Have a Tax Question? Ask a Tax Expert
Hello and thank you for using Just Answer.If you have verified that the payments were not made to the county and you did not have an escrow account with the lender, then you need to pay the taxes as soon as possible.
Under Illinois law, property tax delinquencies may be sold at tax sale. If a delinquency remains unpaid and is sold at tax sale, the tax purchaser will hold a lien on the property. Removing such a lien will add hundreds, even thousands of dollars to the amount now due. Failure to pay (or "redeem") following a sale may ultimately lead to a loss of the property.
The Treasurer's Office mails delinquency notices to taxpayers. These include a final pre-tax-sale notice by certified mail to the taxpayer of record.
Under Illinois law, the penalty for late payments is 1.5% per month.
Be sure to refer to the schedule on the front of the tax bill to send only the one correct amount based on when you pay in person or based on the U.S.P.S. postmark if submitting payment by mail. Partial payments are not allowed.I sincerely XXXXX XXXXX information is helpful,
The taxes were suppose to be included in my payment because it was a goverment loan and from what the bank told me they had to excrow the taxes. So after the first year of living in the house i receive the tax notice of payment for $8000.00. I understand I should have looked at this closer but I was just curious if there was anything i could do. With that is my only option paying the full amout? I did notice that my morgage payment is higher now which tells me the taxes are escrowed. If you have any advice with this said please let me know.
If you have not checked with your mortgage company to insure that they have paid these do so immediately. Even if the lender paid the taxes you will receive a notice as duplicate.Illinois advises the following:
There are several reasons you should receive your tax bill: