Real Estate offered in MARICOPA, Arizona. Here is the best bargain. This House is offered by a seller located in Virginia. Built around 2006 it is approximately 4066.00 square feet. As of now, highest offer: $60.
Bidding on: Tax Certificate for Arizona House on GOLF COURSE 4066 SQFT Home, built in 2006, $278k, 25 min to Phoenix This Auction is NOT for the sale of the home. This auction is for the tax lien certificate which is a âloanâ to the property owner for the taxes not paid in a particular year. The certificate allows you to foreclose on the home in after a period of time if the property owner does not pay the taxes associated with the cert during time. It does not entitle any access or rights to the home until the proper legal process to foreclose is followed and completed. If the owner pays the taxes or 'redeems', the holder of the certificate will receive the amount of taxes due or the 'face value' of the certificate and the interest earned since it was originally purchased from the county. When the certificate is redeemed the ability to foreclose is terminated. The amount returned is NOT the amount associated with this auction's winning bid. DISCLOSURE: This is a Real Estate Tax Lien Certificate Investment. Prior to Bidding, be certain to read the terms stated in the Buyer/Seller Disclosure and Purchase Procedures located at the bottom of this listing. By bidding on this auction, you are agreeing to those terms. If you do not follow the directions stated below your bid may be canceled. Now is Your Opportunity to Invest in Arizona Real Estate Tax Certificates... Don't Miss Your Chance to Obtain Valuable Real Estate for Pennies on the Dollar! Property Description: This modern home is situated in a golfing community as noted with the orange box above, just south of Phoenix. Home is huge with 4066 Sqft of living space and a garage. Great for getting out of the cold â or year round living. To give you an idea of the neighborhood, a picture of a home on N Desert Park Ct, which is the street behind N. Balboa Dr is listed below. House is the 4th down on the right on Desert Park. This home is actually older and smaller square foot wise than for the house associated with the tax certificate that is up for bid. Again, to be clear this is an example of the homes in the neighborhood, NOT the home associated with the tax certificate you are bidding on. House is surrounded by âThe Dukeâ at Rancho El Dorado (http://www.thedukegolf.com) golf course, which is the centerpiece to the master planned community. Ranked the #1 âBest New Course in Arizonaâ by Travelgolf in 2003, it was designed by David Druzisky. It was also Ranked #1 âPlayer Friendly Course in Phoenix/Scottsdaleâ by Golf Tips Magazine Travel Annual in 2006. Shopping and restaurants are also included in the grand plans of this community. The immediate area around the golf course has its perks. Included are additional pictures of Rancho El Dorado. Tired of piece and quiet? Jump in the car and head to Phoenix to enjoy all that the city has to offer. Property Specs: Tax Certificate for Parcel No. 512-26-03607 County: Pinal, AZ Legal Description: PARCEL 7 AT RANCHO EL DORADO LOT 036 CAB C SLD 187 SEC 15-4S-3E 10126 SQ FT 0.23 AC Classification: Single Family Physical Address: 22075 N. BALBOA DR, MARICOPA , AZ 85238 County Tax Assessed 2009 Value: $278,712.00 Living Area Size: 4066 SQFT Land Size: .23 Acres Built: 2006 Tax Certificate Face Value: $19.05 Tax Certificate Interest Rate: 16% Tax Certificate Year: 2007 Zestimate from Zillow.com: $247,500 Last Sale: $490,848.00 on 2/6/2007 This Auction is Bidding for the Real Estate Tax Lien Certificate only. Bidders MUST Agree to The Buyer/Seller Disclosure at Bottom of Listing, Prior to Bidding! Respectfully, do not bid unless you intend to pay upon winning the Auction. Please read this Buyer/Seller Disclosure Information: 1. Buyer agrees to complete all due diligence and research regarding all Tax Lien Certificate Investing before bidding. Unless you understand Tax Lien Certificate Investing, we suggest that you seek the advice of a Professional. 2. A tax certificate is a loan for the taxes owed to the county given to a delinquent property owner. The certificate includes the right to foreclose on that property after a period of time. Certificate holder also has the right to pay for all subsequent tax liens on the property, if any. If tax lien is redeemed/paid off by the delinquent property owner before that period of time, Buyer will receive the face value of the certificate and the amount of interest that builds every month at a set interest rate. Interest is paid by the delinquent property owner. 3. Please be advised that the Redemption amount is based on the face value of the Tax Lien Certificates and NOT the final bid amount. 4. If after 3 years from date of issue this tax certificate is not redeemed and before 10 years have elapsed, buyer can start the Judicial foreclosure process to own this property for pennies on the dollar. There maybe fees involved for the foreclosure process so check with the county. 5. All measurements and legal information is taken from public records and or tax card. We are not responsible for any inaccurate information. Please perform due diligence and/or seek Professional help when bidding on this listed property. 6. Please note that seller has not visited the property. If possible, Buyer is advised to inspect property prior to bidding on Real Estate Tax Lien Certificate. The photos are not necessarily actual pictures of the parcel. 7. If the tax certificate is redeemed by the delinquent property owner prior to mailing of transfer papers to Winning Bidder and County then seller reserves the right to substitute a Tax Certificate with a property value as determined by the county assessment equal or greater value to Winning Bidder. If there is none available, Seller will refund your final bid amount. 8. Seller has listed everything accurately to the best of their knowledge and requires all buyers do their own Due Diligence BEFORE bidding... Payment Procedures 1. Payment for Buyer's winning bid amount, Plus the $199 Transfer fee (NON-REFUNDABLE), must be made by Paypal. Buyer shall pay for this item within 48 hours from conclusion of auction. So if winning bid was $100, buyer should pay $100 + $199 = $299. 2. Buyer must fill out a County investor form in order to have the tax certificate transferred. THIS MUST BE DONE IN A TIMELY FASHION. We will walk you through this easy process if you don't already have an account. Just let us know when you send your payment. 3. Once Seller has received buyers account number with the county and payment of the bid amount and transfer fee, Seller will initiate transfer. This will include the paying of all necessary fees and notarizations. Copies of the paper work and certified mail receipt for transfer forms sent to the county will be provided to buyer. Certified mail receipt can be used to track the original forms. 4. Please allow up to 3 business days after payment and receipt of buyers account number with the county for transfer of certificate form to be sent to county and copy to Buyer. We will do our best to send out the completed forms within 24 hours of payment and receipt of necessary info. 5. County may or may not send a confirmation to Buyer, however, a call to the County will confirm that said lien has been transferred. Please allow 2 to 3 weeks after sending of transfer forms for the county to complete their work. 6. Listing of these tax liens goes beyond the normal pay structure on EBay so every failed listing costs us money. So please only bid if you are serious about winning the auction. Thank you.