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Homes my clients rented

Homes my clients rented

Thursday, April 17, 2008

1st For Rent ,Then Foreclosed, Finally Forced Out!

The shock is over, when reading or hearing about renters getting the surprise of their lives in the form of a foreclosure notice. A recent Daily Business Review article indicates that this scenario is becoming more common in South Florida multifamily industry. A Hialeah single mom is the subject in the story published earlier this week that describes her struggle to find a new place to rent as she is forced out of what was typically a safe bet for renters.

Her landlord like so many other smaller investors, collected rent while defaulting on his mortgage -creating a devastating dilemma for the residents.
Click here for the full story