What Sellers Need to Know about Transaction Fees In Illinois, sellers of residential real estate, including single family houses, townhomes, and condos, are responsible for paying certain transaction fees. The transaction fees are typically deducted from the proceeds that the seller receives from the sale. Since the transaction fees impact the bottom line that you will receive at closing, it is important to understand how transaction fees come into play so that there are no surprises at … [Read more...]
Rising Home Prices Are Straining the Real Estate Market
With home prices rising exponentially, the supply of affordable homes has dropped significantly over the years. The scarcity of safe… READ MORE