Your Chance to Obtain Real Estate

               for Pennies on the Dollar

                     Welcome to the

              " The Great Southwest "            

        Apraised Value $134,500.00

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 a three bedroon home in a nice suddivision in Lake Havasu City, Arizona 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.

The property being auctioned is a beautiful home located at 3130 Palo Verde Blvd South, Lake Havasu City, Arizona. The house was built in 1999 and has three bedrooms, two baths and a built in swimming pool. The house is 1,173 square feet in size and rests on a 13,499 square foot lot.(see pictures).

For those not familiar with the area, Lake Havasu City sits on the banks of the Colorado River at Thompson Bay just accross the California state line.

Home to the world famous London Bridge, Lake Havasu is a paradise for water lovers and desert lovers alike.

The tax certificate being auctioned is Mohave County Certificate # 2008000493

Parcel # 112-07-195

Face Vale $23.96

 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 $225.00 documentation/transfer fee. Therefore your total cost will be your bid plus $225.00

Thank you and good luck bidding