Pima County (Tucson AZ) Tax Lien Sale 26 Feb. Anyone Here Going?
I've been doing a lot of research filtering out bad properties and probably have more liens than I have money to purchase. I'm pretty good at it, I use a computer algorithm and the Assessor's data. Maybe I could bird dog some good, too-expensive-for-me liens to you for some kind of profit if you successfully foreclose the property. Not sure how low people are going to bid down the interest rates . . . last year I heard someone bid all of them down to 3% but isn't coming back this year -- probably because they found out they did not make much profit. Usually it's 6% and I'll go as low as 5% on good ones I researched. I've done this before. Been in the tax lien business for almost 20-years. I'll update this post as the sale progresses and I've finished my research.