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Re: Cancel Rents and Mortgages
From what I can tell, the courts are not going to process any evictions or foreclosures during the current crises.
So far it looks like the banks are going along with just pushing mortgage payments out.
The article I read stated that communicating with your mortgage company was important.
What To Do If You Can't Pay Your Mortgage Due To COVID-19 | Bankrate
For many, both their employer is closed, and they are under shelter in place orders.
For landlords, The best that they can hope for is that enough people make rent, that they can sustain operations.
I think everyone will suffer some under this crises.
From what I can tell, the courts are not going to process any evictions or foreclosures during the current crises.
So far it looks like the banks are going along with just pushing mortgage payments out.
The article I read stated that communicating with your mortgage company was important.
What To Do If You Can't Pay Your Mortgage Due To COVID-19 | Bankrate
For many, both their employer is closed, and they are under shelter in place orders.
For landlords, The best that they can hope for is that enough people make rent, that they can sustain operations.
I think everyone will suffer some under this crises.