1. Clear explanations for all stages leading up to
the actual auction and beyond.
2. Tips for different investing strategies--flipping,
investment, or personal
residence.
3. Publicly available information you can access from
your computer to investigate properties under
consideration.
4. Redemption rights--the good, the bad, the ugly.
When to be nervous and when to be fearless (in Alabama,
this is different from other states--do not follow the
advice in "general" books written for a national
audience!)
5. Yes, you are entitled to possession immediately
after the sale, except for the 5-day grace period given the
owner to pay taxes, even afterwards. But, what are
you allowed to do to the property, and what do you do if
the owner won't leave?
6. Buying property from the state after the
redemption periods have expired.
7. The procedure for obtaining clear title, and
alternatives to discuss with your
attorney.
8. What you must do when property has a mortgage on
it (hint: you don't have to pay the
mortgage!)
9. Traps, pitfalls and opportunities. For you
lawyers out there, book includes extensive footnote cites
to case authority and statutes, including recent bombshell
Alabama Supreme Court case, 2009 legislative changes, and
pending 2010 legislation.
10. Complete list of 2010 tax sale dates, contact
information for each county, and online resources for
properties in each county.
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