Redemption
36 mo
Max interest
16%
You buy a tax lien, not the house. The owner has 3 years from the sale to pay you back. Bidding drives the rate down, and you earn up to 16% a year. You win by offering the lowest interest rate. Sales are held once a year, typically in February.
Sale type
A.R.S. 42-18114
https://www.azleg.gov/ars/42/18114.htm“A real property tax lien shall be sold pursuant to this article to the person who pays the whole amount of delinquent taxes”
Redemption
A.R.S. 42-18152
https://www.azleg.gov/ars/42/18152.htm“Within three years after the date of tax lien sale.”
Interest
A.R.S. 42-18053
https://www.azleg.gov/ars/42/18053.htm“all taxes bear interest from the time of delinquency at the rate of sixteen percent per year simple until paid”
Bid method
A.R.S. 42-18114
https://www.azleg.gov/ars/42/18114.htm“offers to accept the lowest rate of interest on the amount so paid to redeem the property from the sale”
Sale timing
A.R.S. 42-18112
https://www.azleg.gov/ars/42/18112.htm“The tax lien sale shall be held in February.”
Prose: lien | 16% per year simple | 3 years | bid down to lowest rate of interest (not to exceed 16%) | February
| County | FIPS | Platform | Health |
|---|---|---|---|
| Apache County | 04001 | RealAuction | not_started |
| Cochise County | 04003 | — | not_started |
| Coconino County | 04005 | RealAuction | not_started |
| Gila County | 04007 | — | not_started |
| Graham County | 04009 | — | not_started |
| Greenlee County | 04011 | — | not_started |
| La Paz County | 04012 | — | not_started |
| Maricopa County | 04013 | — | not_started |
| Mohave County | 04015 | RealAuction | not_started |
| Navajo County | 04017 | — | not_started |
| Pima County |
| 04019 |
| — |
| not_started |
| Pinal County | 04021 | — | not_started |
| Santa Cruz County | 04023 | — | not_started |
| Yavapai County | 04025 | — | not_started |
| Yuma County | 04027 | — | not_started |