2,390,620
As a former property manager I just see this as another move that keeps deadbeats from being evicted. There are many unscrupulous who will take advantage of this and the landlords will get burned.
Good landlords (yes I know there are bad ones out there as well) know who intend to pay and they know who they need to get rid of. This will just let the bad apples take advantage of the situation Annette Lawrence , Palm Harbor, FL 727-420-4041
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Debe Maxwell, CRS
Charlotte, NC
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John Juarez
Fremont, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Thomas J. Nelson, REAL...
La Jolla, CA
1,543,823
I think the tenants should have to apply for this based on not working. Several of my neighbors have 6 figure salaries and they always work from home. They do not need the break, they are still earning today. As a landlord, I want my capable tenants to pay their rent vs. a relief package I'll end up paying taxes for later as the economy demands payback for all our bail-outs later this year. It seems like this would snowball on us. My tenants are in Silicon Valley, I know they can telecommute by the nature of their high tech jobs.
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Debe Maxwell, CRS
Charlotte, NC
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John Juarez
Fremont, CA
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
2,781,173
Trump speaking for the government is saying he will cover losses since the gov is behind this all. If that is the case, all losses are covered, Let's see
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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John Juarez
Fremont, CA
3,345,091
It cannot be a blanket policy ... too many will take advantage when the "need' is not there.
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Debe Maxwell, CRS
Charlotte, NC
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John Juarez
Fremont, CA
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Bob "RealMan" Timm
Minot, ND
7,836,139
Many families are facing financial difficulties. Expect new rules on evictions and foreclosures.
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Debe Maxwell, CRS
Charlotte, NC
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John Juarez
Fremont, CA
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Bob "RealMan" Timm
Minot, ND
1,239,901
May be the landlords who have a mortgage will sink with tenants w/o a bail out plan.
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Debe Maxwell, CRS
Charlotte, NC
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John Juarez
Fremont, CA
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Bob "RealMan" Timm
Minot, ND
1,502,998
So the eviction and foreclosure moritoriums only applied to FHA insured loans. In California, tenants can still be evicted for violating terms of their lease and for non-payment of rent. It's been left to the individual counties and states if they wish to put a moritorium on evictions.
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Debe Maxwell, CRS
Charlotte, NC
900,128
The irony is that renters who lost their jobs are NOT protected.
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Debe Maxwell, CRS
Charlotte, NC
1,311,397
So...why do I have to make mortgage payments on my house since I am basically out of work right now?
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Bob "RealMan" Timm
Minot, ND
6,393,494
Does this mean that my mortgage, taxes, insurance and maintenance costs will not longer be required too?
5,230,113
I'm expecting to get the question - and I will respond, depending upon the tenant and the circumstances around which they ask. I don't want to kick the can down the road unless absolutely necessary.