New Construction or Resale in the Fox Valley, and How to Decide
A new build and a resale price differently, tax differently and close differently. Here is how to compare the two before you pick a side.
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From the BlogFox Valley Real Estate Insights
Local tips, market updates, and straight answers for St. Charles and Fox Valley homeowners, buyers, and investors. Real advice from your neighbor down the road.
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How to Buy Your Next Home Before You Sell This One
You found the next house and you have not sold this one. Three ways Illinois buyers handle that, and what each one costs you at the closing table.
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The Journal
More From Around the Fox Valley
Real estate moves fast around here. We share what we are seeing in St. Charles, Geneva, Batavia, Elgin, and the rest of Kane County so you can make confident moves.
What a Fox Valley Rental Returns, and How to Check Before You Buy
Cap rate, cash on cash, and the six costs people forget. Plus the Illinois exemption that changes your tax bill the day the house becomes a…
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What It Costs to Buy Your First Home in the Fox Valley
Down payment, closing costs, then the first year of repairs and taxes. Here is what a first home in the Fox Valley takes out of your…
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How to Turn an Illinois EAV Into a Market Value
Your tax bill shows an equalized assessed value, not what your house is worth. Multiply it by three, then check the four things that bend the…
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Property Tax Rates Across Kane County, and What They Do to Your Sale Price
Sellers treat property taxes as the buyer's problem. Your tax rate actually helps set what your house sells for, because buyers shop for a monthly payment…
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Cash Offer vs Traditional Listing: How to Actually Run the Numbers
Sellers compare a cash offer to a list price, see the gap, and stop. That is the wrong comparison, because a list price is not money.…
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The Illinois Seller Disclosure Report, Explained Line by Line
Every Illinois seller fills out the same 24-question disclosure form, and most spend six minutes on it. It is the document most likely to bring a…
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What Sellers in Chicago’s Western Suburbs Really Pay at Closing
Commission is the number every seller knows. It is one of about eighteen line items on an Illinois settlement statement. Here is the full breakdown of…
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The Illinois Tax Proration Credit: The Closing Surprise Nobody Warns Sellers About
Illinois pays property taxes a year behind, so sellers owe the buyer a credit at closing for taxes that have not been billed yet. It often…
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