What I was referring to is a man who lost his free and clear home to taxes was able to get it back. I don't remember if he had to pay off the tax lien first.
I didn't mean you should lose your mortgaged home for taxes on purpose so you could get it back minus a mortgage and taxes but that is very ingenius of you. As a matter of fact if it worked it would serve those scumbags right. That is why you want to do a abstract yourself before you buy even if you have to buy title insurance to get a mortgage.
That bring up a business idea. I might be able to search the titles here locally for people who lost real estate for taxes and contact them or their heirs and get their property back to them for a fee.
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Originally Posted by andrewmitch
To me, it sounds a little risky to allow someone to buy the house (even a tax lien) and then have to defend your ownership via the LP. To do this would mean having all your ducks in a row including a Friendly Lien to at least protect your equity should you lose.
But you are right - the place to start is completing my abstract. I have gone back a dozen owners but it only brings me to 1950.
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United States never held any municipal sovereignty, jurisdiction, or right of soil in Alabama or any of the new states which were formed ... The United States has no Constitutional capacity to exercise municipal jurisdiction, sovereignty or eminent domain, within the limits of a state or elsewhere, except in the cases in which it is expressly granted ...
[Pollard v. Hagan, 44 U.S. 212 (1845)]
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