It never ceases to amaze me how astute and opportunistic people can be when it comes to making money. In the Arizona tax lien foreclosure realm, there exists a group of opportunistic investors that derisively have been called "bottom feeders" or "title raiders." What these people do is comb public records to find pending tax … [Read more…]
Tax lien investors need to understand the importance of sub-taxing their tax liens in Arizona. When a tax lien investor purchases a tax lien at the February Pima County tax lien sale, for example, that investor then has the right to purchase the next year’s delinquent taxes if the owner does not pay the subsequent … [Read more…]
Bank of America, which bought Countrywide Financial for $4 billion in stock in early 2008, has come under pressure from the Massachusetts Attorney General, as a result of Countrywide’s notorious lending practices. Bank of America’s move is part of an agreement to settle claims over certain high-risk loans made by Countrywide. See link to Wall … [Read more…]
In the tax lien foreclosure world, appropriate service of process is absolutely crucial. Consider what is at stake in a tax lien foreclosure case – the potential forfeiture of the right of the owner of a property to pay off their delinquent property taxes, which practically speaking means the likely loss of their property. If … [Read more…]