All Forum Posts by: Stephen Mallen

I got my number for tax lien buyer, I also found through the County that the property I wanted has gone to foreclosure, so I am guessing that it was bought two years ago and now reached its redemption period. But I was also told by the County that it was to go to auction this Feb. Someone is giving me the wrong info. So with that said we will check the County next week to see if I get any different answers. I did send a letter to the owners listed by the County asking if they wanted to sale. Still waiting for the reply.

Thanks everyone for the advice.

Stephen

Ned, I am not sure when the tax sale was on the property we now own. I assumed it was last Feb. It may have been the year before 2017 or 2016

Hello Jerry, Mohave County is the location. Here's the deal for years this property we now own bought from an investment company in January was to close in Feb, but it closed in Sept. This property and the one next door has been vacant for 9 years and I was wondering about it all and how I could buy it. Well last December I was looking at properties and noticed that one of the parcels was for sale we offered $7000 and it was a deal. We had to clear the lot have power hooked up and removed an old single wide. Now we don't know when it was bought by the investment Co.  However we no who the owners were from records the same people paid taxes on the property next door and they had an address in Henderson NV that Mohave Co sent the tax bills to is no longer there and is a vacant closed office as for the property now we want the owners have a PO box in Mohave County and thats the address Mohave Co sends them the tax bills. No reply for 2 years I guess and it goes to auction in Feb.

But both properties were paid by the same people. I guess the one we own now the tax was not paid and it was auctioned the other one was paid and is now due and will go to auction FEB.

As for moving in we had to get permission to work on it and do what we wanted to the property from the lien holder, tell it closed which was October and we moved on it in May, Yes we took a chance! I believe they had to foreclose is my guess.

Yes and thank you Dennis, even if it cost $3000 for a Judge and court cost for a clear title and all the taxes it will still be worth it. The property has water to it just needs turn on and it has septic which is good and power to the property line with pole on property. Cleaned up and power turned on and some fence work it will be worth $35,000 plus. Just don't want anyone next to us and maybe will sale or give it to our Son and family for cost so we have family near by. Getting old we are lol.

Yes I have the address of the owners and as I said they defaulted on the property we own now next door. I can try to contact them but I am sure I will get no answers. What does filing for a quit title or claim cost to file? Since I cant reach them and the County cant and it goes to auction Feb. I can bid $500 or so and receive the lien I am pretty sure. Waiting 3 years is ok but getting an insured title after I am lost. Can you give me any advice?

Dennis Weber, we paid $7000 for our property from the investment company that bought the lien during auction last year. Now the property next door will go to auction Feb. It is the same owners that defaulted on our property. This property may or may not get sold to and could be one of those that goes back into the County. But the back taxes for the two year here in Arizona are $ 300 for this 1 acre clear land parcel.

If I win the BID how do I get the clear title if I cant get a quit claim?

I believe the owners are dead and know Aires. Don't want to sell it. We bought the property next door from a Company that buys liens. The property we bought from the company was or is the same owners before the investment company bought the lien last year that we bought from them. So wont find anyone to do a quit claim. We bought the property last year in January  but wasn't able to get a clear title tell a few months ago Oct.

Can I just pay the lien off before auction and hold the property that way? I don't want to loose it to someone's higher bid if any evens bids on it. FMV is $4500 with $300 past due tax two years and February it goes to auction. What does properties like this go for during auctions any idea?

I have a property next door and the taxes are owed, it will go for auction February the taxes are only around $300 for the past two years.  The property is only worth  around $6000. I know the past owners are not going to pay. The property is in Arizona so its 3 year redemption period. Should I wait tell auction and buy or pay the back tax and hold the lien for 3 years. Also is there anyway to receive a insured title faster then the 3 year wait and or is it faster to buy at auction to receive title faster?