As closing day approaches, one of the most common questions Round Lake sellers ask is when they will actually receive their proceeds. After more than 23 years as a full-time real estate professional and Broker Owner at Helen Oliveri Real Estate, I make sure sellers understand the payment timeline well before closing so there are no surprises. In Lake County IL real estate in 2025, the process is typically straightforward, but knowing the steps helps reduce stress.

With over 3000+ homes sold and 311 Google 5-star reviews, I’ve guided thousands of sellers through closings and funding. When sellers know what happens behind the scenes, they can plan their next move with confidence.

Before closing, I review the settlement process with sellers so expectations are clear. In Round Lake, closings usually take place at a title company, where documents are signed and funds are transferred. However, being “closed” and being “paid” are not always the exact same moment. Understanding this distinction is important.

Key Questions Sellers Ask About Getting Paid

When do sellers typically receive their money?
Most Round Lake sellers receive their proceeds the same day or the next business day after closing. Wire transfers are the most common method and usually provide the fastest access to funds. Checks may take additional time depending on processing.

What can cause delays in payment?
Delays are uncommon but can occur if funds arrive late in the day, documents are recorded after business hours, or there are last minute changes. I often remind sellers, “Funding and recording must be complete before money is released.”

How can I help ensure a smooth closing?
Preparation matters. Reviewing documents in advance, responding promptly, and avoiding last minute changes all help keep things on track. Pricing and negotiation strategy earlier in the process also contribute to smoother closings, which is why many sellers review this guide early on:
https://helenoliveri.com/your-guide-to-pricing/

If you are also planning on buying in Lake County IL, knowing when you will receive your funds is especially important for coordinating deposits and closings on your next home. Clear timing helps everything align.

Getting paid after closing should feel predictable, not uncertain. When expectations are set early, the final step of the sale is smooth and stress free.

Contact Helen Oliveri at Helen Oliveri Real Estate | (847) 401-0136 | www.helenoliverirealestate.com/ for a FREE 2025 Market Strategy Session