ONLINE REGISTRATION DEPOSIT
ACCESS ALL ONLINE PROPERTIES

To help maintain a fair and trusted marketplace, some properties require a refundable registration deposit.

This deposit allows you to register for and bid on multiple properties at once — and signals to sellers that you’re prepared to move forward if you win.

First-time buyers:

If you haven’t completed a purchase through Auction.com before, you may be required to submit a deposit for certain properties.

Your deposit is refundable, but refund timing and eligibility depend on your activity:

• If you don’t win, you can request a refund at any time.
• If your deposit remains in your Wallet for 150 days with no activity, it will be automatically returned to your original payment method.

Repeat buyers:

While deposit requirements vary by property, typically after completing a successful purchase, you won’t need to submit a new deposit for future auctions. However, if you win a property and do not complete the purchase, a new deposit may be required to participate in future auctions.

Exception for select properties:

Some properties require a deposit from all buyers, regardless of purchase history. The required amount will be shown on the Property Detail Page below the “Register to Bid” button. To participate, simply submit the deposit during registration or in advance through your Wallet.

Like all registration deposits, these funds are refundable based on your activity and transaction status.

You can begin participating immediately after completing registration and submitting your deposit. Deposits can be submitted in your Wallet today or during the registration process.

No. One deposit provides access to multiple property transactions requiring a deposit. You can register for up to four property opportunities simultaneously using the same deposit.

You can request a refund of your deposit in the Wallet section. Simply click the ‘Request Refund’ button and follow the instructions. Refund eligibility is determined based on your adherence to our Participation Terms.

Refunds are typically processed within 10 business days after your request, depending on your original payment method. 
There are three ways your bid deposit can be refunded:

• After a successful purchase: If you close on a property, you can request a refund of your deposit shortly after the closing is confirmed.
• After 150 days of inactivity: If your deposit remains in your Wallet for 150 days with no bidding activity and is not tied to an active purchase, it will be automatically refunded.
• Anytime by request: You can request a refund from your Wallet at any time if you do not have any pending bids or a property in contracting or closing.

If your deposit is eligible for a refund, processing can take up to 10 business days depending on the payment method.

If you win a property but do not complete the purchase in accordance with the Participation Terms, your registration deposit may be retained. This helps ensure a fair and reliable marketplace for all participants. To participate in future auctions, you may be required to submit a new deposit. Deposit requirements may vary, and repeated failure to complete purchases may impact your eligibility to participate.

Refunds are typically issued to the original payment method (credit card or debit card) used for the deposit. If the funds have been in your Wallet for more than 180 days, you will need to provide a new credit or debit card for the refund.

No. Deposit funds cannot be applied to earnest money or any other costs associated with a property transaction.

A refundable $5,000 registration deposit is required for eligible Illinois online foreclosure auctions to complete your registration, enable bidding, and to help maintain a fair and trusted marketplace. This registration deposit allows you to register for and bid on multiple properties at once — and signals to sellers that you’re prepared to move forward if you win. 

The required registration deposit is $5,000.
 

Your registration deposit is fully refundable and remains on file in your Wallet until it is applied toward a purchase (if eligible) or you request a refund.
 

To ensure you’re able to bid , submit your registration deposit via wire or hand-delivered check at least two business days before your scheduled auction starts.


This allows time for your deposit to be received and verified before bidding opens. 


You'll be able to bid after your registration deposit has been received and verified. Once verification is complete, you will receive a notice of confirmation and your registration will be activated and bidding will be enabled.

Yes. If you plan to continue participating in eligible Illinois online foreclosure auctions, you can leave your registration deposit on file for future auctions.

As long as you maintain the required registration deposit balance, you won't need to submit another deposit before registering.

If you're the winning bidder, Auction.com will provide instructions for completing your purchase, which is due within 24 hours of the conclusion of the auction.

If eligible, you may request to apply all of your registration deposit toward your purchase.

If you wish to have your registration deposit returned, you can request a refund of your registration deposit from your Wallet if you're not in an active transaction and adhere to the Participation Terms.

No, registration deposits for eligible Illinois online foreclosure auctions cannot be submitted by credit or debit card.

Registration deposits must be submitted using one of the approved funding methods provided during the registration process: wire transfer or hand-delivered check.