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Morocco 21 thru 30, 2022

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Lucas Perez
Lucas Perez

Buying Tax Delinquent Property Alabama !FREE!

You may request a price quote for state-held tax delinquent property by submitting an electronic application. Once your price quote is processed it will be emailed to you. You are given 10 calendar days from the date on the price quote to remit your payment. Your remittance must be postmarked no later than the 10th calendar day.

buying tax delinquent property alabama


Below is a listing by county of tax delinquent properties currently in State inventory. View How to Read County Transcript Instructions. The transcripts are updated weekly. This listing does not contain the physical address of the property.

Whether being frugal is central to your identity or whether you just like to pay less for certain things in order to have money left over for the splurges you consider worthwhile, you probably have an idea of where to find reasonable prices for most of the things you buy. Buying real estate properties is another matter; whether you are buying a house that you plan to live in for the rest of your life and pass down as an inheritance to your children, or whether you are in the business of buying investment properties to rent or flip, every purchase of land or real estate requires weeks or months of careful research. One option is to buy tax delinquent properties from the state of Alabama; while it might be a financially wise choice, it is more complex from a legal perspective than you might imagine. If you are considering buying a tax delinquent real estate property, contact a Birmingham real estate lawyer.

In most cases, when you buy a piece of real estate property, it is easy to transfer the title to the property to you; the seller transfers it to you willingly when you pay for the property. A quiet title action is necessary when you legally obtained the property through some process other than the previous owner selling it to you. In other words, there is not a continuous chain of title, and a judge has to issue an order declaring you the rightful owner. The Alabama Department of Revenue recommends that anyone who buys a tax delinquent property and receives a tax deed hire a real estate lawyer to help them complete the quiet title action and become the undisputed owner of the property.

Every year, counties throughout the State of Alabama place property on the auction block where the present owner has not paid the property taxes that came due the prior October. At that time, bidders compete against one another to stake a claim in that property. (Other tax properties listed for sale can be found at If someone obtains one of these properties as the highest bidder, there are several legal questions that arise: Do I own it? If not, when? What can I do with it?

In accordance with Title 40, Chapter 10, Code of Ala. 1975 (40-10-180 through 200), the Tuscaloosa County Tax Collecting official has authority to auction and sell tax liens on properties for which ad valorem property taxes are delinquent.

With tax lien auctions, you are not purchasing the property, but you are purchasing a tax lien against the property. Your Certificate of Purchase will entitle you to make subsequent payments of delinquent taxes pursuant to Alabama Code 40-10-191. You are encouraged to investigate and research any parcel you are interested in before making any bids.

A tax certificate, when purchased, becomes an enforceable first lien against the real estate. The certificate holder is actually paying the taxes for a property owner in exchange for a competitive bid rate of interest on his or her investment. In order to remove the lien and cancel the certificate, the property owner must pay cash or certified funds to the tax collector on all the delinquent taxes plus accrued interest, penalties, and costs associated with the certificate. The tax collector then notifies the certificate holder and issues a check for his or her investment, thereby canceling the lien and certificate.

Section 40-10-180, of the Code of Alabama declares the tax collecting official for each county shall have the sole authority to decide whether his or her county shall utilize the sale of a tax lien for the sale of property to collect delinquent property taxes. The Marshall County Revenue Commissioner hereby declares hereafter the remedy for collecting delinquent property taxes by the sale of a tax lien.

To recover the delinquent tax dollars, municipalities can then sell the tax lien certificate to private investors, who take care of the tax bill in exchange for the right to collect that money, plus interest, from the property owners when they eventually pay back their balance.

Streamlined Technology Solution The platform simplifies access to the buying, selling, and managing of tax liens and tax deeds, including processes to collect interest and to foreclose on the tax-delinquent property.

Tax sales developed as a way for local government to collect delinquent taxes. Those taxes are used to pay for necessary community services such as schools, safety personnel and equipment, and are used to provide utility services. Tax sales also offer delinquent property owners an opportunity to finance the tax delinquency, buying them more time to satisfy the debt.

When a property tax bill is delinquent, the local government may auction off a tax lien or a tax deed to collect the delinquent property tax. A tax lien is a recorded lien interest in the real property for which tax is delinquent. The property owner may redeem the property, eliminating the lien, by repaying the tax lienholder the auction price plus interest and costs. In some tax lien jurisdictions, the holder of a tax lien may take steps to foreclose on rights of any others in the property and request the issuance of a tax deed.

Finally, financial institutions need to continually monitor the tax sale laws in the jurisdictions in which they extend credit for real property purchases. Tax sale laws can change drastically in a single legislative session as happened in Alabama. Effective in 2019, the new tax sales law allowed each county in the state to choose whether to collect delinquent property tax through tax liens or tax sales, a shift from the entire state using the same system. 041b061a72


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