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Updated over 10 years ago on . Most recent reply

Tax Sale investing in AZ or TX
I am having trouble finding a website that auctions of tax liens in TX and AZ. Has anybody ever worked with these states?
Most Popular Reply
@Carlos Rosas You mention "Tax Lien" investing, but I see from your other posts you are looking to obtain properties for fix and flip. Tax "Lien" investing is not the best (nor fastest) way to get a property. Tax "Deed" sales is the way you want to go. Be careful - there is a LOT to learn about laws and getting clear title to tax deed properties.
Texas is a Tax Deed state but they do not have online tax deed auctions. You'll need to be in person (or have somebody in person) at the county live auction to bid and win.
Arizona is a Tax Lien state - and they have a 3 year redemption period - which means the owners have 3 years to pay back the taxes before you can foreclose and obtain title to the property. You can look for liens that are already 3 years old ("seasoned" is a term used by lien sellers to mean the lien was issued earlier than a year ago) but your inventory on seasoned liens with homes is pretty limited. You would be buying from a lien investor and not an online auction by the county.
Arizona counties also have Over-The-Counter (OTC) liens. These are liens nobody bought in the annual lien auction. You can buy them directly from the county. You can contact the county office and ask for the list of these liens. Be careful, they were probably not bid on for good reason.
Tax Deeds and Tax Liens are fickle investments. You have to know the laws of the states (and sometimes counties and cities) regarding these investments. All states are different.
I'm curious as to how you're going to do rehabs on properties that are in states so far from Washington?