How To Buy Tax Delinquent Property In Alabama Guide
FAQ Categories / Tax: Land Sales - Alabama Department of Revenue
Lists of delinquent properties are published by the County Revenue Commissioner or Tax Collector's office before the auction. 3. Buy Over-the-Counter (OTC) from the State how to buy tax delinquent property in alabama
Used by many large counties like Mobile and Baldwin. Investors bid on the interest rate they are willing to accept on the debt, starting at 12% and bidding down. The winning bidder gets a tax lien certificate. FAQ Categories / Tax: Land Sales - Alabama
The county auctions the property itself to the highest bidder. The winner receives a tax sale certificate, which grants an interest in the land and, in some cases, the right to demand possession shortly after the auction. 2. Participate in Annual Auctions Investors bid on the interest rate they are
Many counties now use online platforms like GovEase for their auctions. Registration usually opens about 30 days before the sale and may require a 10% deposit .
Auctions are held annually, typically starting in May .