Bullock County, Alabama Government Auctions

1 open listing in Bullock County, including 1 freddie mac REO. Every listing links to the official source to bid.

Open now in Bullock County

Real Estate

Freddie Mac HomeSteps

Open

5510 Highway 29, Banks, AL 36005

Banks, Alabama

Freddie Mac HomeSteps (REO) home in Banks, AL. 3 bed, 2 bath. 2,720 sq ft. Built 1900. Single-Family. List price $159,900. Bullock County. Offers go through the listing broker (CORE International Realty); view full property details, photos and how to make an offer on the official HomeSteps listing.

Listed price

$159,900

Details ↗

By sale type

Freddie Mac REO1

By source

Freddie Mac HomeSteps1

How these sales work

Buying government property in Bullock County

Alabama is a hybrid state

Alabama counties choose between two enforcement methods: a tax lien auction, where investors bid down the interest rate on the delinquent taxes, and the older tax sale, which conveys a redeemable tax certificate. Mobile County, for example, runs an online tax lien auction each spring.

Redemption period: Under either method the owner commonly has three years to redeem, and occupied property may carry redemption rights beyond that under Alabama case law — verify the county's current procedure in the notice.
Interest or penalty: Tax lien auctions start at a 12% annual rate and are bid down; certificates from a traditional tax sale commonly earn 12% on the taxes paid.

Full Alabama guide and FAQ →

Government REO home

A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.

Compare government real-estate sale types →

General information, not legal advice; the official sale notice controls.