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Updated about 9 years ago on . Most recent reply

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78
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15
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Lynda Duke
  • Vancouver, WA
15
Votes |
78
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Tax Lien info for Arizona, Ready to get started any suggestions

Lynda Duke
  • Vancouver, WA
Posted

If 2015 ad 2014 are owed, should I purchase most recent year of delinquent taxes or year before.  

I found a lien that 2015 was paid, and 2014 still owed.  would it be a good investment to buy the 2014.  I wondered why they didn't pay the 2014 off first?

Most Popular Reply

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14
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5
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Ian Cox
  • Real Estate Investor
  • Seattle, WA
5
Votes |
14
Posts
Ian Cox
  • Real Estate Investor
  • Seattle, WA
Replied

You will want to purchase the earliest lien so that you are more senior than other liens and can foreclose earlier. Yes buying the 2014 lien when the 2015 lien has already been paid can be a good investment since there is more skin in the game for the home owner.  While this situation is rare, I see it perhaps 2-3% of the time.

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