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View All Answers for Need help! Landlord is going back on my lease? Can

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Submitted 414 days ago...

Miss Demeanor

Miss Demeanor

Authority (391)

Need help! Landlord is going back on my lease? Can they really evict me?

So I found this real estate management company that said they took houses on the market that the owners were trying to sell. Then they found investors to use their name and good credit to take out the mortgage on and the management company would find and manage renters. The renters would stay in the place for 2 years and have an option to buy. The management company makes money through the lending and the investors make the equity.

Then comes me - I am the renter. I get discounted rent and an option to buy in 2 years. Thing is, the management company defaulted on their deal with the investors and the investors want the apartment back even thought I have a 2 year lease agreement. Can they really evict me?

 
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Submitted 108 days ago...

joecostello

joecostello

Contributor (124)

Are these apartments in palatine illinois?

 

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