Tenants Wanting to Buy Can Get First Look at FHA Foreclosures
Tenants Wanting to Buy Can Get First Look at FHA Foreclosures
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3 Ways Tenants Can Pay for Laundry from Their Phones
A cashless society is approaching rapidly. As a result, all corners of tenants’ lives are affected including doing laundry. To improve convenience, landlords are allowing tenants to make mobile payments to operate laundry machines. 3 Ways Tenants Can Pay For Laundry From Their Phones are listed below. Look for the PayRange icon on machine to determine if it accepts PayRange
Read more3 Ways Tenants Can Protect Themselves from Disaster
Floods, tornadoes, fires, and other disasters keep coming. To make matters worse, when rental properties are damaged by disasters, tenants are on their own. Landlords’ property and flood insurance does not protect the tenants’ possessions or cover unexpected moving and relocation expenses. To be better prepared, there are 3 Ways Tenants Can Protect Themselves from Disaster. Renters Insurance The first
Read more5 Reasons First Time Home Buyers Have Buyer’s Remorse
Over the past year, it has been a seller-friendly real estate market due to low interest rates and supply. As a result, renters vying for their chance to be first time homeowners are experiencing bidding wars and the fear of missing out. Because of this environment, renters are making quick decisions which are leading to buyer’s remorse. 5 Reasons Renters
Read moreWhy Are Rents Going Up?
According to CoreLogic, rents rose 9.3% in August versus a year ago. In addition, all major metropolitan housing markets covered by CoreLogic show positive rent growth. The largest increase is in Miami with a 21% increase. So why are rents going up? Low Supply of Rental Units There has been severe under-investment in housing construction for years in the United
Read moreDo You Know If Your Apartment is Going to Become Unaffordable?
With rents going up, many tenants are wondering if their apartments are going to become unaffordable. Would it be helpful to know if this problem was coming your way? The winning team at the Zillow HBCU Housing Hackathon targets this problem. Morehouse College’s Solution A team of four students from Morehouse College won first place in the Hackathon by creating
Read moreAre you renting in a flood risk area?
With sea level rise, hurricanes and tropical storm a hot topic, it is reasonable to wonder if you are renting in a flood risk area. While news often highlights the risk of flooding to home owners, tenant are also at risk of losing their home and personal property. A helpful tool to determine if you are at risk is Flood
Read moreSupreme Court Blocks CDC’s Eviction Moratorium
In a 6-3 decision on Thursday, the U.S. Supreme Court blocked the CDC’s latest eviction moratorium less than a month after it went into affect. The moratorium was supposed to be in effect until Oct. 3. The six Supreme Court Justices determined that if a federal, eviction moratorium is to be in effect, Congress must authorize it, not the CDC.
Read more4 Reasons Why Landlords Are Declining Rental Assistance
There has been news and articles about the slow rollout of the $45 billion in rental assistance funds. At the end of July, only $4.7 billion has been distributed according to the U.S. Treasury. There are many issues that have the caused the slow process, but an interesting one is that landlords do not want to participate. Why would a
Read moreCDC Implementing A New Eviction Moratorium Until Oct. 3
The CDC is implementing a new eviction moratorium until Oct. 3 across most of the country. The moratorium targets areas of the country experiencing “Substantial” and “High” levels of Covid infections. Since most of the country is experiencing a spike, 90% of the tenants behind on their rents are expected to be covered. Community levels can be checked on the
Read moreWhat To Do When Facing Eviction As the Moratorium ends
With the eviction moratorium ending today, July 31, many tenants are wondering what to do when facing an eviction. Although there has been $45 billion in rental assistance allocated by Congress, it has been slow to reach people. As a result, evictions are a real possibility for millions of families. Tenants should take these steps NOW if facing an eviction.
Read moreCDC Eviction Moratorium Extended to the End of July
The CDC on Thursday extended the Eviction Moratorium to the end of July. The CDC says this is the final extension. If so, a lot of work has to be done in the next 36 days to distribute the balance of the $46 billion in rental assistance to avoid a wave of eviction filings. A common questions is “How did
Read moreHow to Talk to Landlord when Behind on Rent
CDC Eviction Ban Ruled Unlawful But Being Appealed
A U.S. District Court Judge ruled on Wednesday that the CDC Eviction Ban is unlawful and should be removed. The ruling resulted from a lawsuit filed by the Georgia and Alabama state Realtors associations and other parties. While the eviction ban is scheduled to end on June 30, 2021, the ruling risks making a bad situation worse. As a result
Read moreEviction Ban Extended Through June 30, 2021
The CDC announced that it will extend the national ban on evictions for 3 more months until June 30. The ban was set to expire at the end of March. According to Census data, approximately 20% of renters did not pay their rent in February, so help is needed. A renter will qualify if they meed the following criteria. If
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