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If I buy a tax lien certificate dated the year 2003, do I still have to wait 3 years to foreclose on it, or can I do it right away if the redemption period is 2006?

April 26, 2017buy Certificate dated lien tax wait year

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If I buy a tax lien certificate dated the year 2003, do I still have to wait 3 years to foreclose on it, or can I do it right away if the redemption period is 2006?

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If you buy a 2003 Arizona tax certificate in 2006, you still have to wait three years before you can foreclose on the tax lien. Be sure to do your due diligence first though, as detailed in the Intermediate and Advanced Education sections of our website, to ensure you know what you’re doing.