Interested in learning how to buy Arizona tax liens?
Here’s a great summary of what to expect when you’re investing in Arizona Certificates of Purchase. Find out more about strategies, risks and opportunities buying tax liens across the United States at my website on Tax Certificate Investing and by subscribing to my Tax Lien Newsletter.
Overview of Arizona Tax Liens (Certificates of Purchase):
Arizona Auction Type: Online or Live (Varies by County)
Arizona Statutory Interest Rate: 16%
Date of Auction(s): February
Overbid State/Type of Auction: No / Bid Down Interest
Arizona Redemption Period: Three Years
Arizona Subsequent Taxes: Available. May be required to purchase in some counties.
Arizona Tax Lien Foreclosure Process: Legal Noticing and Foreclosure
Arizona Tax Lien Attorney Required to Foreclose? Yes
Largest/Best Auctions in Arizona:
- Maricopa County, AZ (see BidMaricopa by Grant Street)
- Pima County, AZ (see Pima County Treasurer)
- Coconino County, AZ (see Coconinotaxsale.com by Real Auction)
Resources / Links:
- Good Reference on Arizona CPs from Yuma County
- The best website about Arizona tax liens: CPExchange.com
- Online Auctioneer: Grant Street
- Online Auctioneer: Real Auction
- Arizona Tax Lien Statutes: Title 42, Chapter 18
- My website about tax certificate investing
Advantages of Arizona Tax Liens:
- Easy to Buy – Most counties sell the tax liens online
- Low Lien to Value – The tax rate is low in Arizona making your investment safer than other states
- High Redemption Rate – Most liens redeem, so you won’t be stuck with the real estate
Disadvantages of Colorado Tax Liens:
- Long Redemption Period – Illiquidity Risk
- Lots of Competition – Many large funds are attracted to these tax sales lowering the interest rate
- Foreclosure Costs – You may not be reimbursed for all of your foreclosure costs.
