How much do Arizona Tax Liens pay?
Arizona Tax Liens provide up to 16% interest (pro-rated monthly) and the opportunity to foreclose on the tax lien and sell the property at a substantial profit. If the property owner pays off his back property taxes, he is required to pay a 16% late fee (pro-rated monthly) that is then passed on to you, the investor. If the property owner fails to pay off his property taxes within three years, you, the tax lien certificate holder, have the right to foreclose on the property and sell it for a substantial profit.
