Every foreclosure in Alabama has a one year right of redemption, which begins at the date of foreclosure. The only way to avoid it is to purchase a foreclosure for which the rights have already expired. Another alternative is to focus on short sales. That is a distressed sale, like a foreclosure, but the homeowner is trying to avoid foreclosure by selling it for less than what he/she owes before it is foreclosed. If you purchase a short sale, you don't have to worry about rights of redemption at all.
I'd be happy to help you find a great home and answer any further questions you have. You can reach me at (251) 459-4764 or email@example.com or www.facebook.com/propertyspecialist.... more
You can watch the registry of deeds in your area or check with the registry for daily recordings of deeds. You can also have someone search teh mls for you to see if it is posted as a sale and lastly check with the town and city when they update the tax card, it will have sale info,... more
You can go to http://www.CliftonHenderson.com for my current REO listings. I can set you up with
an email alert system that will email you the newest foreclosure for the Mobile or Baldin county area.
If you have a specific search parameter, let me know and I can set up a specific search just for your
needs. I can also email you the current list, (Its rather large, easier if you narrowed the parameter down
to what you are looking for)