All Forum Posts by: Thomas Kramer

No, it doesn't. If the owner passed before the the property was sold at tax sale, then the tax sale is void.

Heirs have the right to redeem. What happend with the ejectment? Did the family redeem the property?

Quote from @Jocelyn Bernstein:

The most confusing part to me is, if the property owner doesn’t have the money for their taxes, how in the world are they going to have money to pay my legal fees? If they don’t pay the legal fees is there only a lien against the property or who would have ownership? 

It's not always about the money. While there are home owners who simply can't afford paying their taxes, others have access to money but don't want to spend it on taxes. Those people will come up with the money if they're forced to. But there are also situations where the home owner passed away, and the family assumed ownership. By the time the family's figured out what they need to do, they property (or tax lien) has been sold. The family might be able to pay all the back taxes, fees, and interest.

I've been using Stessa for rent collection since February, with positive feedback from tenant. One thing I wish they'd improve is the time it takes until the funds are available. That can take 5-8 days. I use Stessa's cash management account for rent collection only, and move the money to my real bank account.

@John Underwood

As a tax lien holder, you can buy subsequent tax liens before the auction, at the initial interest rate ("First Right of Refusal"). The redemption period is still 3 years from the date of the first tax lien sale.

Quote from @Ashley G.:

Quote from @Denise Evans:

You do not get possession rights as a matter of law, with the new lien auction. My video includes a strategy for gaining possession using principles of general real estate law, but the tax sales law does not allow it, per se, like it does with the old certificate auctions.

Do properties that don't sell at the new lien sale do they still go on the over the counter list. And do old laws still apply to new over the counter properties?

Check with the county. For example, Mobile Co provides a list of unsold tax liens 6-8 weeks after the auction and you can buy OTC tax liens at 12%.

Quote from @Denise Evans:

You are probably 20 or 30 in line, with each person ahead of you taking up 20 days per request.

I received information that for most of my applications there are between 60 and 170 applicants ahead of me - this adds a few more years. So I wish I was 20 or 30 in line. :) Even with only 10 days until expiration, it can still take up to 4 weeks. In my particular case ADOR had to wait on the county's response with the current amount.

@Tai Bhattad I'd like to know what happened. Did you move forward with your QT?

@Denise Evans Yes, it can be confusing. It seems like all information about the recovery of legal fees are related to judicial redemption. I was wondering what I can do if the taxpayer tries to redeem at the revenue commissioner's office after I file for ejectment. I guess I will simply not sign the affidavit until the legal fees are paid. That way the taxpayer can either pay the fees and redeem or would have to counter-claim. Again, thank you for taking the time to explain!

@Denise Evans I really appreciate your helpful response! That makes it easier to understand. Thank you very much!