But that's not always so, with some auctions attracting buyers who pay. The typical image of a foreclosure auction involves a seized house being sold for, at best, the remaining value of the mortgage. moreĬounty Tells Foreclosed-Upon Homeowners: We May Have Some Money For You The Criminal Division is located inside the Leighton Criminal Courthouse. The money comes from foreclosed properties that are sold for more than what the owner owed to 2650 South California Ave., 5th Floor Room 526, Chicago, IL 60608. Nearly 2000 property owners in Cook County are owed a share of a $16 million mortgage foreclosure surplus fund. ![]() ![]() moreĬook County Owes Foreclosed Homeowners $16 Million With the Cook County Clerk of the Circuit Court. Two years after unveiling a search engine for former property owners to determine ifįoreclosure surplus funds due them, $16 million sits in an interest-bearing account reaching out to those due money after property foreclosureĪugust 25, 2011|By Mary Ellen Podmolik | Tribune reporter January 1, 2003) having been superseded by the Supreme Court of Illinois Remote Access Policy (eff. The Illinois Supreme Court’s Electronic Access Policy for Circuit Court Records of the Illinois Courts (eff. The rightful owners - namely home and business owners who lost their property IN THE CIRCUIT COURT OF COOK COUNTY, ILLINOIS. ![]() hold $16M in fund waiting to be claimedĪbout $16 million is sitting in a Cook County court fund, just waiting for
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