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

Oak Park


 

  • No Inspection under 4-units.  See website for over 4-Units.
  • Contact Finance Department-708/358-5478 to obtain a history transaction journal for any outstanding water/sewer/liens on property.  E-mail all supporting documentation to HUD’s Field Service Manager to obtain approval prior to closing.
  • Contact Finance Department for final water reading prior to closing.  All utilities must be paid prior to closing.
  • Transfer Stamp=Seller-(HUD exempt)
  • Buyers Closing Agent to obtain HUD’s exempt stamp for closing. 
  • The following paperwork needed for Stamp:
    • Oak Park Real Estate Transfer Form
    • P-Tax Form
    • Warranty Deed.
    • Stamp Fee-$8.00/$1,000.00
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