Due to Covid19’s social distancing and large gathering guidelines, we will be utilizing the new R.A.M.S. 2 Tax Sale Process. Click Here for information regarding this process. Further questions or information contact Joseph E. Meyer & Associates (618) 656-5744.
It is vitally important that first time tax buyers read the Illinois Compiled Statutes, Chapter 35, Act 200, Article 21, Division 4. Annual Tax Sale Procedures or visit the Illinois General Assembly web page for Tax Sale information. Knowledge regarding procedures and statutory requirements is the tax buyer’s responsibility.
Complete and submit the Tax Buyer Registration Form and a W-9 Form online. You must submit a $500.00 deposit, cash or check made payable to “Will County Treasurer” to our office. All buyers must also include a separate check made payable to the Will County Treasurer in the amount of $150.00 for the Delinquent Tax Sale List; this fee is non-refundable. Upon completing this application and making payment to the Will County Treasurer, Joseph E. Meyer & Associates, Inc. will email the digital file every Wednesday beginning November 18, 2020. The deadline for valid registration is November 23, 2020; both the completed registration form and the $500.00 deposit must be in our office by 4:30 p.m. on November 23, 2020.
Those registrants that do not notify the tax collector at least five (5) business days prior to the tax sale, or do not show up at the actual sale, will forfeit the $500.00 deposit.
A blank check must be submitted to the Treasurer’s Office cashier before bidding at the sale. After sale is completed, the Treasurer’s Office staff will complete the check in the amount of purchase and a final purchase list will be emailed.
Bidding starts at an interest rate of 18%, and tax liens are sold to the first lowest bidder. Any parcel not bid upon by a registered tax buyer will be purchased at 18% by the Will County as Trustee. After the Tax Sale, these certificates can be purchased from the Will County Trustee. Some parcels from the Delinquent Parcel List may not be offered at the sale for any of the following reasons: paid by owner, bankruptcy, forfeiture, exempt, foreclosure, court orders, or other reasons required by law.
All checks received at the Tax Sale will be deposited by the Will County Treasurer. If the deposit exceeds the amount purchased, the refund will be made after the sale has been completed and balanced. Several weeks after the tax sale, a Sale’s Certificate will be issued by the Will County Clerk in the name of the registered tax buyer for each parcel/PIN purchased. This Sale’s Certificate represents a lien against the property. Please contact the Will County Clerk’s Office at (815) 724-1880 with any questions regarding your certificates.