The seller pays $2.50 per $1,000 of the sale price for each piece of property sold. There is a $25 processing fee (effective February 1, 2009) for exempt real estate transfer stamps. Before the transfer tax stamp is released, all debts due and owed to the Village with respect to such parcel must be paid in full, including the water bill which must be current, a final water reading must be scheduled, and a deposit of the greater of $75.00 or the average of the last 2 billing cycles. In addition, residents who sell a residence and repurchase their next residence within Woodridge corporate limits and within one year from the purchase date of the stamp may be eligible for a refund of the Transfer Tax (less a $25 processing fee). There will be a late penalty fee ($100 per month) for all transfer stamps not acquired within 30 days after property title is transferred, effective May 1, 2009, as provided in section 3-2-5J. For more information, call (630) 852-7000. Download the Real Estate Transfer Tax Form, Refund of Real Estate Transfer Tax, and Real Estate Tax Exempt Transfer Tax Form. These forms are in PDF file format. PDF files require Acrobat Reader in order to be opened. Click on the icon to download Adobe Acrobat Reader.
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Access housing information electronically. Search for home closing prices at Chicago Tribune Homes. Go to www.chicagotribune.com/classified/realestate and click on recent sales.
Authorization to Convert Your Check to an Electronic Funds Transfer Debit - When paying by check, you authorize the Village of Woodridge to convert the check into an electronic funds transfer. Please be aware that your bank account may be debited as soon as the same day we receive your payment.