Breaking!!! CDC HALTS ALL EVICTIONS.

CDC has no such authority.

Landlords are either going to take matters into their own hands or simply walk away. More, September doom...

Most people that get new cars don't own them . they work to pay them off so they can get the titles . I'm fine with taking those cars away from them and giving them to people that need them more in my judgment .

[link to www.bloomberg.com (secure)]

The Centers for Disease Control and Prevention plans to temporarily halt evictions of consumers earning no more than $99,000 a year to prevent the virus from spreading, a senior administration official said Tuesday. The policy will take effect immediately.

Ive read so many unintelligent people that dont see their late payments on their credit report. They think that their mortgage was paid off with Nesara. When it was only deferred.

Many of these rentals and mortgage holders will think they dont have to pay rent but the balance will build it until when the pandemic is considered over, they will owe back payments 6x 1k. So say they will owe 6k+ or when its all over, it will be ugly

The other thing is that not all landlords own their properties outright. Many are paying mortgage, and for some, its even a way to make ends meet during retirement.

If a renter does not pay its landlord month after month, and if the landlords sees they will not be able to in the foreseeable future, may have a mortgage on the property, and yet cannot evict the delinquent tenant, then I would think the landlord may consider just selling the property. What then prohibits a new property owner who does not want to rent the property out from just kicking out the old tenant?

The other challenge I see with this is if a tenant stops paying rent, when the CDC lifts such mandates, does anyone actually think the tenant will all of a sudden start making their rent payments? Alot of times...hell no!

I think this is going to result in many landlords just selling their properties as too risky, and the tenants will just be kicked out that way. Just my 2 cents...

Not really. Those who truly cannot afford it will just declare bankruptcy. It really isn't that big of a deal these days.

The other thing is that not all landlords own their properties outright. Many are paying mortgage, and for some, its even a way to make ends meet during retirement.

If a renter does not pay its landlord month after month, and if the landlords sees they will not be able to in the foreseeable future, may have a mortgage on the property, and yet cannot evict the delinquent tenant, then I would think the landlord may consider just selling the property. What then prohibits a new property owner who does not want to rent the property out from just kicking out the old tenant?

The other challenge I see with this is if a tenant stops paying rent, when the CDC lifts such mandates, does anyone actually think the tenant will all of a sudden start making their rent payments? Alot of times...hell no!

I think this is going to result in many landlords just selling their properties as too risky, and the tenants will just be kicked out that way. Just my 2 cents...

So basically, they destroyed the economy with a fake pandemic. Now, they need to keep the fake pandemic going in order to invoke their authority to prevent evictions, lest millions of people get kicked out of their homes due to loosing their income because of a fake pandemic.

In my state, selling the property doesn't void a lease or agreement with the tenant unless you specifically stated as such in the lease or rental agreement.

Here in California, it was extended 5 months this morning.

I am still looking into it, but from what I gather, tenants have to file every 15 days for this protection, they also have to prove hardship due to covid. They also have to pay a minimum of 25% still. If those are not done, I believe they can be evicted.

There does not seem to be much out there yet for landlord protection.

There is this, it seems landlords can also get protection 1. if they have a mortgage.. and 2. If they own less than 4 properties.

That leaves me out of both.. grumble.

I am lucky in that I can afford if my tenants aren't paying. But its still stressful.

I'd hate to be a landlord, what are they going to do as to the loss of income?

I have a contract on a property right now with 2 apartments and a home. It's written in the contract that the apartments will be vacant at closing. I have plans for a man cave and a she shed.

I think this order will kill my deal. I will not be paying a mortgage on a property I can't fully utilize. Rent free tenants as a bonus? No fucking way.

what happens when a land lord can't Pat property taxes?

Here in California, it was extended 5 months this morning.

I am still looking into it, but from what I gather, tenents have to file every 15 days for this protection, they also have to prove hardship due to covid. They also have to pay a minimum of 25% still. If those are not done, I believe they can be evicted.

There does not seem to be much out there yet for landlord protection.

There is this, it seems landlords can also get protection 1. if they have a mortgage.. and 2. If they own less than 4 properties.

That leaves me out of both.. grumble.

I am lucky in that I can afford if my tenents aren't paying. But its still stressful.

haha i haven't paid rent in my luxury apartment with all the amenities since April.....

I signed a year lease March 1, a few weeks before this all happened....

My credit was shit, but I had a big bank account so they took me...

What a giant joke it has been on them....

The office emails me weekly to fill out promise notes and all kinds of notices or Coronavirus regulations forms...

I ignore every one of them!

I have my rights! Not giving them any outs!

And then I hear this today after my state just extended our own moratorium another 45 days yesterday!

Every day is becoming Christmas!

Oh yeah I also got the enhanced unemployment, am still receiving unemployment, will be on it til the end of the year, and cant wait for that $300 extra Trump ordered tacked on too!

I am living off the fat of the land, literally money is chasing me at this point, and you should to!

This whole ruse is the greatest thing that has ever happened to me!

Hate to be on the bottom side of this.

So, if this does affect you as such, your plan is just to walk away from the equity and consider it all a loss?

then you did it right.. congrats.

Landlords are either going to take matters into their own hands or simply walk away. More, September doom...

I feel very lucky that so far all of my tenants, and all but one of the tenants of the properties in my Mothers Trust have been able to pay rent. The one having trouble has been doing all he needs to do legally to utilize this eviction halt, and he's been a good tenant.

Not a big issue for landlords that have a mortgage on the house they are renting, just stop paying the Bank and if they try to sue you for non payment, tell them to take up the matter with Trump shutting down the economy and CDC saying renters dont have to pay.