One of my readers has asked me to throw out this question to the general population. In light of the recent Alabama Supreme Court case of Ross v. Rosen-Rager (see earlier post in this category if you do not know about this case), how does a tax sale purchaser ensure payment for preservation improvements and/or insurance premiums? The Supreme Court case says the investor should somehow, through the courts, attack the validity or legitimacy or issuance of the Redemption Certificate. That is the paper the owner receives when they pay the Probate Judge for the tax sale auction purchase price, plus all intervening taxes, plus 12% interest. The redeeming party is not required to pay the value of preservation improvements, nor insurance premiums, in order to receive a Redemption Certificate. What do you think the investor should do in this situation?
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