sale will appear in the
possibly acquire property for need to know. A delinquent newspaper 2 to 3 weeks
pennies on the dollar, or tax payer will be given a before the auction date. This
make significantly higher short grace period where period is to allow the
than market returns on our they can pay their taxes delinquent tax payer a little
investments. These high without having to pay a more time to pay the back
return on investment penalty. When the grace taxes, interest, penalties, etc.
interest rates are period expires, the If these amounts are not
guaranteed by law to stay Redemption period starts. paid, and after many public
high. They don’t adjust The Redemption period can and private notifications to
based on what any market run anywhere from 6 the delinquent owner, the
is doing. They are set by months to 5 years, and will property can be seized and
law, and they don’t change. allow our delinquent tax sold at public auction.
If you invest in Arizona for payer to pay the delinquent instance you will earn 16% taxes, accumulated interest, You can greatly reduce your
on your money. Even if you and penalties, and they risk by diligently doing your
tell them that you only want would then redeem their research. It might be wise to
to be paid 12%, they’re property. If payment is not do a title search just to make
going to pay you 16% received by the end of the sure there won’t be any
anyway. redemption period, the local unpleasant surprises. Watch
taxing agency will generate out for property that have an
The only thing that can a list of liens to be offered IRS lien, or that might be
change the amount of at the next tax sale, a going through bankruptcy.
money you make in your “Notice Of Sale” is These can become
investment is a change in the advertised in a newspaper nightmares.
state law. What are the of general circulation, and chances of that happening?? the “public auction” Many counties will allow you scenario is initiated. In to invest in these tax some cases the notice of
instruments by simply
mailing in a check. Some will
allow you to pay with a credit
card, and some will even
allow you to invest in these
money making tax sale
instruments over the internet!
Can it get any better?
73
Here’s something else you
SALE
This is our opportunity to