Solid 8% Profit Each Year – Coffee County, Alabama Tax Lien Investing

Are you ready to make a solid 8% interest annually? Coffee County, Alabama, offers a fantastic opportunity through its tax lien sales. The county conducts these sales on the 1st or 2nd Monday and Tuesday in April, holding them at the courthouse in Enterprise on Monday and in Elba on Tuesday.

How It Works

1. Attend the Auction: Arrive at the Coffee County Courthouse by 9:30 a.m. to register. The auction starts at 10:00 a.m.
2. Bid on Properties: The county sells properties with unpaid taxes to the highest bidder.
3. Wait for Redemption: There is a 3-year redemption period. If the property owner redeems the property, you get back your investment plus the 8% interest. If not, you can begin foreclosure proceedings to take ownership.

Important Considerations:

• Due Diligence: Research properties thoroughly before bidding to understand any existing liens or issues.
• Legal Advice: Consult with a legal professional to navigate the complexities of tax lien investing and foreclosure processes.

Key Information

Detail	Description
Tax Sale Type	Tax Lien Sale
Typical Date of Sale	1st or 2nd Monday and Tuesday in April
Bid Procedure	Premium bid
Redemption Period	3 years
Interest Rate	8%
Sale Contact	Revenue Commissioner, Ronald L. Burns
Auction Site	Coffee County Courthouse
Registration Time	9:30 a.m. CDT
Auction Start Time	10:00 a.m. CDT

Pro Tips

• Research Ahead: Check the local newspaper for property lists leading up to the auction.
• In-Person Registration: No need for online sign-ups; show up, register, and bid.
• Local Laws: Familiarize yourself with Alabama’s tax lien laws and Coffee County’s specific regulations.

Useful Links

• Coffee County Tax Lien Information
• Coffee County Revenue Commissioner
• Coffee County Official Website
• Alabama Department of Revenue – Tax Delinquent Properties for Sale 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

FAQs

1. What is the redemption period?
   
   The redemption period is 3 years.
2. What interest rate can I earn?
   
   You can earn 8% interest annually.
3. When are the tax lien sales held?
   
   The sales are held on the 1st or 2nd Monday and Tuesday in April.

Investing in Coffee County tax liens is a straightforward way to earn a reliable return. Don’t miss out on this yearly opportunity to grow your investment portfolio.

For more details, visit the Coffee County Revenue Commissioner’s website

Need a Hand?

If you need assistance with tax lien or deed investing, reach out! Feel free to book a call or access free resources to get started.

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