Foreclosure in 85743>Question Details

Crystal Bart…, Other/Just Looking in Tucson, AZ

how can I get a free listing of tex lien properties in tucson arizona?

Asked by Crystal Barton, Tucson, AZ Fri Jul 25, 2008

I have a friend who was taking care of his mother while she had cancer, she passed away and now he needs to find a home cheap and fast, as he is about to be left homeless. please help

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6
Crystal,

I'm so sorry to hear about your friends mother. If your friend needs a home fast, looking to buy a property by buying the tax lien is not going to be a fast process. How that works is that you buy the tax lien on the property, then the legal owner has 3 years to pay that back to you, if they by the end of the 3 years don't pay the lien, then you can start the process of taking over the property. If he is lookin for fast housing to buy, I would suggest looking for a bank owned property. Or even faster, a rental. Good luck to you.
Web Reference: http://www.TeamKearney.com
1 vote Thank Flag Link Fri Jul 25, 2008
Can your friend pay in cash? If not, have them contact a local Realtor to look for a property. Is your friend pre-approved with a lender? In today's market that should be step #1. Worst case, they can rent while they figure things out. Not like the RE market is going to take off anytime soon.

Best of luck to you and your friend.
Spirit
0 votes Thank Flag Link Sun Oct 16, 2011
There is no free list. You can go to the Pima County assessor's office in Downtown Tucson on Church St. and purchase a CD with a list of these properties for $50.

They key to understand here is that any lien you purchase must be held for a minimum of 3 years prior to foreclosing on it and taking possession of the property.

If you have further questions about buying tax lien properties in Tucson, please visit my site and send a contact request!
0 votes Thank Flag Link Sat Sep 24, 2011
Any kind of tax lien,short sale or foreclosure sale takes time and there is rarley a quick close. You might want your friend to contact his bank and talk to the loan officer about his needs they can help him set peramiters as to what he can afford and what kind of down payment he can come up with. The Tucson market right now is a" Buyer's" market and prices are low with plenty of inventory to choose from. Of course I would suggest using a real estate agent that he feels comfortable with to make the transition as easy and comfortable as possible in his troubled time. Good luck let me know if I can help you find loan officers or bank that can work for your friend.
One more thing your friend sounds like a very lucky person already by having a good friend like you.

Vera Wallace
520-918-5730
0 votes Thank Flag Link Fri Jul 25, 2008
Hi Crystal,

Tonje nailed it right on the head, tax lien properties aren't going to be fast at all. I would second the suggestion for looking at bank owned homes but if your friend isn't going to seek traditional financing (pay cash) then pretty much any purchase can be accelerated.
0 votes Thank Flag Link Fri Jul 25, 2008
Call your county appraiser office for a list of tax lien properties. Sometimes these are available online also. Be sure to research any property thoroughly before making an offer, however. Good luck.
0 votes Thank Flag Link Fri Jul 25, 2008
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