Torrance, CA · Member since 2019 · 13 posts · 4 votes
Good afternoon community!
I currently do tax liens in Mohave county and it is a pretty straight forward experience either with the annual tax sale in february or obtaining the "over the counter" list, even after the whole new world we live in. I was looking to spread out a little more in the state of Arizona and of course it seems very county specific as in they do the lien auctions every year but it seems to be more challenging to find the parcels that were not sold during auction. Also I know mohave uses realauction.com for their bidding process and I just go straight through the county afterwards but it seems from my research that Maricopa and Pima do not? I might be not seeing an obvious but the county websites for both are a little vague? Any information would be of great help! Thanks for hearing me out!
Here are some blog posts I've posted over the years on Arizona online tax lien auctions. I took off from last year's auctions since I finally made the move from Illinois to Arizona last month.
Here are some blog posts I've posted over the years on Arizona online tax lien auctions. I took off from last year's auctions since I finally made the move from Illinois to Arizona last month.
Thanks for the info! And thank you for your blog posts! I am new to this and I have just been aware of the bid history thanks to your write ups and videos. Great information you got there so thank you again for sharing! Also hope you're enjoying arizona, I hope to do the same in the near future
I am planning to purchase the Pima County CD in October ($50). Its been years since I successfully invested in Pima County tax liens. Back then all was in person research. I did not purchase at the auction (it was useless), as major companies all bid the interest down. The OTC worked for me then. I am looking forward to see if the OTC will be interesting this time around. I am thinking that other counties such as Navajo, Coconino, etc might be easier as all the info is online and the $50 investment is not needed.
I got the $50 information for Pima County OTC liens last month. It was a complete waste of money. There were literally maybe 10 real liens available and after research none of them were any good (ie common areas, slices of land where one cannot build etc). I have signed up for the auction training, but not expecting much as in years past when I attended in person "the big boys" reduced every lien to under a 2% return. Do not expect it to be any different with even lower interest rates now.
I did some research in Yavapai and Coconino counties with website information and came to a similar conclusion.
Is anyone purchasing OTC tax liens in Arizona (any county) successfully just for the interest return successfully? In the last year? Would love to hear about it.
@Cynthia Bistrain I can't specifically speak to AZ but I do know that lots of big money has come into the tax lien space and they are bidding interest down to silly numbers nationwide.
once the real estate market changes and these companies start realizing losses it will ease up again.
@Cynthia Bistrain. I have had some luck with AZ OTC liens. You have to do a LOT of research to find a good one. I wrote a blog post on OTC AZ liens to help show how hard it is. I picked three random OTC liens. You can read it here: OTC tax liens. Junk or Needle in a Haystack