Going to Lease? Don't be a victim of your lessor's foreclosure This week alone, I have received 3 calls from lessees who need to uproot their family from their current town home, since the home they are currently renting is going to be foreclosed on. Imagine having dinner with your 3 and 6 year old and the sheriff comes to the door asking you for the taxes and/or the mortgage, or even better telling you that you have to move out today. Unfortunately, this scenario happened to one of my clients in Buffalo Grove, Illinois, an affluent suburb of Chicago. The … (17 comments)
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