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Rose Price, REALTORŪ, real estate agent and broker for Champaign and Urbana Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)
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Local Info: Champaign and Urbana Illinois home buying, real estate listings, and homes for sale in Champaign                      County, IL
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About the Champaign and Urbana, Illinois Area
 

Warm - Welcoming - A Fun Place to Be!

A warm and welcoming community where unique relationships develop between the region and the people who make Champaign County their home. The University of Illinois is at the center of both Champaign and Urbana. A world leader in supercomputing design and applications, the University is home to the National Center for Supercomputing Applications. Krannert Center for the Performing Arts is a nationally heralded cultural center.

Surrounding small communities offer their own uniqueness for you to discover what bonds people to people. Check out Champaign and Urbana and surrounding communities!

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Real Estate Tips
Real Estate Contracts >Signed Sealed and Delivered

Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.

An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.

Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.

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Real Estate Trivia
Q 
What is encroachment, and how might it affect a property owner?

A 
Encroachment, refers to the unauthorized intrusion of a building or improvement onto another person's property; it often requires a surveyor's report to support the claim.
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Rose Price, REALTORŪ, real estate agent and broker for Champaign and Urbana Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Rose Price
Prudential Landmark Real Estate

100 Trade Centre Dr. Suite 102
Champaign, Illinois 61820
217-202-8843
217-352-1933
800-397-2155
Fax: 217-378-1281

When you choose Rose Price to help you buy or sell your home, you will be working with a professional challenged to incorporate the latest tech-tools into her daily business operations. To meet that challenge head-on, Prudential Real Estate Affiliates, headquartered in Irvine, California, launched a program to certify an elite group of its own agents as tech-whizzes who are capable of using the latest electronic tools to enhance the service they provide consumers. Rose is currently a Prudential Certified agent.

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