Guide to Gaining 12% Yearly – DeKalb County, Alabama Tax Lien Investing

Welcome to an exciting opportunity for investors looking to earn up to 12% interest through Tax Lien Sales in DeKalb County, Alabama. This online investment method lets you earn from overdue property taxes without buying property outright. Starting early March, you can register at GovEase and join the process from anywhere.

Understanding Tax Lien Certificates

Tax lien certificates allow investors to pay off delinquent property taxes and earn interest when the property owner repays the debt. In DeKalb County, these certificates start at an interest rate of 12%, which reduces as bidders compete. If the property owner doesn’t pay within the redemption period (usually three years), the investor may foreclose on the property.

Steps to Start Tax Lien Investing in DeKalb County

1. Research Local Laws
   
   Understand the legal framework for tax lien sales in Alabama.
   
   Key regulations can be found on the Revenue Commissioner’s website.
2. Visit the Local Treasurer’s Website
   
   For tax lien sale information, visit the DeKalb County Revenue Commissioner’s page.
3. Check the Auction Site
   
   Register and participate in auctions at GovEase.
   
   The next sale is scheduled for April, from 10:00 AM to 4:00 PM.
4. Read the Details
   
   Understand the sale schedule, parcel details, and other essential information on the DeKalb County Delinquent Tax Sale page.
5. Contact the County Office
   
   For additional inquiries, reach out to the DeKalb County Revenue Commissioner’s office.

Important Details

Detail	Information
Tax Sale Type	Tax Lien Certificates
Typical Sale Date	April
Bid Procedure	Bid down interest rate
Redemption Period	Generally 3 years
Interest Rate	Starts at 12%
Sale Contact	DeKalb County Revenue Commissioner
Auction Site	GovEase
County Website	DeKalb County

Pro Tips

• Thorough Research: Always research the property’s background to understand its value and any existing liens or issues.
• Prepare Documents: Ensure all required documents are prepared and submitted for registration.
• Monitor Deadlines: Keep track of auction dates and redemption periods to maximize your investment.

Useful Links

• DeKalb County Revenue Commissioner
• GovEase Registration
• DeKalb County Delinquent Parcels
• 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

FAQs

1. What is a tax lien certificate?
   
   A tax lien certificate allows an investor to claim a property for unpaid taxes and collect interest until the owner repays the debt.
2. How do I register for a tax lien auction in DeKalb County?
   
   You can register online at GovEase starting in March.
3. What happens if the property owner doesn’t repay the debt?
   
   If the property owner doesn’t repay within the redemption period, the investor can foreclose on the property.

Need a Hand?

If you need further assistance or guidance with tax lien investing, reach out now. Feel free to book a call or access our free resources for more guidance.

By following these steps and staying informed, you can make the most out of your investment in DeKalb County’s tax lien sales.

Sign up or log in to view the full content.