Tax Lien Interest-Cook County

[Angel Pearson]

After purchasing a tax lien certificate, when will you be required to starting paying taxes on the property going forward?

What happens to the taxes/funds if the land or property was purchased at a previous sale, but the previous rent never redeemed the property?

Lastly, how can you search cases for property owners that have cases on file regarding the property?

[Danita Pegues]

So, in Cook County when you purchase a tax lien certificate the person who is behind on taxes has two years to pay taxes and redeem their property. 

I decided not to go this route because you can’t rehab until the property is deeded to you (if that’s a word).

Lastly, you can find properties that are behind on taxes on the Cook County treasurer’s website and search Annual Tax Sale or Scavenger Sale.