2013 Arizona Tax Lien Certificates Auctions

2013 Arizona Tax Lien Certificates Auctions

The 2012 Arizona tax lien certificate auctions are just around the corner!  You should start preparing now.  In fact, the Maricopa tax lien list is already out.  The Maricopa tax lien auction is the largest in the state and one of the largest in the US (it comprises of Pheonix and the surrounding area).

See below for a list of Arizona tax lien auction dates and links to the Arizona Tax Lien Sale Websites

I’ve added a schedule of each Arizona tax lien certificate auction (in Arizona, they call tax liens Certificates of Purchase).  Most of the larger counties sell their tax liens online.  However, the Pima County Tax Auction is a live auction (Tucson).  
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What Everybody Ought to Know about Judicial Tax Lien Foreclosure

What Everybody Ought to Know about Judicial Tax Lien Foreclosure

STOP!  If you’ve found this page because you’re looking for a TAX LIEN ATTORNEY to solve an IRS issue or Federal or State Tax problem, then click here for a directory of local attorneys in your state that can help you SOLVE your IRS/Government Lien Issue.

Find a qualified local TAX LIEN ATTORNEY in your state to help you NOW!

If you’re looking to hire a tax lien attorney to help you with your investment (tax lien certificate, tax deed, quiet title), then keep reading below!

Several states especially in the mid-Atlantic and Northeast require a full judicial foreclosure in order for you to take deed to a property.  The largest of these states include New Jersey, Maryland and DC.

While the thought of hiring a tax lien attorney, going to court and paying the costs associated with the tax foreclosure can be daunting to new investors, it actually is a more definitive (more…)

Why Invest in Tax Lien Certificates?

Why Invest in Tax Lien Certificates?

As I always do at the end-of-the-year, I spend time reflecting on past events and more importantly set priorities and goals for the upcoming year.  I have a lot to be grateful for.  This tax lien website has started to gain a good following of devoted readers both online and thru my newsletter. I’m also grateful that I’ve been able to directly keep a number of readers out of trouble—away from bad investments or pricey scams. 

One underlying theme I do get from my reader’s emails and comments is the question about why they should invest in tax lien certificates over other investments?  We could place our hard-earned cash into stocks, mutual funds, bonds, annuities, or even other real estate investments.  But, why tax liens over these other alternatives?

I have five reasons for you.  I’ll open up the comments section on this post if you have other reasons why you think we should (or should not) invest in tax liens as an alternative to these other asset classes.

  1. High Interest Rates.  The reason all of us first raised an eyebrow about investing in tax liens were seeing the advertised statutory rates of 16%, 18% or even 24% on your investment. With banks paying 0% and stock market dividends averaging less than 3%, a yield even in the high single digits is appealing. 
  2. Safety of Investment.  I have to be careful here, as I don’t want to make it seem like there is no risk involved in tax lien certificates.  People do lose money.  It’s imperative that you understand what you’re getting into before buying your first lien.  That’s why I created my website.  If you do your homework, follow the advice found here, and buy high quality liens, then this investment can be extremely safe with little or no risk of loss.
  3. It’s in Your Neighborhood.  Like most real estate investments, you can see the properties first-hand before you buy the tax lien on it.  It could be a house down the road or an office building a short drive away.  Even if it’s a bit further than a day’s drive, the research is easy and you can rely on brokers and online resources to help you out.
  4. Most Tax Lien Certificates Redeem. Look, tax liens are not the best way to gain ownership of properties.  The majority—I mean like 99% of the good properties—will payoff before you even get close to getting deed to the property.  This is a good thing.  It means you earned your interest and you get your principal back.  Nothing wrong with that.
  5. It’s Enjoyable. The reason I get so excited about tax liens is that it’s fun to invest in.  We can see the properties we’re going to bid on.  We get to see our competition (if the auction is not online) and know that there are others just like you and I bidding on these liens. And, finally, we’re involved in the process—we don’t have to go thru a brokerage or be at the whims of a corporate board.

I wish you the best of luck in 2012 with your family, friends, life and (of course) your investments!

Steps to Take BEFORE You Receive a Tax Deed

Steps to Take BEFORE You Receive a Tax Deed

Seven “Must-Do” Items Before You Receive Your Tax Deed

When the redemption period on a tax lien property is about to expire and I know I’m going to receive a tax deed, I take several steps in preparation for receiving this tax deed and thus ownership to a property.  In fact, I have a short checklist of items I always think about before the tax deed is issued.  I use this to identify (more…)

Don’t LOSE YOUR SHIRT in an Overbid Tax Lien Auction

Don’t LOSE YOUR SHIRT in an Overbid Tax Lien Auction

Have you been hesitant to invest in states with an overbid auction?  Has the thought of bidding up to 30%, 40% or even more of the assessed real estate value kept you away from certain state tax lien auctions?  I’ll discuss several tips and strategies that will minimize your risk of loss and maximize gains in these states.

Not familiar with an overbid auction?  In a nutshell, bidders are allowed to bid up the price of the tax lien over and above the initial opening price (usually this opening bid is the amount of delinquent taxes).  This amount over the opening bid is called the overbid and may or may not earn interest depending on the state.
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Selling Your Tax Deed Property

Selling Your Tax Deed Property

Understanding Four Types of Deeds is CRITICAL to Selling Tax Deed Properties!

If you’ve acquired tax deed properties before, you’ll understand that it’s not always the easiest process to actually sell the property.

  • Title companies are wary to issue title insurance.
  • There may be unpaid liens, taxes and other encumbrances on the property.
  • The property might be occupied with a renter or former owner and you want to avoid eviction.

All of these issues and more might prohibit you from selling your tax deed property thru traditional channels.  (more…)

Buying South Carolina Tax Liens

Buying South Carolina Tax Liens

Want to Know More about South Carolina tax lien auctions?

Beginning the first week of October and continuing thru December, each of the counties in South Carolina host delinquent tax lien auctions.  These are primarily held the first week of each month.  You can also checkout my Kindle e-book about the South Carolina tax auction entitled: A Beginner’s Guide to Investing in South Carolina Tax Liens

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