12 Apr How long does it take if the investor in a Tax Lien Certificate can actually foreclose on the property?
Each state has different rules which change over time. But as an orientation usually the time frames are 2-5 years, again depending on the state. In Arizona the time frame is 3 years worth of Tax lien Certificates, which means since the auction in usually in Late January or early February and the next year’s taxes can be purchase as soon as June 1st, an investor has to wait less than 2.5 years. In Other states it is 2 years yet others require the investors to wait 5 years. Usually there is also a ceiling to the time you can wait to foreclose, in Arizona this is 10 years in other states it can be higher.
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