Relevant:
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- Renters are next victims of the housing market
- Landlords See a Jump in Vacancy Rates Even as Rents Drop
- 2 Owners Of Large NYC Rent-Regulated Portfolios Fall Delinquent Under Strict New Tenant-Protective Law
- Collateral Damage: Tenant Victims of Foreclosed Properties
2009-04-14 — thetruthaboutmortgage.com
"Good news, if you recently got foreclosed on and are back in the rental market…Apartment owners and other landlords are beginning to overlook foreclosure-blemished credit reports when considering a new tenant, according to the Wall Street Journal."
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Comments:
swgm37 at 03:22 2009-04-15 said:
How silly can you get? Of course Landlords have to overlook foreclosures. It is not that the people that have a foreclosure are proven to have no money, far from it. A victim of foreclosure is usually going to be someone that respects property and will be good to any landlord. They just got overextended or something happened they could not overcome. Wise landlords will be happy to get such people because they know someone like that is going to be stuck renting for years, and that means they dont have to keep looking for new tenants. To me it makes sense. I just hope that there are some people that are facing a foreclosure, read this comment and see that they need not, necessarily, have to be foreclosed on. There are options check out the site I hope you can find one on it to save you from foreclosure. If not, at least you know you will be able to find housing even after the foreclosure now. William J. Maschke http://www.endproperty.com Permalinkadd a comment | go to forum thread
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