I had gone through the whole list and came up with my estimated value of each property I was interested in, but I assume there is a more formalized calculation of Lien Amount to Property Value to Max Bid? (biggerpockets.com)
I'm not sure what the average lien amount is in DuPage, but where I live (Will County), many of the homes are over $ 10,000 per year in taxes. (biggerpockets.com)
ONLY 12 pages of the contract were left with my parents, none of which contained any of the critical terms such as the lien amount, right of rescission, HUD closing statement, deed of trust, closing costs, and an amendment to my parents trust (created by a clerk of the lender). (elderfinancialterrorism.com)