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hey welcome back okay well down here in the state of Illinois right now down here in the state of Illinois so lets talk about the state of Illinois on the tax sale I got some great information for you okay now remember we all know hopefully Illinois is a tax lien state tax lien State okay and basically they will pay you a nine percent interest rate every six months not a year okay every six months but the auction is a bit down interest rate bid down interest rates so whoever will pay the lowest interest rate will win the lien okay its basically how it works there okay now before youre going to be able to start the foreclosure process you better make sure you got a good attorney whos going to be sending out all the notices and other notices have to be sent out also at the very beginning after youve bought the um the lien okay so you got to have a good attorney theyre gonna have to have the title Title Company theyre going to have to file just like a lawsuit that youre gonna have
