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Treasurer's Office
Frequently Asked Questions
Delinquent Tax Sale Questions & Answers

Please be aware that when you purchase at the tax sale, you are purchasing taxes, not property. Purchasing taxes is a complex legal procedure. It is advised that you contact an attorney, and/or review the Illinois Compiled Statutes prior to participating in a tax sale.

 

1. When will your next tax sale be held? 

  • The delinquent tax sale was held on Tuesday, October 29, 2013. Check Back in 2014!!

 

2. Where is it held and what time does it begin?

  • It was held at the DeKalb County Legislative Center, Gathertorium, 200 N. Main Street, Sycamore, IL 60178 at 9:00 A.M.

 

3. When and where do you advertise for the sale?

  • We advertise in the local newspapers after all second installment payments are posted.

 

4. Can you send me a list of the liens that will be available?

  • Lists are available for a $75.00 prepaid fee. You may send your payment at any time. We will then send you a list when they become available, generally 3-4 weeks after the second installment due date.

 

5. Do I need to register for the sale and is there a fee for this?

  • You are required to have your Tax Buyer Registration form on file in our office, 10 business days prior to the tax sale. For this year's sale, all Tax Buyer Registration forms must be turned into the Treasurer's office by October 15, 2013. Please use our DeKalb County Tax Buyer Registration form, which you can request by calling our office at 815-895-7112. Your registration must be accompanied by a $500.00 deposit which will be applied to your purchases at the sale. It may also be refunded if you attend the sale, but do not purchase any taxes. Your deposit will be forfeited if you do not attend the sale.

 

6. What form of payment do you accept?

  • Certified funds are required for first-time buyers. If you are not a first-time buyer, personal, business or cashier’s checks are accepted. Taxes must be paid immediately after the close of the tax sale.

 

7. What happens to the liens that are not sold at the auction?

  • All of the liens are sold at the tax sale.

 

8. Will the tax sale be final?

  • Yes.

 

9. Do you have any sales scheduled after the next one coming up?

  • The tax sale only occurs once per year. 

 

10. Can I bid without attending (via mail, or a representative)?

  • You or your registered representative must be physically present at the sale to bid. You cannot bid via mail. The sale is conducted in an automated format.

 

11. Can you provide me with a list of property use codes?

  • The Chief County Assessment Office can assist you with property use codes.

 

12. If I end up with a property, does the county handle the foreclosure process?

  • It is the tax buyer’s responsibility to follow the procedures necessary to acquire a deed.

 

13. Will all other liens be cleared from the property as a result of the sale?

  • No, the tax sale does not clear any liens from the property.

 

14. Is a copy of the county and state statutes and rules regarding the tax sale available for purchase?

 

15. Where do I call for redemption information?

  • For redemption information, please contact the DeKalb County Clerk’s office at 815/895-7149..

 

16. How is the tax sale conducted?

  • The tax sale process is computerized using R.A.M.S. (Real-time Auction Management System) Auction software. We ask each tax buyer to visit the R.A.M.S. tutorial at http://www.ramsauctions.com/demo/RAMS%20Tutorial.html prior to the sale date to either learn the format or refresh their memory on how the sale is conducted. The sale is similar to a reverse auction. Registered tax buyers bid a percentage rate with a cap at 18%. The tax buyer accepts the lowest bid wins.