Tax Lien and Tax Deed

Tax Lien and Tax Deed

Plainfield, IL · Member since 2016 · 1 post · 0 votes

I am seeking some advice on tax delinquent properties. First is how do I obtain a tax delinquent list. Second Who do I contact to buy and how. Any answers are appreciated 

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Attorney · Chicago, IL · Member since 2015 · 142 posts · 79 votes
9y

In which county are you seeking to buy tax liens? Cook  County has three types of tax sales: annual tax sales take place every summer, scavenger sales (3 or more years delinquent) starting in December of odd-numbered years and then over the counter sales which can happen at any time. The other counties generally only have annual sales that start in the fall. The best place to start is the county clerk of the county in which you are seeking to invest. If you want more information send me a PM and I will send you materials about tax sales throughout Illinois. I give  seminars about Illinois tax sales a few times a year at bar associations, investment groups, etc.  Thanks and good luck!

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  • Real Estate Agent · Arlington, VA · Member since 2016 · 7 posts · 1 vote
    9y
    Hey Jeremiah Which location are you in?
  • Real Estate Agent · Arlington, VA · Member since 2016 · 7 posts · 1 vote
    9y
    Never mind, saw Illinois. Try your county or the county you want to invest in. Some have OTC (over the counter) deeds that's didn't sell at auction. A lot of the auctions are also online now and you just need to find out how your county advertises the list and how far in advance of the auction list it's published.
  • Real Estate Consultant · Brookfield, WI · Member since 2014 · 873 posts · 350 votes
    9y

    Jeremiah,

    I know IL has them in certain counties. Now go to a search engine and search ILTaxSale that should help you get started and continue your search from that point. There are other states that do variations of one or the other or both. Check the various county websites and don't be afraid to ask those clerks questions.

    Thanks,

    MH

  • Specialist · Los Angeles, CA · Member since 2016 · 221 posts · 58 votes
    9y
    There are tax lien states and there are tax deed states. Google Tax Lien Lady's State Guide to Tax Lein and Tax Deed Investing.
  • Attorney · Chicago, IL · Member since 2015 · 142 posts · 79 votes
    9y

    In which county are you seeking to buy tax liens? Cook  County has three types of tax sales: annual tax sales take place every summer, scavenger sales (3 or more years delinquent) starting in December of odd-numbered years and then over the counter sales which can happen at any time. The other counties generally only have annual sales that start in the fall. The best place to start is the county clerk of the county in which you are seeking to invest. If you want more information send me a PM and I will send you materials about tax sales throughout Illinois. I give  seminars about Illinois tax sales a few times a year at bar associations, investment groups, etc.  Thanks and good luck!

  • Investor · Chicago, IL · Member since 2016 · 30 posts · 8 votes
    9y
    Emmett McCarthy I don't see a contact button from the BP app. Can you give me information on an upcoming seminar?
  • Attorney · Chicago, IL · Member since 2015 · 142 posts · 79 votes
    9y

    I don't have any upcoming seminars scheduled. The most likely one will be the Chicago Bar Association in January or February 2017. If you belong to an investors group or association and are looking for a speaker, let me know and maybe we can work something out. 

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