Non-Performing Mortgage Notes for Sale in Alabama
Alabama State Details
Foreclosure Non-JudicialDocument Deed of TrustFC Timeline 1 - 3 MonthsFC Cost $1,617Tax Type Tax LienTax Redemption 3 yearsDeficiency Yes (Judicial)Avg Mo to FC 1.4667Avg Mo to REO 6.5667
4 notes near Alabama · 1 portfolio · 55 sold · 18 resolved
Portfolios (1)
Cherry-Pick Junior NPL Pool — March 2026
82 notes · $5,967,697.54 UPB
Individual Notes (4)
Non-Performing 2nd
ALABASTER, AL 35007
UPB $10K–$25KLien 2ndStatus Non-PerformingType SFR
Senior Status CurrentEquity Full Equity
Non-Performing 3rd
HAZEL GREEN, AL 35750
UPB $25K–$50KLien 3rdStatus Non-PerformingType SFR
Tax Status Semi-CurrentEquity Underwater
Non-Performing 3rd
TUSCALOOSA, AL 35404
UPB $75K–$100KLien 3rdStatus Non-PerformingType SFR
Tax Status CurrentEquity Full Equity
Non-Performing 2nd
MOBILE, AL 36605
UPB $75K–$100KLien 2ndStatus Non-PerformingType SFR
Senior Status CurrentEquity Unknown
Sold Loans (55)
Non-Performing 2nd
CEDAR BLUFF, AL 35959
UPB < $10KLien 2ndType SFR
Sold 2026-01-26
Non-Performing 2nd
COLLINSVILLE, AL 35961
UPB < $10KLien 2ndType SFR
Sold 2026-01-26
Resolved Loans (18)
Non-Performing 1st
BESSEMER, AL 35022
UPB N/ALien 1stResolved 2025-08-20
Non-Performing 2nd
PIEDMONT, AL 36272
UPB $10K–$25KLien 2ndResolved 2025-09-16
Guides & Resources
AbandonmentEncyclopedia
Abandonment occurs when a borrower vacates a property and relinquishes ownership interest. Early detection is critical for note investors to prevent.
Abstract of TitleEncyclopedia
An abstract of title is a chronological summary of all recorded documents affecting a property's ownership. Note investors use it to verify lien position.
Acceleration ClauseEncyclopedia
An acceleration clause lets the lender demand full repayment of the loan balance upon borrower default or other triggering event — a key protection for.
Accrued InterestEncyclopedia
Accrued interest is unpaid interest accumulated on a mortgage note. Note investors treat it as potential upside on non-performing loans, not a basis for.
ACH PaymentEncyclopedia
An ACH payment is an automatic electronic bank-to-bank transfer for collecting monthly mortgage payments, reducing delinquency risk and boosting.