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2011 Reader's Choice Award Winners
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HEADLINES -December 2010 broad market sales were up 89% vs. year ago.
-December 2010 high end sales ($750k+) were down slightly from last year's level.
-For 2010, broad market activity is up 29% versus 2009.
-During December 2010, 53 single-family detached homes went under contract in Wheaton/Glen Ellyn compared to 28 sales in December 2009.
-During December 2010, 53 transactions closed in Wheaton/Glen Ellyn compared to 29 closings in December 2009. This information was provided by The Turley Team and Glen Ellyn Homes (630)469-1070 www.glenellynhomes.com 
Making An Offer >Keeping Your Earnest Money Safe
When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?
The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.
If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.
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| Q |
What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?
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| A |
Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age. |
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The Turleys
Keller Williams Premiere Properties
45 S. Park Blvd, Suite 300
Glen Ellyn, IL 60137
630-790-3100
Fax: 888-545-8338
turleys@theturleys.com
The Turleys are your NUMBER1EXPERTS serving Glen Ellyn, Wheaton and all of Dupage County. The Turleys are not only recognized as one of the top Realtors locally, but also ranked among the top 1% of all Realtors nationally. The Turleys success can be attributed to their 47 years combined real estate experience, extensive market knowledge, use of cutting edge technology, and outstanding customer service!    
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