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At Lake Forest - All Lake Forest Properties for Sale

Lake Forest Real Estate for Sale | Homes-Condos-Lofts-Apts - @properties

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    Who Pays for What?

    wdt_ID SALE PRICE TYPICAL COST WHO PAYS?
    1 COMMISSION 6% of PURCHASE PRICE SELLER
    2 APPRAISAL $250-$500 BUYER
    3 CREDIT REPORT $30-$75 PER BORROWER BUYER
    4 INSPECTION FEE $350+/VISIT BUYER
    5 LENDER-DIRECT UNDERWRITING FEE $750-$1,000 BUYER
    6 PROCESSING FEE $150 BUYER
    7 FLOOD CERTIFICATE $50-$100 BUYER
    8 TAX SERVICE $85-$200 BUYER
    9 ATTORNEY FEE $600-$1,000+ BOTH
    10 SETTLEMENT CLOSING $250-$1,000 BUYER
    11 TITLE INSURANCE (BUYER) $250-$1,000 BUYER
    12 TITLE INSURANCE (SELLER) $300-$2,000 SELLER
    13 RECORDING FEE $75-$250 BOTH
    14 STATE TRANSFER TAX $1.50 PER $1,000 SELLER
    15 COUNTY/CITY TRANSFER TAX $3.00 PER $1,000 SELLER
    16 CHICAGO CITY TRANSFER TAX* $7.50 PER $1,000 BUYER
    17 SURVEY $500 - $1,000 SELLER
    18 INTEREST PER DAY LOAN AMOUNT X RATE/365 BUYER
    19 ESCROW TAXES 1-5 MOS. (IF APPLICABLE) BUYER
    20 ESCROW INSURANCE 1-5 MOS. (IF APPLICABLE) BUYER
    21 TAX PRORATION 105-110% OF LAST TAX BILL SELLER

    TAX PRORATION SELLER ESTIMATED CLOSING COSTS COURTESY OF PROPER RATE®. Prices subject to change. Actual costs vary per lender, loan amount, property type and other factors.

    *Property transfer taxes vary per local jurisdiction or township. Please consult your real estate attorney to obtain the best possible estimate for taxes and other closing costs.

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    @properties Lake Forest

    Understanding Lake Forest

    ” Lake Forest offers a perfect mix of history, luxury, and natural beauty. High on the bluffs overlooking Lake Michigan, residents love the City’s pristine beaches, top-rated education, and winding roads tracing natural ravines and cliffs. Residents enjoy a quaint downtown district, an exceptional parks system, and buildings and landscapes designed by some of the greatest architects of the 20th century. The North Shore community is located 30 miles north of The Loop, with the commute to Chicago made easy by a Metra station and the Skokie Highway.

    Lake Forest was first settled as a farming community in 1836. Greater development came to the area in 1857 with the construction of the Chicago and Milwaukee Railroad tracks (now used by Metra). Now with access to Chicago, the area was selected for a quiet, bucolic retreat by a number of the city’s rich and famous…”  More…

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    Carrie Madej | ChicagoHome Brokerage Network at @properties
    Carrie Madej, Broker

    847-431-7300
    Carrie@ChicagoHome.com

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