Eviction moratorium? How about mortgage moratorium?
We are hearing about some municipalities and counties across the country halting evictions because of the Pandemic. OK, I get that. Don't like it, but I understand.
So the next question is: will mortgage lenders allow missed payments, stop late fees, penalties, credit hits, and foreclosures? Perhaps they can put the missed payments on the tail end of the loan?
This is unchartered territory--I don't think we're in Kansas anymore. Thoughts?
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I heard that it’s only going to temporarily stop evictions having to deal with the virus.. For example if you lost your job. But you’ll have to have something to back that up. But who knows. I wouldn’t be surprised at this point if they let tenants live rent free for the rest of 2020. We as landlords should also get together and protest on our own just like tenants do. We should also have rights and a say so.