flipped houses alabama: Buying a "Flipped" House (past Foreclosure) in Alabama - Things You Need to Know
- 11/02/11 03:25 PM
Buying a "Flipped" House (past Foreclosure) in Alabama - Things You Need to Know!
As a professional Real Estate Agent in the North Alabama area for several years, these are the things I think any potential buyer should know about buying a foreclosure, and, specifically, a previous foreclosure bought by an investor, "fixed up" and "flipped".
In Alabama, the Right of Redemption Law exists: this law allows the original owner to reclaim their property up to one year AFTER foreclosure date! YES - this is TRUE! One year! Now the previous owner (or other persons) must pay the foreclosed amount, plus … (4 comments)
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Buying a "Flipped" House (past Foreclosure) in Alabama - Things You Need to Know! 
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