Closing Chicago Real Estate

I have a residential closing tomorrow afternoon and just got a fax from the Seller’s attorney with his closing statement (which is somewhat standard) but he also included a page where he shows specifically how he calculated the real estate tax proration credit (often 105% or 110% of the last full year’s taxes). I like the gesture…it saves me some time and takes the guesswork out. It’s not a huge thing if I don’t see the math but then I’d have to pull a property tax bill, look at the contract, and get out a calculator.

Always striving for the perfect transaction…maybe tomorrow afternoon? 30 minutes with no snafoos?

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Comments (2) Jun 24 2009