Arizona Real Estate News Access
All the real estate and mortgage news you need to know in Arizona
Categories:

Archives:
Meta:
December 2024
S M T W T F S
« Oct    
1234567
891011121314
15161718192021
22232425262728
293031  
01/24/10
Tax-lien auction may be lucrative
Filed under: General, Real Estate
Posted by: Lillian Wong @ 1:27 pm

This year’s Maricopa County property-tax-lien auction is shaping up to be the biggest ever and potentially more lucrative for investors than others in recent years.

It’s a prime example of how misery so often rubs elbows with opportunity in the Phoenix-area real-estate market.

Rampant home foreclosure and plummeting property values caused a dramatic spike in unpaid property taxes during the 2008 tax year. On Feb. 8, those unpaid taxes will be sold to investors hoping to earn interest on them until the property owners pay up.   More…



Bookmark and Share
Subscribe

share

Leave a Reply