Closing Property Title For Liens In Pima
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The Tax Lien Sale provides for the payment of delinquent property taxes by an bidder. The tax on the property is auctioned in open competitive bidding based on the least percent of interest to be received by the bidder.
To be eligible to bid, you must complete the following steps on the auction web site: Complete online registration. Complete IRS Form W-9, W-8BEN, or W-8BEN-E as applicable - Note: Real Auction does not have the foreign IRS forms. Submit a deposit (online via ACH) Establish a budget. Receive bidder number assignment.
What is the "life" of a tax certificate? Certificates are dated as of the date the sale was made. Ten years later, if the bidder has taken no additional action to foreclose the tax lien, the lien expires and is voided. No payments will be made to the bidder.
Introduction. The Tax Lien Sale provides for the payment of delinquent property taxes by an bidder. The tax on the property is auctioned in open competitive bidding based on the least percent of interest to be received by the bidder.
Property tax rates in Pima County are the second highest of any county in Arizona. The average effective property tax rate in Pima County is 0.84%. That is higher than the state average, and the typical Pima County homeowner pays $2,161 annually in property taxes, which is also above average statewide.
