8 Dates You Must Know For Arizona Real Estate Tax Liens

Mark Manoil wrote a book called, "Arizona Property Tax Liens: Guide to Profit, Protection & Prosecution." Below are important property tax time frames that you must remember. If you want to be involved with Arizona real estate tax lien investing, you will probably want to bookmark this page.

Arizona Tax-lien timeline

January, Year 1 - A lien for taxes is attached to the property, even though the amount of taxes due will not be determined until the next fall. The county assessor notifies each property owner of the property's assessed value.

August-September, Year 1 - The County Board of Supervisors approves the property-tax rate, and residents receive their annual property-tax bills.

October, Year 1 - The first half of the property-tax bill is due.

April, Year 2 - The second half of the Year 1 property tax is due.

December, Year 2 - The county treasurer compiles for publication a list of all parcels with delinquent property taxes.

January, Year 3 - The Treasurer's Office has the list published in a local newspaper and on the Internet.

February, Year 3 - An online auction is held to sell the tax liens to investors. Bidders compete for the best interest rates, with bids starting at 16 percent. Any liens not sold to investors are "struck" to the state of Arizona but can be sold at subsequent auctions.

February, Year 6 - Lien investor can seek a judgment in court for foreclosure of the tax-delinquent parcel if the investor still has not been repaid with interest.

I plan on interviewing folks who have been successful in real estate tax lien investing, I will place the audio interviews on my main website www.InvestmentRealEstateCorner.com

Moving Forward,

Kendall E. Matthews

P.s. When I find the resources, I will definitely review them and tell you how they work out for me!

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