TAX FORFEITED REAL ESTATE
TAX FORFEITED REAL ESTATE
What happens in the State of Arkansas when property owners fail to pay their taxes?
Property taxes are due and payable between the first Monday in February and October 10th of each year. After October 11th taxes become delinquent and penalties are added. During the next two years property owners may redeem their property at the Office of the County Tax Collector. If the property is not redeemed within the next two years, Arkansas Statute 84-1126 requires the County Tax Collector to certify the property to the office of the Land Commissioner. Thereafter the property can be redeemed only by the owner of record or his agent and it must be redeemed from the office of the Land Commissioner.
Arkansas has a total of 75 counties; however, all tax sales in Arkansas are conducted by the office of the Commissioner of State Lands.
These jealously guarded secrets revealed by an expert with over 40 years experience in this incredible and exciting business.
SOME TYPICAL SUCCESS STORIES
Robert, in Phoenix, Arizona, just acquired 3 properties which consisted of 2 vacant lots and a small home. He paid $50.00 for each from the delinquent property owner who had no intention of redeeming, using one of the techniques in our manuals.
Paul in California, acquired a home worth about $60,000 for less than $5,000 prior to the tax sale, using one of the techniques in our manuals.
Jesse, in Texas, just acquired a home on a golf course worth about $110,000 for a little over $7,000 total. He did not have to go to the Auction and compete. He used one of the techniques which we have developed over the years and is revealed in our manuals.
Another couple in Northern California have acquired several properties for $100 from the delinquent property owner prior to the tax sale.
John, in Oklahoma acquired a nice two bedroom home for less then $2500 even after paying all the taxes and fixing it up for resale. He used one of the techniques in our manuals.
Rudy, from California, recently acquired a very valuable lot in Little Rock, Arkansas, for a little over $200, using one of our techniques. He is having a Realtor sell the property for him.
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Average size of these documents is 80 pages formatted for your favorite word processor.. These are not simple reports; they are comprehensive for each state.
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