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Tax Liens & Mortgage Notes

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Brandon Bruckman
  • Financial Advisor
  • Milwaukee, WI
84
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Tax lien zero bids in IL

Brandon Bruckman
  • Financial Advisor
  • Milwaukee, WI
Posted Jul 31 2020, 06:01

New to tax liens. I’m doing research in IL. I watched the Boone county auction and reviewed the results. I couldn’t figure out why many lots went for zero bid. My first guess was it’s likely they get the house but I thought most liens were paid off before foreclosure.

Anyone understand why there are so many zero bid liens?

Thank you!

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