« Go Inside the Models with HomesPlus | Main | Selling your home? We've found a buyer ... »

Real Estate Transfer Tax Increases April 1st

A reminder if you are selling a home in Chicago ...

Starting April 1st, anybody who sells a home or piece of real estate in the city of Chicago will owe the city more money.

Earlier this month, the Chicago city council approved a measure that requires the seller to pay an additional $3 per $1,000 as part of the real estate transfer tax.

The additional money collected is part of the CTA bailout deal the state legislature passed recently.

To read more on this new measure, click here.

TrackBack

TrackBack URL for this entry:
http://weblogs.cltv.com/cgi-bin/mt/mt-t.cgi/60870

Comments (1)

Anne:

Sounds like this tax increase is only for the City of Chicago. Poor people. I also live in Crook County and no one can afford to live a normal life anymore. Things are getting ridiculous. Maybe they should scrap some plans that aren't really important. Plus, teachers are making plenty of money, plus 3 months vacation and plenty of holidays and getting paid for the entire year. They should stop complaining.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

+ Featured links

Ponds of Naperville: pondsofnaperville.com

Front Street Lofts of Lemont: lemontlofts.com

Illinois Retractable Screens, LTD.: retract1.com

The Bedding Experts: beddingexperts.com

Chicago Tribune Real Estate: chicagotribune.com

Susan Ritter: prupref.com

HBA of Greater Chicago: hbagc.com

Realtor.com: realtor.com

Reinventing Space: julea.com

Sansonetti & Associates: www.sansonettilaw.com

Chicago Bancorp: www.chicagobancorp.com

Cook County Clerk: www.cookcountyclerkofcourt.org

Illinois Landlord Tenant Act: www.chicityclerk.com

Prudential Preferred Properties: www.PruPref.com

Chicago Magazine's Deal Estate: www.ChicagoMag.com



More HomesPlus