Yeah, but who is the next renter?
-
I think you are correct Jolly. It is one thing to evict someone. But, if you do not have a tenant to fill that spot, then just maybe, a late rent check or reduced rent check is better than no rent check at all.
-
In Maryland, you can't evict due to a COVID-19 related reason to not pay rent. And I'd say that this policy is best for the landlords, too, at least in the short term, for the reason TG just mentioned.
-
Did they extend the same consideration to the Landlord on their mortgage?
Me/rry/Christmas
-
@LuFins-Dad Good question. I hear that's being worked on but no idea. From what I understand that's a state-to-state thing?
-
If the mortgage is backed by the federal government, then the eviction moratorium also protects the landlord from foreclosure.
See https://www.nhlp.org/wp-content/uploads/2020.03.27-NHLP-CARES-Act-Eviction-Moratorium-Summary.pdf
-
We have a VA backed mortgage and were sent a notice that we had a 60 day allowance with no penalties. Paid anyway, but I am considering what refi options might be available now.
