GENERAL INFORMATION ON MORTGAGE FORECLOSURE SALES
The following is intended to provide some general information
regarding mortgage foreclosure sales and information on how such
foreclosure sales will be conducted by the Adams County
Sheriff’s Office. Anyone wishing to participate in a mortgage
foreclosure sale should seek information regarding the statutes
and case law regarding these matters from their own personal
attorney. This document is not intended to nor should it be
relied upon by any individual as a full explanation and
enumeration of one’s legal rights, responsibilities, duties or
obligations. PLEASE CONSULT YOUR OWN ATTORNEY.
In the State of Illinois, foreclosures must be published in the
newspaper in the county where the foreclosed property is
located. Notices are published for 3 weeks with the last
publication frequently being, but not required to be, the week
prior to the scheduled sale date. Legal notices are sometimes
canceled by the lender/lender’s attorney during the publication
period and sometimes sales are canceled between the time of the
last publication and the actual sale.
Sheriff’s sales are scheduled by the lender/lender’s attorney,
not the Sheriff’s Office. A current listing of scheduled sales
is available on this website. The list is updated, as changes
are known by the Sheriff’s Office and is subject to change at
any time. Bidders should be aware that on the day of the sale,
sales are sometimes adjourned or canceled from the original sale
date as published. If this occurs, the Sheriff’s website will be
updated with the new sale date as soon as possible.
The successful purchaser has the sole responsibility and expense
of any kind of taxes, special assessments, or liens without
representation as to the quality of the title and without
recourse to the Adams County Sheriff’s Office. The property is
purchased in “as is” condition. The sale is also further subject
to confirmation by the Court.
The successful purchaser has the sole responsibility/expense of
evicting any tenants or other individuals presently in
possession of the subject property.
The terms and conditions of the sale will be included in the
newspaper posting. Each sale may have different terms.
Typically, 25% by certified funds is due at the conclusion of
the sale and the remaining balance is due within 24 hours.
The Sheriff’s Office will NOT know the starting bid prior to the
start of the scheduled sale date. The lender/lender’s attorney
provides the starting bid. In most cases, the minimum bid for
each property is higher than the amount listed in the legal
notice. The debt listed in the legal notice is the amount that
is due as of the date of the notice. Interest and various other
costs may be added to that amount to form the minimum bid on the
There are many ramifications involved when dealing with mortgage
foreclosures sales. Each bidder is strongly advised to obtain
legal advice about his/her rights and responsibilities from an
attorney who is familiar with real estate law, and in
particular, with mortgage foreclosures. A very thorough search
of the title of the property you are interested in should be
made. Staff and members of the Adams County Sheriff’s Office are
not attorneys and cannot and will not provide legal advice. Any
questions about redemption rights, liens or any other
information regarding the legal aspect of the foreclosure sale
should be obtained from a trained professional. Most bidders are
investing a great deal of money on the foreclosed property, and
it is reasonable and prudent for anyone investing such monies to
obtain competent advice.
COMPLETION OF SALE:
Once the sale is completed, Sheriff’s Deeds are issued and
recorded with the Adams County Recorder of Deeds. These
documents are a matter of public record and anyone seeking
information about a recorded Sheriff’s Deed can do so at the
Recorder of Deeds Office, located in the Courthouse at 521
Vermont St., Quincy, IL. Redemption of foreclosed properties are
handled through the attorney handling the foreclosure for the
All available information on the properties is maintained in the
court folder held by the Adams County Circuit Clerk’s Office.
Interested parties, may request the folder by file number, at
the Courthouse, located at 521 Vermont St., Quincy, IL.
Current listings are
available on the Adams County Sheriff's website or by clicking