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Arizona Real Estate Q&A Discussion Forum
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Updated over 5 years ago on . Most recent reply

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21
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10
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Aaliyah Iman
  • Tallahassee, FL
10
Votes |
21
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Phoenix, AZ and Florida Tax Auction Fees and How to Participate.

Aaliyah Iman
  • Tallahassee, FL
Posted

Hello, all!

I’m a newbie to the investing world and am still in my research phase. I wanted to ask something I couldn’t find in the forums, or on the internet.

I currently live in Tallahassee, Fl but plan to move to Phoenix, AZ where I will begin my investing. Does anyone here know how to get involved in Phoenix? Also, while I’m still in Florida, are we allowed to attend just to learn and not necessarily participate?

I have heard on a podcast that there are fees connected to tax auctions depending on how many properties you are purchasing. However, I would like to confirm if so, what are these fees and are they indeed refundable if you do not end up making a purchase?

Also, what are some tips you’d recommend for someone new as a way to check the property and make sure that everything that’s listed about it is accurate and that there aren’t any partial, or pending payments on the property before one decides to invest? Silly question, but is it possible to get a refund if you change your mind about the property and and want to put it up for auction again? 

What are someone bad experiences you’ve had, or someone you know has had doing this that has turned out to be a learning lesson?

Thanks a bunch!

Most Popular Reply

User Stats

138
Posts
144
Votes
Matthew Terry
  • Rental Property Investor
  • Mesa, AZ
144
Votes |
138
Posts
Matthew Terry
  • Rental Property Investor
  • Mesa, AZ
Replied

Voted up. All good questions, would be interested in guidance as well.

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