Ask your Realtor. Maybe he/she can contact other agents who have sold those units in the past. Or, you can also try asking homeowners themselves! I am representing a buyer, who is purchasing a bank owned condo. The bank won't provide any HOA info. I just contacted several homeowners in the area and they were happy to give me the info.... more
Hey Brad. Oak Lawn doesn't have buyer transfer taxes, so your saving money there. I would say that you should have an additional 5% for closing costs. This is more than you will need, but it's always better to have more money than not enough. If you are asking the seller to credit you 2.5% for closing costs, you will need only 2.5% out of your pocket.
Attorney Ranj Mohip is a Chicago real estate attorney. The information in this answer is general information and is not intended as legal advice. Further, answering this question or otherwise contributing as a member of Trulia.com does not create an attorney-client relationship. Remember, consult the best real estate attorney in Chicago or in your respective area.... more