In our area, (Chicagoland), the earnest money is typically held by the listing agent's agency. But if the buyer and sell ... more
In most cases, a purchaser will retain the contractual right to terminate a contract during an "option" or "feasibility" peri ... more
You could buy the property in a Trust or in a Corporate Entity (LLC, etc.). Consult a local real estate attorney who can guide you down the right road.
I wish I had a solution....... ... more
Piney Glen Farms is an area just off of Piney Glen Road north of Glen Road of custom, single family homes that sell for $1M-$2M and over. There are about 77 homes here on lots ... more
I believe that you've answered your question. Your mortgage company will require that you get one or the other. The location drawing is the cheaper of the two. You'll ... more