RI Report: Tax Lien Certificate Trends

Tax Lien Trends

Hello Rogue Investors,

I hope you had a chance to download the tax sale calendar for September, October, November and December of 2010.

http://www.rogueinvestor.com/2010_Tax_Sale_Calendar.pdf
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I love research. Why? Because it gives me the cold, hard facts. I can tell you something and hope you believe me, or I can support my argument with facts.

Recently, our team has been doing some fact finding to make sure we really know what’s going on. Here are some interesting statistics from a county that sold over 50 million dollars in liens from its last sale – Maricopa County, Arizona (www.maricopa.gov).

This is its tax lien certificate sale history over the last 14 years, with buyers earning ON AVERAGE 8.54 PERCENT on their investments.

http://treasurer.maricopa.gov/research/stats.htm

Sale Year	Liens Sold	$ Value	Avg Int Rate	Struck to State
2010	25,660	$57,093,614	8.62%	11,040
2009	22,354	$39,884,087	8.66%	8,107
2008	20,401	$27,558,290	7.64%	1,651
2007	15,972	$21,080,184	7.96%	1,804
2006	13,479	$17,284,492	6.03%	2,147
2005	12,515	$16,941,595	5.80%	4,247
2004	14,065	$17,505,778	6.09%	5,258
2003	14,156	$15,779,144	7.88%	7,044
2002	11,771	$13,195,438	10.91%	9,299
2001	11,363	$13,578,760	10.95%	8,660
2000	11,002	$11,200,642	10.12%	6,939
1999	10,766	$10,967,212	9.93%	7,769
1998	8,456	$8,967,966	10.04%	8,195
1997	10,057	$12,948,495	8.90%	8,060

And every year, liens that are not sold at the sale are “struck off to the state” and these state-owned liens can be purchased through the mail for the taxes owed (with no competitive bidding on the interest rate) – with the buyer receiving the full state-mandated annual interest rate of 16 PERCENT.

Now THESE numbers and trends get me excited!

More parcels are being offered and more liens sold than at any time in the last 14 years.
The average interest rate peaked in 2001, went down during the wild rush of real estate in 2005, and is on its way back up.
More liens were struck to the state and available for purchase directly at 16% than at any time in the last 14 years.

What’s also exciting is that Maricopa County is leading the trend in counties holding their sales on the Internet rather than at the courthouse, making travel expenses and time away from home a thing of the past.

There’s not much time left to sign up for the Tax Lien/Tax Deed Workshop in Austin on October 3-5. Not only will we go through the Austin list, but we will go through how to buy online no matter where you live. Texas has a unique system of either awarding you the property or a 25% fixed interest rate.

Call today at 913-381-4520 and speak with Christina.

Or, for more information and to reserve a spot, visit: http://www.rogueinvestor.com/Austin_tax_deed_workshop.html.

Remember, if you want to register for the sale, you have to sign up by TUESDAY, September 28. Please call in soon so we can help you with everything.

Cheers,

Michael Williams
1-913-381-4520

P.S. Help us both. If you are buyer or seller of tax liens through assignment, I have buyers and sellers interested. Let’s start an exchange. Contact me for more details.