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Arizona Tax Lien Certificates

Arizona Tax Liens gets asked a lot of questions, but the most common ones are about tax lien certificates:

Q: What is an Arizona tax lien certificate?
A: An Arizona tax lien certificate is the first lien on the real estate. When a property owner doesn't pay his property tax, the local county government puts a lien on it. Those liens are sold as tax lien certificates to investors.
 
Q: How do I acquire Arizona tax lien certificates?
A:

Step 1. Buy the latest Arizona Tax Lien List.

Step 2. Research the tax lien lists using the tools and due diligence taught in the Intermediate and Advanced Education section of our website.

Step 3. Use our tax lien investing tutorials to get a basic understanding of where the property is and what it looks like.

Step 4. Purchase the tax lien certificate in the yearly auction (typically in February) or after the auction, when typically over 60% of the tax lien certificates remain. Learn more about buying at the auctions and post-auctions in the Intermediate and Advanced Education section of our website.

 
Q: Once I acquire an Arizona tax lien certificate, what do I do with it?
A:

When the property owner eventually pays his property tax, the county will redeem your tax lien certificate by sending you a check for your tax lien certificate purchase price plus the 16% interest pro-rated on a monthly basis.

If the property owner does not pay off his tax liens off within three years, you have the right to foreclose on the tax lien and sell the property at a substantial profit.

 
Q: What is the foreclosure procedure on Arizona Tax Lien Certificates?
A:

42-18201. Action to Foreclose Right to Redeem; Applicability

A. At any time beginning three years after the sale of a tax lien, but not later than ten years after the last day of the month in which the lien was acquired pursuant to section 42-18114, if the lien is not redeemed, the purchaser or the purchaser's heirs or assigns, or the state if it is the assignee, may bring an action to foreclose the right to redeem.

The action to foreclose the right to redeem shall be filed in the superior court in the county in which the real property is located. If any applicable law or court order prohibits bringing an action to foreclose the right to redeem, the limitation provided herein shall be extended twelve months following the termination of such prohibition.

B. This section applies to liens purchased from and after August 22, 2002.

 
Q: Can anyone purchase Arizona tax lien certificates? Even non-U.S. citizens?
A: Anyone can buy Arizona tax lien certificates. No matter where you are from.
 
Q: When should I buy Arizona Tax Lien Certificates?
A:

Anytime you want to make 16% or more on your money is a good time to buy Arizona Tax Lien Certificates.

Every year new tax lien lists comes out with hundreds and thousands of delinquent properties to choose from. That list shrinks over time, but even by the end of the year there are still hundreds, if not thousands, of properties to choose from.

In fact, some investors purposely wait until after the yearly auctions in February so they can buy them without competition that drive the ROI down from the usual 16%.

Learn which strategy is best for you in the Intermediate and Advanced Education section of our website.

 
Q: Do I need to travel to Arizona to buy Arizona Tax Liens Certificates?
A:

No, you do not need to travel to Arizona to buy Arizona Tax Liens. In fact, you can do all your due diligence from any computer in the world with an internet connection.

 
Q: What is the most important thing to look for to make sure you buy the best Arizona Tax Lien Certificate?
A:

That's a tough question to answer as it depends on where your interest and experience lie.

Some people prefer purchasing tax lien certificates on raw land as they're easy to acquire. Some prefer single family homes as they're the easiest to flip. Some prefer commercial property as they know how to rent them out for a great cash flow.

Which ever type of property you choose to focus on, the most important thing to remember is to do your due diligence on the property you want to buy the tax lien certificate on.

The due diligence on each type of property is different so your best bet is to get the education you need to make sure you're buying a great tax lien certificate that you'll be sure to make a great profit off of.

To that end, I highly recommend you get the due diligence education that will ensure your safe investments and maximum ROI. Please see the Intermediate and Advanced Education sections of our website for more details.

 
Q: What laws govern Arizona Tax Lien Certificates?
A:

The Arizona Revised Statutes that pertain to the tax liens are available online at Title 42, Chapter 18, beginning with Article 3.

You can also find them at the Maricopa County Law Library, 101 W Jefferson Street, Phoenix AZ 85003, Phone 1-602-506-3461.

 
Q: What is the "life" of an Arizona Tax Lien Certificate?
A:

Arizona Tax Lien Certificates are dated as of the date the purchase was made.

Ten years later, if the purchaser has taken no additional action to foreclose the tax lien, the lien expires and is voided. No payments will be made to the purchaser. A purchaser may initiate a Judicial Foreclosure action after three years from the initial purchase date.

Learn more in the Intermediate and Advanced Education sections of our website.

 
Q: Can anyone purchase Arizona tax lien certificates? Even non-U.S. citizens?
A: Anyone can buy Arizona tax lien certificates. No matter where you are from or where you currently reside.
 
 

If you have any other Arizona Tax Lien Certificate questions, be sure to check our Frequently Asked Questions section.





Learn how to invest in tax liens and make a 2,820% ROI guaranteed by the government.

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