by laurenjacksonlaw | Nov 10, 2018 | Real Estate, real estate closing, selling a home, Transfer Stamp
Many cities and villages in Chicagoland and throughout Illinois require you to obtain a real estate transfer stamp before you can complete the sale of your property. If one is required, title companies will not complete the transaction unless a transfer stamp is...
by laurenjacksonlaw | Aug 29, 2018 | buying a home, Real Estate, real estate closing, selling a home
If you are selling a house, what exactly happens the day of the closing? First, the buyer will need to accomplish a final walk-through of the property. Before this can happen, all of your possessions must be out of the house. The buyer and their realtor will then...
by laurenjacksonlaw | Jun 24, 2018 | buying a home, Real Estate, real estate closing, selling a home, Uncategorized
When you are selling your home (or any type of property for that matter) sellers are always curious what their closing costs are going to run. Sometimes the costs can make the difference as to whether you get money back or have to bring money to the closing. A lot of...
by laurenjacksonlaw | Jun 6, 2018 | buying a home, Real Estate, selling a home, Survey
In the state of Illinois, if you own a single family home or a townhouse with its own lot number, and you are selling your property, your real estate contract will require you to provide a survey to your buyer dated within the last six months. If you have bought the...
by laurenjacksonlaw | Apr 17, 2018 | buying a home, Real Estate, real estate closing, Real Estate Inspection
If you are in the process of buying a home or piece of property, one thing I advise my clients to do as soon as the ink on the contract is dry is to set up an inspection of the property performed by a certified home inspector. A lot of individuals think they can have...
by laurenjacksonlaw | Apr 3, 2018 | buying a home, mortgage, Real Estate, real estate closing, selling a home
As a real estate attorney, I have seen every reason or excuse as to why a buyer can’t close on time and requests an extension of the closing date. The most common reason being that the buyer’s lender is not ready with the loan approval, due to a plethora of reasons,...
Recent Comments