Delinquent Tax Sale Information
The next Boone County tax sale is tentatively scheduled for Thursday, October 25, 2012. This page will be updated when the date is confirmed.
The 2011 Boone County Annual Tax Sale was held on October 27, 2011. Here are the statistics from that sale:
Number of parcels sold: 608
Total value: $1.3 million
Number of buyers: 20
Weighted average rate (excluding trustee) 4.97%
Parcel average rate (excluding trustee) 6.81%
2011 Tax Sale Report – Real Estate
2011 Tax Sale Report – Mobile Homes
Please be aware that when you purchase at the tax sale, you are purchasing a tax lien certificate for the cost of the outstanding taxes, penalties and fees. You are not purchasing property. Purchasing tax lien certificates 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 and where will your next tax sale be held?
The 2012 delinquent tax sale will be held on Thursday, October 25, 2011 at 9:00 am in the County Board room at the Boone County Administration Campus, 1212 Logan Avenue, Belvidere, IL 61008
2. When and where do you advertise for the sale?
Notice of sale, along with a list of delinquent parcels, will be advertised once in the Boone County Journal around October 12, 2012.
3. Can you send me a list of the liens that will be available?
Lists will be available approximately 10 days prior to the sale for a $70 fee. Those who purchase a list will receive an updated version at no charge on the day of the sale.
4. 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 by October 11, 2012 (10 business days prior to the tax sale). Your registration must be accompanied by a $250.00 deposit, which will be applied to your purchases at the sale. It will be refunded if you attend and attempt to bid but do not purchase any taxes. Your deposit will not be refunded if you do not attend and attempt to bid. Click Here for a printable registration form (PDF).
5. What forms of payment do you accept?
We accept cash, personal or business checks, cashier’s checks and money orders. Taxes must be paid immediately after the close of the tax sale.
6. . What happens to the liens that are not sold at the tax sale?
All of the liens are sold at the tax sale. We do not sell tax liens “over the counter” and do not conduct a scavenger sale.
7. Will the tax sale be final?
Yes.
8. Do you have any sales scheduled after the next one coming up?
The tax sale only occurs once per year.
9. 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.
10. Where do I call for redemption information?
For redemption information, please contact the Boone County Clerk’s office, 815-544-3103.
