File No. IL-2024-0392
Written offer summary
Sample document fields
- Buyer
- Direct purchase
- Price
- $132,500
- Arrears paid
- At closing
- Close date
- Seller's choice
Illustrative example — not an actual offer
The process
How it works
Three steps, in plain terms. Nothing is binding until a written agreement is signed by both parties, and there is no fee to a homeowner at any point.
Step 01
Tell us about the property
You send the address, the situation, and anything you think we should know. It takes a couple of minutes and costs nothing. We do not ask for a social security number, a mortgage statement, or any document at this stage.
- No showings, no listing, no sign in the yard
- Occupied, vacant, or partly cleared out is all fine
- You can stop at any point without explanation
Step 02
We verify against county records and make a written offer
We pull the parcel record — tax status, recorded liens, transfer history — and look at recent comparable sales. Then we put a number and the terms in writing, so you have something you can read, keep, and show to an attorney.
- Typically within two business days
- We state plainly whether we are buying, or assigning to a buyer in our network
- An offer is non-binding until both parties sign
Step 03
You choose the close date
Accept, counter, or decline. If you accept, you pick the closing date. Closings run through a licensed Illinois title company, and outstanding taxes or liens are settled out of the proceeds at closing.
- Title company handles the funds
- Arrears and liens paid at closing
- You keep the right to walk away in writing
What the offer looks like
Every offer arrives as a written document with the purchase price, who the buyer is, what is paid at closing, and the date. Ledger & Lot works in Kane, Kendall, DuPage counties. We are not a licensed Illinois real estate broker or agent, and this is not legal, financial, or foreclosure-counseling advice.
Start the intake form