Once a home sale is almost complete, many Kildeer sellers want to know exactly when they will receive their proceeds. After 23 years as a real estate professional and as Broker Owner at Helen Oliveri Real Estate, I make sure sellers understand the payment timeline well before closing day. In Lake County IL real estate, the process is usually straightforward, but clarity helps reduce stress.
With over 3000+ homes sold and 311 Google 5-star reviews, I have guided thousands of sellers through closings. Knowing when funds are released allows sellers to plan their next steps with confidence.
What Happens on Closing Day
In most Kildeer transactions, closing takes place at a title company. Documents are signed, funds are transferred, and ownership officially changes hands. However, sellers are paid only after the transaction is fully funded and recorded.
I often tell sellers, “Closing is the paperwork. Funding is when you get paid.”
Understanding this distinction helps avoid confusion.
Typical Payment Timing for Sellers
Most Kildeer sellers receive their proceeds the same day or the next business day after closing. Wire transfers are the most common method and provide the fastest access to funds. Paper checks can take longer depending on processing.
Delays are uncommon but can occur if funding arrives late in the day or if recording happens after business hours. As a 23 year veteran real estate agent, I coordinate closely with attorneys and title companies to minimize these issues.
Factors That Can Affect When You Get Paid
Method of payment
Wire transfers are faster and more predictable than checks.
Recording timelines
Documents must be recorded before funds are released. Timing can vary depending on county workload.
Unresolved items
Incomplete paperwork or last minute changes can delay funding. Preparation helps reduce these risks, which is why I often recommend this resource early:
https://helenoliveri.com/preparing-your-home-for-a-hot-market/
How Pricing and Preparation Support a Smooth Closing
Accurate pricing and clean negotiations help keep transactions on schedule. Sellers often review this guide when planning timelines and net proceeds:
https://helenoliveri.com/your-guide-to-pricing/
Planning Your Next Move With Confidence
Knowing when you will be paid allows you to coordinate deposits, closings, and moving plans. If you are also buying in Lake County IL, payment timing is especially important.
Helen Oliveri real estate focuses on communication, preparation, and smooth closings so Kildeer sellers are never left guessing.
Helen Oliveri
Broker Owner | Helen Oliveri Real Estate
23 year veteran real estate agent
Over 3000+ homes sold | 311 Google 5-star reviews
Contact Helen Oliveri at Helen Oliveri Real Estate | (847) 401-0136 | www.helenoliverirealestate.com/ for a FREE Market Strategy Session