Tax Liens Sales

Where can I purchase Cook County Illinois tax certificates or tax liens available for resale?

I am interested in purchasing property tax certificates in Cook County Illinois. I did not attend the tax sale auction, since I heard that there is too much competition that drives the interest rate to 0%, so I would like to buy a certificate in the secondary market or over the counter. I know that tax certificates are a good investment and tax buyers are very secretive and uncooperative to competition. Is there anybody that resells tax certificate in Chicago or Cook County? I am looking for certificates that will probably not be redeemed, so I can file a tax deed petition on them. Thanks much for your answers.

Public Comments

1. You are right, the competition has been increasing over the last years, and large funds are buying up the certificates on delinquent property taxes at 0% hoping that the owner will not pay and they will be able to foreclose on them. The only company that offers tax certificates in Cook County IL is http://www.taxresales.com . They also offer real estate information report about foreclosures and other leads. I get their tax deed report, and that report shows that about 300 properties per month are sold via a tax deed, meaning tax buyers have foreclosed on them. I have bought properties from tax buyers and a pretty good discount, but now I am purchasing tax certificates myself. They used to have the lists online, but now it seems like it is under construction. Also, you need to request a price, and the delivery for the certificate is about 40-60 days, because I believe this company is also brokering certificates from other buyers.