Notice of Foreclosure Right to Redeem
After twelve (12) months from the date of tax sale, the purchaser
at the tax sale may terminate or foreclose on the owner’s
right to redeem the property by causing a notice or notices of
the foreclosure to be served by certified mail to the owner of
record and to all interest holders which appear on the public
record. In addition, the notice of foreclosure is to be published
in the county in which the property is located, once a week for
four (4) consecutive weeks during the six-month period immediately
prior to the week of the redemption deadline date specified in
the notice.
If the redemption is not made until after the notice has been
given, then the cost of serving the notice or notices and publishing
the notice shall be added to the redemption price to cover the
cost of making the necessary examinations to determine the persons
upon whom notice should be served (O.C.G.A.§ 48-4-42, 48-4-45
and 48-4-46).
Any questions about this foreclosure process should be referred
to an attorney.
|