Search Results for 'Landlord'

• Foreclosure: Suffering from a “Side Effects” Hangover

  [...]tims of foreclosure; renters can become unintended casualties in the foreclosure process as well. CNN.com reported that a resident of Laguna Hills, California, who had paid his rent on-time every month, was now being evicted as his landlord did not pay his mortgage. Realty Trac, a company that tracks foreclosures around the country estimates that at least 38% of the properties that go into foreclosure are not owner occupied and many of these have tenants in them. The [...]

• Are Renters Facing the Next Crisis? Is it Time in the Market for them to Consider Buying?

  [...] That is the investor's advice to people who held off buying during the past five years. If you rent a house, townhouse or condo, the advice that you might hear from a consumer protection attorney, is to not be evicted do to your landlord inability to pay the mortgage. One of the reasons that millions of Americans decided to rent during since 2000 was to live peacefully without having to deal with high mortgage payments and worries of defaulting on the mortgage[...]