CHICAGOLAND REAL ESTATE BLOG

A blog designed to educate individuals and businesses on the latest real estate trends and information in the Chicagoland area.

Monday, February 24, 2014

Tax Prorations in Illinois

Taxes that have not been billed or paid prior to closing are typically prorated at 110% in Cook County and 105% in the surrounding counties, to be credited to the buyer. 

http://www.199closing.com
Posted by WMZ at 8:18 PM
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      • Condominium Declarations and Bylaws
      • Choosing a Real Estate Attorney
      • Tax Prorations in Illinois
      • Real Estate Closing Costs for Sellers
      • Tax Prorations at Real Estate Closings
      • Real Estate Title Fees Rise
      • Second Financing Date for 6.0 Contract
      • Inspections For "AS-IS" Contract
      • How Are Realtors Compensated for a Closing?
      • Attorney Review Period
      • Beware of Hidden Fees
      • Frozen Pipes Becoming a Major Concern
      • Should I Get a Home Inspection?
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