I purchased tax liens on a property that was struck to the state from Maricopa County Arizona. On 3/2/16 I purchased tax year 2013 & 2014. I then purchased 2015 tax lien on 6/1/16. According to the Maricopa County Treasurers website "When a property owner fails to redeem the CP prior to the expiration of 3 yrs from the date the parcel was FIRST OFFERED AT SALE, the investor may apply for a court ordered deed to the property (judicial foreclosure)." When can I start the judicial foreclosure process? Is "first offered at sale" the same as "purchase date"? Do I need to own the tax lien for 3 yrs (foreclosure process starts 3/2/19) or can I start the process now because the lien was first offered for sale in 2014?
I must defer to counsel in the state of Arizona on this one
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There are a handful of attorneys in Arizona (I'm not one of them) who handle tax lien foreclosures. My understanding is that they're very efficient, so it might make sense to engage one to handle the foreclosure.
As for the date you can foreclose, there are dates the certificates are made available for purchase, which I recall typically occur in February. The 2013 tax was not even in default until May of 2014, so it's hard to believe the certificate was offered for sale in 2014. It might be that 2016 was the date it was first offered for sale.
This answer is not intended as and should not be construed as legal advice
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