Hello, I am hoping to receive some guidance on how I can go about selling my interest in a tax deed to an investor.
I recently purchased my first tax deed in the state of Alabama. I’ve done all my research and there are no liens outstanding with code enforcement, IRS, city sewage, etc. The mortgage was never released and when the property went into tax default the mortgage holder did not proceed with foreclosure. I have made several attempts to do skip tracing to locate the previous owners to no avail; but in AL I would need to wait after the redemption period of 3 years prior to starting the quiet title process. So at this point, I am highly considering selling my interest in the tax deed to another investor in the area but need some guidance on how I should go about selling my interest to another investor in the area and strategies in determining a fair price?
Thank you, I appreciate your responses.