How To Buy Tax Delinquent Property In Alabama May 2026
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.
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 how to buy tax delinquent property in alabama
Buying tax delinquent property in Alabama is a multi-year process that typically begins at a county-level auction and can eventually lead to full ownership through a tax deed. Investors can acquire property either by bidding on or tax certificates at annual auctions, or by purchasing state-held inventory over-the-counter (OTC) . 1. Understand the Two Types of Sales Used by many large counties like Mobile and Baldwin
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 The county auctions the property itself to the