Forum : Tax liens - what is the lowest interest rate in the bid down auctions?

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Tax liens – what is the lowest interest rate in the bid down auctions?

UserPost

6:00 am
April 15, 2009


dimmyMT

Guest

1

I just want to know how low can the bid go?

10:02 am
April 15, 2009


Josh

Member

posts 158

2

I think it can go down to 1% in Arizona.

10:03 am
April 15, 2009


jozzy111

Member

posts 131

3

And in Florida it can go down to 0.25% (although they quarantine 5% minimum return) – that's like investing 10 000 and getting back 10 025 at the end of the year – what a deal ;)

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