Common seller costs
- Real estate brokerage compensation (negotiable).
- Attorney fees.
- Title insurance and settlement fees.
- Illinois state and county transfer taxes; check for any municipal transfer tax.
- Payoff of mortgage and any liens.
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Property tax prorations
Illinois property taxes are paid a year in arrears, so sellers typically credit buyers for taxes accrued but not yet billed. This can be a meaningful number in Naperville.
Estimate your net
Ingrid can prepare a seller net sheet. See the home selling process and seller's guide.
Explore more in the selling guide.
