What happens after a property tax sale in Alabama?
What happens after a property tax sale in Alabama?
Generally, after owning a tax certificate for three years, the purchaser is entitled to a tax deed and ownership of the property. (To get details on the tax lien sale process in Alabama, see What Happens If I Don’t Pay Property Taxes in Alabama .)
How does probate court sell property in Alabama?
The probate court must sell the property at the tax sale for at least the amount of the tax lien (i.e., the amount of Taxes owed plus late fees and any other fees due). If there is no bidder, the State of Alabama buys the land at the amount of the tax lien.
How does the state of Alabama buy land?
If there is no bidder, the State of Alabama buys the land at the amount of the tax lien. If a private party purchases the property at the tax sale (a “Tax Purchaser”), the Tax Purchaser is entitled to a certificate of purchase containing a description of the Property and the Taxes owed.
Where to find tax delinquent property in Alabama?
Additional information can be found in the Code of Alabama 1975, Title 40, Chapter 10, Sale of Land. Below is a listing by county of tax delinquent properties currently in State inventory.
How to sell tax delinquent property in Alabama?
It is advisable to consult a competent attorney regarding your contemplated purchase of tax delinquent property. Additional information can be found in the Code of Alabama 1975, Title 40, Chapter 10, Sale of Land. Below is a listing by county of tax delinquent properties currently in State inventory.
The probate court must sell the property at the tax sale for at least the amount of the tax lien (i.e., the amount of Taxes owed plus late fees and any other fees due). If there is no bidder, the State of Alabama buys the land at the amount of the tax lien.
If there is no bidder, the State of Alabama buys the land at the amount of the tax lien. If a private party purchases the property at the tax sale (a “Tax Purchaser”), the Tax Purchaser is entitled to a certificate of purchase containing a description of the Property and the Taxes owed.
Do you have to pay taxes on sale of house in Alabama?
The amount you’ll have to pay to redeem depends on who buys the lien at the sale—the state or another party. Generally, you’ll have to pay the amount the purchaser paid at the sale, interest, any additional taxes that become due, and costs and fees. (Ala. Code § 40-10-122, Ala. Code § 40-10-121).