Here’s a short video with a tax lien investing quick tip for you on over the counter tax liens…
Watch the video to learn more about OTC liens and how you can the tools and hands-on, done-with-you training from myself and the experts at Fortris…..
Then go to www.TaxLienLady.com/done-with-you to learn more.
The Arizona online tax lien sales are done for this year. If you’ve participated in any of these online auctions you know that the bidding has reached new lows. All of the decent properties were bid at under 5% and in some counties under 3% (ouch)! Most of the Arizona counties are very attractive to institutional buyers, perhaps because most of the counties in Arizona will allow only one tax lien certificate to be sold on any property. That means that if you purchase a tax lien, and the subsequent taxes go unpaid, your lien will be sold with the current lien in next year’s tax sale. Why is this attractive to institutions? Because they know they will get paid, they don’t even have to wait out the redemption period. They only need to wait until the following year’s tax sale. Continue reading
I get a lot of questions and comments about over-the-counter tax liens and deeds. Many beginners want to know how to buy liens or deeds directly from the county and circumvent the auctions. They’ve been told that there are always leftovers available and that you can avoid the competition at the tax sale by purchasing left-over tax liens or tax deeds directly from the county instead of bidding on them at the auction. Continue reading
Watch this short quick tip video to find out about what I call the easy button for tax lien and tax deed investing:
There have been a few changes to procedures in some counties for the Arizona tax sales in the last 3 years, particularly the online tax sales. Here’s what you need to know for the upcoming online tax sales in Arizona.
The Single Simultaneous Bidder Rule
Pinal and Yavapai counties incorporated this rule in 2014 and Coconino county included the “single simultaneous bidder rule” the following year. When this rule is in effect, not only can you not bid under a different name or entity, but when you register to bid at one of these tax sales, you cannot have a contractual, legal or financial relationship with any other bidding entity registered in the same sale. That means that anyone who files a joint tax return with you is not allowed to register in that tax sale, and any entity that you are involved in is not allowed to register to bid at the tax sale either. So if you have shares in a fund or other entity that bids at a one of these tax sales, then technically you cannot register to bid in that sale. Continue reading
Follow Us!