Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ought-six

“There are many counties, cities, towns and villages in Illinois that hit home sellers with a tax or penalty if they do not buy another house within the same political subdivision. In my town, if I sell my house and do not buy another one in the same town I will get hit.”

How can you “get hit,” if you’ve already left?


31 posted on 01/03/2018 10:40:32 AM PST by vette6387
[ Post Reply | Private Reply | To 17 | View Replies ]


To: vette6387

The amount is held in escrow, and you get it when you close on your new house or move into the new residence.


33 posted on 01/03/2018 1:39:27 PM PST by ought-six (Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson