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HTC News

Tax Info

Underwriting News

 

Cook County 2010 Taxes

The Cook County Treasurer's Office has announced that the first installment for the 2010 taxes will be 55% of the 2009 total taxes, due on APRIL 1, 2011.  This change in the due date is for this installment only.

 

ILAPLD Update

The Anti-Predatory Lending Database Program expanded to three additional counties effective July 1, 2010. The counties affected are Cook, Kane, Peoria & Will.

 

Closing Protection Coverage

The minimum charges for Closing Protection Letters are;

  • No less than $25.00 to all Buyers in conjunction with a Resale transaction.
  • No less than $50.00 to all Sellers in conjunction with a Resale transaction.
  • No less than $25.00 to Each Lender in conjunction with a Resale or Refinance transaction.
  • No less than $50.00 to all Borrowers in a Refinance transaction

 

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