- University Park: www.university-park-il.com/
- Point-of-Sale Inspection Required-Contact Village at 708/235-4818 to complete form and $250.00 fee.
- After, Inspection the Village will submit the inspection report with items to be corrected and escrow amount that the Village will require.
- The Village requires an escrow deposit prior to closing and a $100.00 administrative fee. The Village will accept Credit Cards, Certified check or money order.
- Contact the Village to obtain a history transaction journal for any outstanding water/sewer/liens/parking tickets/municipal fines on property. E-mail all supporting documentation to HUD’s Field Service Manager to obtain approval prior to closing.
- A Final water meter reading is required contact the Village to schedule appointment 5-days prior to closing.
- Transfer Stamp-Seller-Buyers Closing Agent to obtian HUD’s Exempt Stamp-$25.00 for closing.
- The Village requires the following in order to obtain Transfer Stamp:
- Inspection and Escrow deposit is completed.
- Final Water paid
- University Park Transfer Real Estate Tax form
- A copy of the contract
- HUD exempt fee of $25.00
- Transfer Stamp fee is: $1.00/$1,000.00