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The Contract Buyers League (CBL) was a grassroots organization formed in 1968 by residents of North Lawndale, a Chicago, Illinois community. [1] The CBL was founded in order to address the exploitative practices of predatory land contracts in African American communities. The organization played a significant role in raising awareness about the ...
A buyer who has entered into a contract with a seller who wants to back out should consult a real estate attorney. If the buyer wants to take the case to court, they may have grounds to sue the ...
Key takeaways. Closing on a house is a complex process that involves many steps, multiple documents and several weeks — the average time to close is 47 days. On closing day, final papers are ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
The Illinois Department of Financial and Professional Regulation (IDFPR) is the Illinois state government code department that through its operational components, the Division of Banking, Division of Financial Institutions, Division of Professional Regulation, and Division of Real Estate, oversees the regulation and licensure of banks and financial institutions, real estate businesses and ...
A real estate transfer tax, sometimes called a deed transfer tax or documentary stamp tax, is a one-time tax or fee imposed by a state or local jurisdiction upon the transfer of real property. In ...
An exclusive buyer agent (EBA) (also known as an exclusive buyer broker (EBB)) is a U.S. real estate firm (or an agent or broker who works in such a company) that represents only buyers of real estate. EBA firms never take listings and, therefore, never represent the seller in a real estate transaction. Exclusive buyer agent firms have chosen ...
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
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related to: teids login service log in illinois real estate contract buyer and sellerlawdepot.com has been visited by 100K+ users in the past month
- Free Land Contract
Fully Customizable for Every State.
Takes 5-10 Minutes or Less.
- Land Sale Contract
Used for Owner/Seller Financing.
Real Estate Purchase Agreement.
- Free Land Contract