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Updated over 4 years ago,

User Stats

108
Posts
94
Votes
Brandon Bruckman
  • Financial Advisor
  • Milwaukee, WI
94
Votes |
108
Posts

Tax lien zero bids in IL

Brandon Bruckman
  • Financial Advisor
  • Milwaukee, WI
Posted

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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