>When are the catalogs available?
Approximately 30 days before the sale.
>Where are the catalogs available?
Most counties have print versions of the catalogs available at the Treasurer's Office. They are also available for download on this website
(CLICK HERE and then on the county name ).
>How much are the catalogs?
The catalogs range in price from $5 to $25, depending on the county. CLICK HERE and then on the county name to check the price for your county.
>Are catalogs available online?
Yes. CLICK HERE and then on the county name to download a catalog.
>Can I have a catalog delivered?
Some counties will mail a printed catalog. Contact your treasurer to inquire.
>Where is the auction?
Live/Verbal Auctions: CLICK HERE and then on the county name to see the location for the following counties: Vermilion, Sangamon, Peoria, Macon, Franklin, Rock_Island, Macoupin, Marion, St. Clair, Madison, Williamson
Sealed Bid: To find the mailing address for bids:
1) Look on the front page of the catalog for your county and
2) CLICK HERE and then on the auction date .
>What is the bidding process? How do the auctions work?
Each item in the verbal auction has a minimum bid. This dollar amount is listed in the catalog. This will be the starting bid.CLICK HERE and then on the county name to see what the minimum is for your county.
Each item will be called out at a live auction in the order listed in the catalog.
Some items may be listed in the catalog but removed from the sale prior to the auction.
CLICK HERE and then on the county name to see Special Notices for your auction or to get an Absentee Bid Form
CLICK HERE to see sample terms and conditions
Open Bid: you can purchase the existing items at any time for the minimum bid.
Sealed Bid Auctions:
The catalog will state a minimum bid for each item. Your bid must be equal to or greater than the minimum bid. You only have one chance to bid so we suggest you bid the maximum amount you wish to invest in the property. You do not personally appear at the auction site, you simply submit your bid and payment.
Bids received after the deadline will not be accepted.
>What happens to the parcels that do not sell?
The counties keep the parcels in an inventory and will offer them at a later auction. In some counties, the parcels are available for purchase after the auction for a short period of time. Please contact us at (618) 656-5744 or via our contact page for more information.
>How do I pay for the property? Do you pay the night of the sale? If so, when is the balance due? What other fees are involved?
Payment due at auction: The minimum down payment is stated in each catalog and varies by county or 20% of the purchase price, whichever is more.
Balance due: The balance is due in 60 days.
Methods of Payment accepted: Payment can be made by personal check, cash, certified funds or bank card. If paying by personal check, proper identification is required.
Other Fees: The following fees will be added to the bid amount:
Auctioneer�s Fee: 1 to 1.5% of the sales price.
For real estate: Recording Fee: (Varies by county, usually $30-$60)
For mobile homes: Titling Fee: $95
If you use a bank card, a 3% convenience fee.
CLICK HERE for sample terms and conditions
Sealed Bid and Open Bid:
Payment in full is required when submitting your bid. Payment must be made by certified funds or personal check.
CLICK HERE for sample terms and conditions
>What do I need to do after I purchase the property?
You should immediately request a title commitment from a title company, to check for liens on the property.
Title may be affected by defects, such as liens. You are responsible to obtain and pay for any title examination and/or survey. If the search reveals defects that make the title unmarketable, and you provide written evidence of that within 30 days from the date of purchase, you can rescind the sale and receive a refund of all money paid, without interest. All such claims are waived unless presented in this time and manner.
See sample terms and conditions and sample purchase contract for more details.
About 90 days after the purchase price is paid in full, we will have the property transferred into the name on the contract.
>Where is this property located?
The catalog will usually have the exact location of the parcel. If a street address has been assigned we will include that information as well.
>What is the minimum bid?
The minimum bid is different in each county. CLICK HERE and then on your auction date to see what the minimum is for your county.
Is that what taxes are due? No, the past dues taxes have been eliminated.
>How do I get a bid form?(SEALED BID)
You can 1) pull a bid form/purchase contract from the catalog;
2) pick up the form at the Treasurer's Office, or
3) download it here (CLICK HERE and then on the county name).
>Where do I send a sealed bid?
You can find the mailing address for bids:
1)on the front page of the catalog for your county and 2)by clicking on the date of the auction for your county (CLICK HERE and then on your auction date).
>Can I buy property before the auction?(VERBAL AUCTION)
All property sold must go through the verbal auction process. However, you may submit an absentee bid in advance of the auction. This will be entered as a one-time bid the night of the verbal auction. Absentee Bids forms are available online - CLICK HERE and then on your auction date.
> Are there any liens on the property after it is purchased?
We make no promises as to whether there are liens against the property. You are responsible to obtain and pay for any title examination and/or survey. If the search reveals defects that make the title unmarketable, and you provide written evidence of that within 30 days from the date of purchase, you can rescind the sale and receive a refund of all money paid without interest. All such claims are waived unless presented to us in the time and manner above provided.
>Do I have to pay the back taxes?
No. There will be no back taxes on the property. You will incur taxes for next calendar year that will be due and payable the following year.
>Why are you selling this property?
The property is being sold to place the property back on the tax rolls and into the hands of someone who will maintain the property and keep the taxes paid.
>What is the difference between a sealed bid and a verbal (live) auction?
In a live auction you will have an opportunity to bid as often and as much as necessary to acquire the property. In a sealed bid you only have one opportunity to be the high bidder, and you have no idea what anyone else may bid.
>When will I know the results of a sealed bid auction?
We will notify all bidders of the status of their bid by mail approximately 7-10 days after the sealed bid deadline.
>Why aren't mobile homes sold in all counties?
Some counties do not use the Trustee program to collect mobile home taxes.
>When will I receive the deed?
Unless you notify us of the title defect within 30 days, you will receive a deed directly from the Recorder's office approximately 90 days after your final payment.
>Do I have to have a title search done on the property?
Yes, you are responsible for having a title search performed.
Do I have the title search done before or after I win the bid?
The title search is of no value to you unless you are the high bidder. We suggest that if you are the successful bidder, you then contact a title company for a title commitment on the property.
> What if the property is occupied?
It is your responsibility to legally deal with any occupants and other conditions for occupancy. You should seek legal advice prior to taking any steps in this regard.
>When will I be responsible for the taxes? When do I need to start paying the taxes?
The property is sold subject to the next calendar year's taxes. These taxes will be due and payable the following year.