As your dedicated Client Service Representative I am happy to help at any time!

Question the rents.I haven't vetted enough of their properties yet to say for certain, but if the few I've looked at are representative, I'm not surprised that vacancies are a problem in some cases.4.

I represent a real estate lawyer that is interested in getting into convertible living solutions in chicago.

This means that it's easier for tenants to represent themselves without a lawyer. 

My experience has been that whenever you represent that you're going to be living in the property part of the closing package includes an affidavit that states that you will live in the property for at least one year.  

In my opinion, I would request a redemption quote from the foreclosed borrower (They call the lender and find out what they have to pay), so that you know exactly what that amount is.If you want to read the actual statute: (1) A purchaser's deed under section 3232 is void if the mortgagor, the mortgagor's heirs or personal representative, or any person that has a recorded interest in the property lawfully claiming under the mortgagor or the mortgagor's heirs or personal representative redeems the entire premises sold by paying the amount required under subsection (2) and any amount required under subsection (4), within the applicable time limit prescribed in subsections (7) to (12), to the purchaser or the purchaser's personal representative or assigns, or to the register of deeds in whose office the deed is deposited for the benefit of the purchaser. (2) The amount required to be paid under subsection (1) is the amount that was bid for the entire premises sold, interest from the date of the sale at the interest rate provided for by the mortgage, the amount of the sheriff's fee paid by the purchaser under section 2558(2)(q), and an additional $5.00 as a fee for the care and custody of the redemption money if the payment is made to the register of deeds.

As a wholesaler we are not representing buyers or sellers, we are selling paper not properties.

If your end buyer is all cash, that you do not have such issues.I highly recommend that any licensed agent looking to wholesale read this:                      ****If shopping on the MLS, you must make lots of offers and be aggressive to get the right numbers, have buyers criteria already in hand so you know what you are shopping for, and since you hold a license, rather than "wholesale" simply generate each offer with you as agent representing the buyer (the selling agent).

Much of the debate is are you representing buyers, or representing sellers.

Why fight against the people when you're paid to represent them?