Ledger & Lot
Brick house with a red front door, representing a home we would visit for a direct-owner conversation

The process

How selling directly to Ledger & Lot 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.

Process map

What happens after you reach out

A typical direct sale, day by day. You can stop at any stage, in writing.

  1. You send the details

    Day 0

    Address and situation. No documents, no social security number, no showings.

  2. We pull the parcel record

    Day 1

    Tax status, recorded liens, transfer history, and recent comparable sales.

  3. Written offer

    ~2 business days

    Price, terms, who the buyer is, and what is paid at closing — in writing, non-binding.

  4. You decide

    Your timeline

    Accept, counter, or decline. Nothing is binding until both parties sign.

  5. Title company opens escrow

    After signing

    A licensed Illinois title company handles funds and clears title.

  6. Close on your date

    As fast as 7-21 days

    Arrears and liens are settled from the proceeds. You pick the date.

No fee to a homeowner at any point. Timelines vary with title, liens, and occupancy.

  1. 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

  2. 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

  3. 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

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