Tax Lien Sale

 

None

 

With the R.A.M.S. 2 system, on the day of the sale we will collect the bids for each registered buyer by having them bring a USB Drive to the tax sale with a file that contains their percentage bids for each parcel. Once all bids from all the registered tax buyers are loaded into our system, we will process the sale. Each parcel will be awarded to the lowest bid for a particular parcel. If there are multiple lowest bids, a random lowest bid is selected.
We will require only one file on the USB Drive, being the bid file for a particular registered buyer and County. For those tax buyers that may have multiple separate registrations (if allowed by the Treasurer), we will require a separate USB Drive
for each registered buyer and bidder. We will honor all tax numbers issued last year as existing buyer. However, if you wish to get additional tax buyer numbers, we will treat those as new buyers and require a deposit. Please note, 35 ILCS 200/21-205 states “All bidders are required to personally attend the sale.” We interpret this to mean that the tax buyer
must personally drop off the drive at the time the tax sale begins.