Are there "upset auctions" in AZ?
Greetings everyone!
I'm considering buying a few tax liens in Maricopa and one question I have not been able to find the answer to is: what happens when the lien holder files for the foreclosure (however unlikely, it happens)? In some states, the lien holder gets the deed, in other states the deed will be issued but sold at the auction (aka "upset auction"). How does it work in Arizona? Does anyone have first-hand experience with foreclosing on liens in AZ?
Thanks!
Josh