Illinois HUD Home Learning Center christian.chase@mychaseagent.com
Reference

Franklin Park


 

  • Pre-sale Inspection Required-Contact Building Department at 847/671-8245. Pre-sale Application-see website for form
    • Original update Plat of Survey required with application- If a foreclosure property a plate of survey that is 1-year old is acceptable.
    • Original Deed-due 3-days prior to closing.
    • If buyer is assuming responsibility for the violations, a detailed affidavit must be typed, signed, notarized and submitted to this office before closing. All Violations must be corrected 30-days after closing (an extension can be granted once they see progress.)
    • Contact Water Billing Department-847/671-8292 or 671-8252 for a history transaction journal for any outstanding water/sewer/ or liens owed on the property.  E-mail all documentation to HUD’s Field Service Manager to obtain approval prior to closing.
    • Contact Water Billing Department for a Final Water Reading. Must be done at lease 5-days in advance of closing. (If the property does not have Franklin Park water, you must have FINAL PAID RECEIPT from the town in which you pay the water.
      • After these papers are submitted, closing papers will be ready after the 3-day review time.  Upon Buyers Closing Agent pick-up, the final water bill should be paid along with the fee for stamp (See Transfer Stamp fee form) that is affixed to the deed.
    • Transfer Stamp=Pre-Sale Inspection
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