Many homeowners who sell by owner focus on one major goal: finding a buyer. That is understandable. Without a listing agent, the seller may be handling pricing, photos, showings, buyer questions, and negotiations on their own. Getting someone interested in the property can feel like the biggest hurdle. But in many real estate transactions, the hard part starts after the buyer says yes. Finding a buyer is important. Getting the transaction to closing is a different challenge. A Buyer Is Only the Beginning Once a seller has an interested buyer, the transaction moves into a more detailed phase. The parties need a written contract. The contract may go through attorney…
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The 3 Main Reasons to Appeal Your Cook County Property Tax Assessment
Cook County property tax bills can be frustrating, especially after a reassessment. But a higher tax bill does not automatically mean your property assessment is wrong. Before filing an appeal, the better question is: What is the actual reason the assessment should be reduced? For many Cook County residential property owners, the most common appeal arguments fall into three categories: lack of uniformity, incorrect property characteristics, and overvaluation. 1. Lack of Uniformity A uniformity appeal argues that your property is assessed higher than similar properties. This does not mean simply finding a neighbor with a lower tax bill. A useful comparison usually involves properties that are similar in location, classification,…
