It’s a Renters Market
The winter is usually a great time to find an apartment in Los Angeles, especially in the beach cities, where the cold Pacific Ocean wind keeps prospective volleyball players and bikinis at bay. According to Fox News, the housing slump has also created a renters market saturated with additional rental housing options for prospective tenants. The reason is because many homeowners […]
Renters and tenants are victims of mortgage crisis
Have you received an eviction notice even though you have paid your rent on time? Chances are that the property owners are in foreclosure. According to CBS, renters and tenants in Los Angeles are getting evicted in record numbers due to foreclosure by the owners of the property. 35,000 housing units are currently in default within […]
Require Your Tenants to get renters insurance
According to a survey by Allstate insurance, 60% of tenants nationwide do not have renter’s insurance. The cost of renter insurance is very cheap, usually $15 to $20 per month, and within the price range for most tenants who are not absolutely destitute. Some landlords are requiring their tenants to carry renter’s insurance because it protects the landlords cash flow. […]
Chicago tenants may get protection against foreclosure evictions
Chicago tenants who face eviction due to landlord foreclosure may receive some additional assistance from City Hall. The plan is being put forth by the Chicao mayor Daley, which will provide up to three months of rent and moving expenses for tenants affected by the landlord foreclosure. The new bill is also looking to expand […]
Tenant’s Worst Nightmare : Property Foreclosure
In a difficult economy, tenants can a face their worst nightmare: moving into a apartment only to learn that the property has been foreclosed and they must get out. After moving costs, tenants are facing with moving their stuff again. Any legal action is destined to cost money. Also while living in the foreclosed property they might be subject to losing […]
