Chicago and Lincoln Park real estate and homes for sale in Illinois - Tod Pratt, REALTOR® Tod Pratt REALTOR(r) for Lincoln Park, Illinois real estate - NUMBER1EXPERT™ Tod Pratt NUMBER1EXPERT(tm) for Lincoln Park, Illinois real estate

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Tod Pratt, REALTORŪ, real estate agent and broker for Chicago and Lincoln Park Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)
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For Buyers: Chicago and Lincoln Park Illinois home buying, real estate listings, and homes for sale in Cook County, IL
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Real Estate Tips
First Time Buyers >Inspection Contingencies

Many of today's purchase offers include a contingency clause that allows the buyers to hire a home inspector or professional expert to inspect the property. If there is a significant defect in the property, the buyer can cancel the contract without losing the earnest money deposit. Contingencies are excellent procedures that protects both the buyer and the seller.

The time period for inspection contingencies is negotiable. In most parts of the country, the buyers have about a week in which to cancel the contract if the structural inspection reveals a serious and consequential defect. The positive side to such contingencies is that the inspection usually addresses--and overcomes--the buyers' misgivings, and confirms their decision to move ahead with the purchase.

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Real Estate Trivia
Q 
What city boasts eight of the world's ten biggest hotels?

A 
Las Vegas has eight of the largest resort hotels; the latest and most extravagant is the $2.7 billion, 2,716-room Wynn Las Vegas.
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Tod Pratt, REALTORŪ, real estate agent and broker for Chicago and Lincoln Park Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Tod Pratt
Koenig& Strey

1940 North Clark Street
Chicago, IL 60614
312-475-4185
773-744-4433
Fax: 312-943-6500
tod@yourhomeinchicago.com

Tod has been successfully selling residential real estate full time for the past 16 years. Since the beginning of his real estate career, Tod has believed that good listening and communication skills are his keys in assisting his clients toward the successful search, purchase, and closing of their new home. In this service-oriented business, giving clients the timely, appropriate advice they need is what Tod strives to deliver to every client. In 1990 Tod received the GRI designation (Graduate Realtors Institute), and in 1994, the CRS designation (Certified Residential Specialist). Being the recipient of these designations shows Tod's professional commitment to his industry, and more importantly, to his clients. Tod has had much experience in assisting relocating corporate clients into their new city and home. Tod has been a recommended realtor of Johnson & Johnson, Bristol-Myers Squibb, Jannsen Pharmaceutical, along with many others. Tod specializes in the sale of the following downtown areas of Chicago: Lincoln Park, Gold Coast, The 'Loop', River North, River West, Wrigleyville, and Lakeview. Give Tod a call today and let him use his experience to help you find 'your home in Chicago'.

CRSEqual HousingGRI


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