Real Estate Q & A

Q.   We are thinking about selling our house, but I have heard there are a lot of fees involved.  Our cash is in the equity of our house and we won't have money to pay fees until it is sold.  What can we do?

A.   This is a common question.  There are several fees involved in the sale of a house.  These fees are usually paid out of the proceeds of the sale at closing.  There are the title insurance, survey, attorney, Realtor commission, real estate taxes and misc. charges your mortgage company may have.
       The title company usually prepares a statement including all of the expenses to be paid by the buyer and seller.  Then they make checks to be paid at the closing.
       Some of the things that you might need to pay outside closing would be any repairs that you agree to take care of from the home inspection, occupancy permits if your village requires them and your outstanding utility bills.
                 
                  "Houses Big and Small, I Sell Them All"

If you have a real estate related quesiton you can contact me at fdarr1017@aol.com or call 847-370-7653
Florene Darr
Century 21 Market Place, Ltd.
700 N. Lake , Mundelein, IL.  60060