Posted on 04/24/2009 10:33:31 AM PDT by UltraConservative
When I was considering relocation to Idaho, so people suggested renting my home...in case I wanted to return. Hell no. I wanted to get out of California. When my mom passes, her house will be sold. There's no point in renting with the loonies in control.
When I was considering relocation to Idaho, some people suggested renting my home...in case I wanted to return.
This sounds like it may give the banks an incentive to “play nice” with any tenants in the foreclosed properties, and keep them in the loop on the proceedings. Not necessarily a bad thing, since renters aren’t the ones defaulting on the mortgage.
Maybe it’s unfair to the banks, but I don’t think the banks should be throwing tenants out of the property without plenty of advance notice, either.
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