Once an assignment is made, all rights and responsibilities are that of the assignee's. The County of Lake, as tax purchaser, does acquire property through the tax deed procedure. Once the property is acquired, the County sells the property on a bid system. Bids are accepted for 30 days from the day we receive the first bid. After the 30 days has elapsed all the bids will be reviewed.
All necessary research is the responsibility of the potential buyer.
If the bids are acceptable, the highest bidder will be granted a quit claim deed upon receipt of the amount that was bid. Property that the County sells in these procedures will have no delinquent real estate taxes owing. All Tax Buyers must register prior to making any purchases to obtain bidding number. The tax sale list is to be used only for the tax sale and not for solicitation purposes. The County Treasurer reserves the right to deny sale of the list to anyone violating this rule.