The O'Neil Property Group Blog

Earnest money in Illinois typically runs 1% to 3% of the price, held in escrow until closing. Here’s who holds it and what happens if a Yorkville deal falls through.

New construction in Yorkville and Montgomery can carry a Special Service Area tax beyond your regular bill. Here’s how SSAs work and what to verify first.

Illinois attorney review gives you 5 business days after acceptance to renegotiate terms, not price. Here’s what Yorkville buyers and sellers need to know.

Yorkville charges no municipal transfer tax. Oswego charges buyers 0.3%. Here’s what Fox Valley buyers and sellers actually owe town by town.

Illinois property taxes are billed a year behind, so every closing statement uses an estimated credit. Here’s how proration works for Yorkville, Oswego, and Montgomery buyers and sellers.