Foreclosure Sale442 W Jackson StBelvidere, IL 61008, Boone County
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In Illinois, foreclosure sales can take place either live or online. There is no difference in the types of Properties offered at these auctions. All are at the same stage in the foreclosure process. In both sales, the Property is either sold to a third-party bidder or reverts to the Plaintiff (Bank or Lender).
For the most accurate and up-to-date details, refer to the Foreclosure Sale Notice, or visit our website at www.auction.com Or call our office directly at (872) 321-1274
Typically, no. Many Properties will be sold “as is, where is,” with all faults and limitations. All prospective bidders are encouraged to conduct their own due diligence and investigate all matters relating to the Properties that they are interested in purchasing. It is recommended that you seek independent advice to perform your due diligence and to fully understand the foreclosure process and foreclosure sales in general prior to the sale. Doing your homework pays off! Some Properties may have information provided by Auction.com on the Property details page. It is your responsibility to do a title search and seek any needed advice from counsel prior to the sale.
No, as these Properties can be occupied, prospective bidders may not trespass on the Property, disturb the occupants or contact the borrowers to obtain information about the Property. However, detailed Property information for some Properties may be available for informational purposes only on the Property details page at Auction.com
Live in-person Auction: Bidder must provide a Cashier’s Check or Certified Check for 20% of your highest intended bid, made out to Auction.com, LLC. The remaining amount must be received in 24 hours from sales time.
Online Auction: After the closing of sale, a representative from Auction.com will contact you to finalize all paperwork and provide instructions for transferring funds, which must be received within 24 hours of the sale.
Yes, in Illinois, the deed will be prepared and mailed within 10 days of receiving the court’s order approving the sale. Based on the judge’s docket and the county, the court order approving sale typically takes 30 to 90 days from the sale date
