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Here’s more about how “we buy houses” companies in Chicago work, and the pros and cons of working with them. ... Houses in Chicago rent for a median of $2,200 per month, according to data ...
This 83-year-old Chicago senior has lived in South Shore for 50 years — now she keeps getting offers to buy her home ‘as is.’ Why outside investors are gobbling up properties in the area
In May 2020, Heitman sued Jenner & Block alleging it failed to pay it more than $3.7 million in rent during the months of April and May 2020. In June 2020, Jenner filed a counterclaim stating Heitman actually owed it $840,000 in credits as it was unable to use its Chicago office at the start of the COVID-19 pandemic. In September 2021, both ...
Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...
Equity Residential was sued in a class action in 2017 due to allegations that it charged late payment fees in violation of California law. [20] [21]In 2022, the company agreed to pay approximately $2 million to settle a lawsuit filed by Attorney General for the District of Columbia Karl Racine alleging that the company offered misleading rent discounts on a rent-controlled building in ...
Private equity powerhouse Blackstone recently poured $6 billion dollars into one of the biggest bets on suburbia in recent history. In July of 2021, Blackstone purchased America's largest...
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
In Cook County, which includes Chicago and its suburbs, property taxes are due twice a year. Taxes not paid by the first due date in March are considered "delinquent," and interest begins to accrue.
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