There are three (3) key items that a buyer needs to bring with them in order to successfully close a real estate transaction:


They are:


Driver's License or some other form of photo I.D.;


Proof that the property being purchased is insured; typically a binder from the insurance agent reflecting the lender as an additional insured and a paid receipt for the first year's premium; and


Certified or Cashier's check made payable to the title company for the balance of funds needed to close, (if under $50,000.00*).



*NOTE:  IL law requires that if the funds needed to close exceed $50,000.00 that the buyer MUST​ arrange to have the funds wired to the closing location in advance of the closing.


WIRE FRAUD

Don't lose your down payment to a wire fraud scheme.  

Online banking fraud is on the rise.  Do Not rely on e-mailed wiring instructions, rather please contact the person or company you are sending funds to and verify the wiring information.

For more information about how you can protect your money, please check out the video below: