Where can I purchase Cook County Illinois tax certificates or tax liens available for resale?

Dec 29, 2009 in Questions And Answers

I am interested in purchasing property tax certificates in Cook County Illinois. I did not attend the tax sale auction, since I heard that there is too much competition that drives the interest rate to 0%, so I would like to buy a certificate in the secondary market or over the counter. I know that tax certificates are a good investment and tax buyers are very secretive and uncooperative to competition. Is there anybody that resells tax certificate in Chicago or Cook County? I am looking for certificates that will probably not be redeemed, so I can file a tax deed petition on them. Thanks much for your answers.

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would this investment plan work it possible blease only answer if know what your talking about?

Jul 11, 2009 in Questions And Answers

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Land contract question?

Jun 24, 2009 in Questions And Answers

I am singing on a land contract tuesday (11/7/06). My realestate agent said I should not reqest the deed be put in escrow because the taxes will double. He said instead we should only registar it with the township and keep it in a lock box and if any thing should happen to the sellers before we re-fi we would need to persent it to the registars office to prove we have invested in the property. Is this right and will it protect us? The home is an estate owned by an older brother and sister. I am afraid if they should pass before we finace the house threw a bank could their childeren try to claim the propety if the deed is not in escrow? We are going with a land contract because they offered us a much better interest rate then the bank (4% opposed to 8.7%). Any advice would be appreciated.

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