Illinois/USA: Questions about tax lien. Am I contributing to homelessness?
I'm trying to figure out what is going on here and have only been able to figure out about 75% of it. I'm in Illinois where I understand a person can purchase a tax lien (on delinquent property taxes) at an auction, receive up to 36% interest, and foreclose on the house if the lien isn't paid on after 2.5 years.
So, an acquaintance who rehabs/flips properties called me in to help resell some items that are stored on a property that has a tax lien on it. He hasn't told me that he is the one who owns the lien and/or is foreclosing, but I suspect that is what is going on. He pitched it to me as if he was trying to help this person recoup some losses by reselling the items, framed it as though this person was a victim of Illinois tax law, but I suspect that he wants me to remove the items from the property so that he can complete the foreclosure process.
So, sorry if that is confusing, but I'm trying to get a clear picture of what is going on here. When I visited the house, the person was in very bad health; immobile, obese, on oxygen etc. Totally unable to fend for themselves in any way at all. The place smelled absolutely terrible. What I'm trying to figure out: am I helping to make this person homeless? Will this person lose all equity in their home? What will happen to this person after the house is foreclosed upon?
This all smells unethical to me. Legal? Maybe. I also wonder if I'm inviting some kind of liability by taking this person's possessions off of the property.