Build Wealth with 8% Annual Earnings – Houston County, Alabama Tax Lien Investing

Participating in Houston County’s tax lien sales can be a fantastic way to earn 8% annually on your investment. This annual event happens on the second to last Tuesday in May, offering a unique opportunity to acquire property at a fraction of its market value. Here’s a guide to help you get started with tax lien investing in Houston County, Alabama.

Understanding Tax Lien Certificates

Tax lien certificates represent unpaid property taxes. When you buy a tax lien, you’re essentially paying someone else’s property tax. In return, you receive interest on the amount you paid if the property owner redeems the lien. If the owner doesn’t pay within a specified period, you can potentially gain ownership of the property.

For example, in Houston County, if you buy a tax lien and the owner redeems it within three years, you’ll get your investment back plus 8% interest per year. If the owner doesn’t redeem, you can move forward to obtain a tax deed and claim ownership.

Steps to Start Tax Lien Investing

1. Research and Understand Local Laws

Understanding the legal framework in Houston County is crucial. The sale happens annually in May, and properties are advertised in the Dothan Eagle and online starting mid-April​​.

2. Visit the Local Treasurer’s Website

Check out the Houston County Revenue Commissioner’s site for detailed information on the tax sale:

• Houston County Tax Sale Information​
• Houston County Revenue Commissioner​

3. Check the Auction Site

The auction is held at the Houston County Commission Chambers. Make sure to register the week before with a $100 deposit​.

4. Read the Details About Tax Liens

Understand the sale schedule, parcel inquiry, and other essential details. Registration starts the week before the sale and ends the Monday before. The auction starts at 10:00 AM and continues until all properties are sold.

5. Contact the County Office

For further inquiries, contact the Houston County Revenue Commissioner’s office:

• Address: 462 North Oates St., Dothan, AL 36303
• Phone: 334-677-4747​.

Important Details

Detail	Description
Tax Sale Type	Tax Lien Sale
Typical Date of Sale	Last Tuesday in May
Bid Procedure	Premium bidding
Redemption Period	3 years
Interest Rate	8%
Sale Contact	Revenue Commissioner’s Office – Houston County, Alabama
Auction Site	Houston County Commission Chambers
County Website	Houston County, Alabama
Property Record Search	Houston County Property Records​

Pro Tips

• Prepare Early: Start your research early and keep track of important dates.
• Understand the Rules: Ensure you are familiar with bidding procedures and payment methods.
• Have Funds Ready: Payments must be made by 2 p.m. on the day of the sale using cash, money order, or certified funds. Personal checks and credit cards are not accepted​.
• Follow-up: Keep track of your investments and be ready to proceed with acquiring the deed if the property is not redeemed.

Useful Links

• Houston County Tax Sale Information
• Houston County Revenue Commissioner’s Office
• Houston County Official Website
• Alabama Department of Revenue – Tax Delinquent Property Search
• How to Earn up to 12% Interest from Alabama’s Tax Lien Sales
• Learn How Does Tax Lien Investing Work
• Want to get started with Tax Liens? Click Here!
• Discover how to secure affordable properties through Alabama tax liens

Frequently Asked Questions

Q: What happens if the property owner doesn’t redeem the property within three years?

A: You can obtain a tax deed from the Judge of Probate, granting you ownership of the property.

Q: Are there any risks involved in purchasing tax liens?

A: Yes, it’s advisable to consult a competent attorney regarding your contemplated purchase of tax delinquent property.

Q: Can I participate in the auction online?

A: No, you must appear in person to bid at the auction.

Q: What forms of payment are accepted at the auction?

A: Accepted forms of payment include cash, money order, or certified funds. Personal checks and credit cards are not accepted.

Q: How can I find out which properties will be available at the auction?

A: A list of properties is published in the Dothan Eagle and on the county’s website starting in mid-April.

Participating in Houston County’s tax lien sales can be a profitable venture. Ensure you conduct thorough research and understand the process before investing

Need a Hand?

If you have any questions or need assistance with tax lien investing, feel free to reach out. Engaging in tax lien sales can be a rewarding investment with proper preparation and understanding. Consider Booking a call now and accessing our free resource for more guidance!

By staying informed and following these steps, you can successfully navigate the Houston County tax lien sales and potentially reap significant financial rewards. Happy investing!

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