-10-122. I am just looking for a little more clarity along with cases where these values were granted.