Alabama tax lien certificates are a great way to profit. Limestone County sells Tax Lien Certificates at Limestone County tax sales.
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County Courthouse Type: Tax Lien Certificate |
You can purchase Alabama Tax Lien Certificates at Limestone County tax sales.
If Limestone county, Alabama is unable to collect real estate property taxes they are also unable to provide important government services like police protection, public schooling and medical services.
Unpaid property taxes create a serious cash-flow problem for Limestone county, Alabama.
Property taxes that are delinquent are added to any previously uncollected taxes on a parcel of Limestone county. Parcels whose taxes are subject to sale will be advertised in a Limestone county newspaper of general circulation. The parcels are listed by sequence number. Parcels fall into 1 of 2 groups. Each group is sorted by parcel number.
The Limestone county tax sale list appears about three to six weeks before the Limestone county tax sale auction and is also posted on the Internet.
To solve this problem Limestone county, Alabama allows investors to pay off these taxes. In exchange the investor receives the Limestone county, Alabama lien for taxes. A real estate tax lien is simply a claim for delinquent taxes.
Why would investors do this?
Well, depending on Alabama laws and competition, savvy Limestone county tax sale investors can realize high-yielding returns with tax lien certificates and/or purchase real estate for a fraction of its true market value with Alabama tax deeds.
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