Failed Lot Auction Proves Why a Due Diligence Survey Matters

Aerial view of a vacant land parcel with boundary markings used for a due diligence survey before purchase

Buying land sounds simple. You see a low price, a clean map, and a good location. Then you assume the deal makes sense. However, recent events in Chicago show that land deals can fall apart fast when buyers rely on paperwork alone. A failed vacant lot auction in Chicago created headlines and raised serious questions […]