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193
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43
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Robert D.
  • Investor
  • Bartlett, IL
43
Votes |
193
Posts

​City of Chicago code violations penalties vs lis pendens

Robert D.
  • Investor
  • Bartlett, IL
Posted

Let’s say a property goes to court ordered judicial sale and 1st mortgage gets foreclosed. In general anybody who purchases the 1st mortgage should be fine as far as other liens but …lets say there are also 4 court dox recorded under the PIN that represent penalties for code violations. Legally all the city liens such as water or code violations should go away (except for fees for boarding up a property - that's not the case here)…how does it work in reality though ? will city of Chicago release the liens or they will ask you to pay it or else the title will be clouded. City of Chicago was named in the foreclosure suit and since there will be a deficiency after the sale all other creditors/lien holders should go home empty handed …again law and crook county don’t go hand in hand ..so if anybody had experience how those things work in reality I would appreciate feedback

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