A Treasure HIDDEN IN PLAIN SIGHT: Illinois Tax Liens – Ted Explains

A Treasure HIDDEN IN PLAIN SIGHT: Illinois Tax Liens – Ted Explains

In this video, we’ll provide you with information about tax lien sales in Illinois. We’ll explain what a tax lien is and how it works, and we’ll share some resources with you that you can use to find out more about Illinois tax liens. https://tedthomas.com/ytl-27100/

Video Highlights:
🏦 Tax lien sales in Illinois involve the auctioning of delinquent properties by the treasurer.
📅 The auctions typically take place during the summer months, and each county has its own schedule.
🏠 Property owners have up to 30 months to redeem the tax lien by paying the back taxes and interest.
🤝 Any member of the public can participate in the auction, but registration and financial qualifications are required.
💰 The interest rates offered on tax liens are determined through a bid-down process, with the lowest rate winning the certificate.

Key moments in this episode:
0:00 Intro: Bid Down Process Overview
0:09 Meet Hosts: Sheldon & Ted Thomas
0:19 Q&A: Tax Liens in Illinois Unpacked
0:44 Q1: Tax Lien Sale in Illinois?
1:58 Tax Lien Auction Bidding 101
2:11 Q2: Frequency of Illinois Tax Lien Sales?
3:00 Q3: Post-Sale Property Owner’s Fate
4:41 Dive Into: Redemption Period
5:12 Q4: Eligibility for Illinois Tax Lien Sales?
6:08 Q5: Illinois Tax Lien Interest Rates
7:52 Q6: Costs of Buying Tax Liens?
9:16 Q7: Beginner’s Guide to Tax Lien Auctions
12:04 Closing Thoughts: Tax Lien Investing Essentials
12:39 Get a Free Gift from Ted

Learn more about Ted Thomas

Ted Thomas is America’s Leading Authority on Tax Lien Certificates and Tax Deed Auctions.

Ted Thomas is a Florida-based educator, publisher, and author.

Thomas is a publisher and author of more than 30 books.

His guidebooks on Real Estate have sold in four corners of the world.

Ted is an American Original – teaching people just like you for over 30 years how to buy houses in good neighborhoods for 30% to 50% of their market value.

He teaches how you can sell properties fast for thousands in profit and how you can ‘rinse and repeat’ this process repeatedly – just like his students have – and make your financial dreams a reality.

As an international speaker, Ted has dedicated himself to finding and teaching the best and safest investment strategies.

He teaches how to create wealth with minimum risk with easy-to-learn methods.

Ted’s strategies developed over decades of successful real estate investing can help everyone.

From regular hard-working families to senior citizens to young families and professionals.

After watching his parents work hard their whole life and die almost broke, Thomas decided it was time to dedicate himself to finding an investment strategy that would help senior citizens and young people avoid the humiliation of not having enough money.

Ted chose to teach Tax Lien Certificate and Tax Defaulted Property investing because it is Certain, Predictable, and Secure.

Today, Ted is a specialist in teaching Advanced Tax Lien Certificate and the Tax Defaulted Auction processes and concepts to investors and professionals.

Before investing in tax lien certificates or tax deeds, it is important to seek professional advice from attorneys, financial advisors, and CPAs. Whenever earnings are shown, it should be noted that the earnings reported are likely to be higher than the average student may achieve. Tax-defaulted real estate carries risks, and there is no financial guarantee offered or implied.

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27100 Tax Liens Illinois – DUO – with Sheldon