Your Chance to Obtain Real Estate

               for Pennies on the Dollar

                     Welcome to the

              " The Great Southwest "            

 

             " TWO CERTIFICATES "

Have you ever wondered how some middle income investors are able to accumulate multi-milion dollar real estate holdings.

Well, here is your chance to  aquire real estate for pennies on the dollar through the purchase of tax certificates.

What are Tax Certificates?

Tax certificates are a high priority lien against property that means  that there are very few other claims against a property which would be paid before the tax certificate lien.  It even supercedes some IRS liens.

The tax certificate face amount consists of the following: the delinquent real estate tax, interest from the date of delinquency, advertising penalty fees, and a charge for the issuance of the tax certificate.

The tax certificate itself conveys no property rights. To make a simple analogy it is simply a loan to the property owner. However, if the certificate is not redeemed within three years of the date of the original sale, the certificate holder has the right to foreclose on the property and take possession.  

Most counties today do not issue paper certificates.  The certificate is kept as an electronic file at the Treasurer's office.  The certificate can be sold or transferred to another person at any time.  However, the sale must be reported to the Treasurer's office so a corrected certificate, with correct W-9 information can be retained.

Being auctioned are TWO tax lien certificates from Mohave County, Arizona. Both of the certificates are from tax year 2007 and both certificates pay a interest rate of 16.00% which accrues monthly until the property is redeemed or the property is foreclosed on by the lien holder.

Both properties are located in the Lake Mead Rancheros Subdivision which is just north of the town of Valle Vista, Arizona and west of the towns of Dolan Springs and Chloride, Arizona.

(1) The first certificate is Mohave County certificate  # 2007012336. The face value of the certificate is $23.19 plus interest. The parcel ID  number is 334-11-259.

This 2.5 acre lot is located  at the corner of N. Taos Road and E. Kaibito Blvd( See plan below ). It's legal description is Lot 3019, Unit 12, Lake Mead Rancheros.

(2) The second certificate is Mohave County certificate # 2007005918. The face value of the certificate is $22.82 plus interest.. The parcel ID number is 312-12-339.

This lot is 2.02 acres in size and is located directly on N. Antares Road which is the main road heading north from valle Vista to Las Vegas( See map below ). It's legal description is Lot 3856, Unit 14, Lake Mead Rancheros.

 Please note that this is not a sale of real estate, but a sale of a tax lien on the real estate.

If by chance the tax lien certificate is redeemed by the owner before transfer to the bidder is complete, the seller reserves the right to substitute a tax certifcate of equal or greater value to the buyer or refund all fees paid.  The option is at the discretion of the seller.

I have listed all information accurately and to the best of my knowledge, but as in any real estate transaction, you should do your due diliegence before bidding.  Once you bid you are entering into a legal contract that you are obligated to fulfill or be held liable for the amount of your bid and any legal expenses that may be incurred to collect the bid amount.

 

                        Terms of Sale

 Payment is due in three business days by paypal or bank check.

In addition to the high bid there will be a $185.00 documentation/transfer fee PER CERTIFICATE. Therefore your total cost will be your bid plus $370.00

Thank you and good luck bidding