Eviction Moratorium
Litigation continues against the Centers for Disease Control and Prevention’s extension of the eviction moratorium. The most recent, fourth extension of the moratorium was issued on August 3. 2021, and is effective through October 3, 2021. Following the CDC issuing the extension the Alabama and Georgia Association of Realtors filed and emergency motion to seek enforcement of the June 29th U.S. Supreme Court Order that states the CDC could not extend the moratorium any longer than July 31st, without new legislation through congressional authorization.
Impact On Landlords
Nearly half of housing providers are “mom and pop” type operations. Having been a landlord for many years and also having several family members who are also landlords, I understand the position many have been put in. Times are difficult and many are struggling to pay rent. Many “mom and pop” operators depend on their monthly rental income in order to pay their own bills and are being put between a rock and a hard place. I don’t know of any housing provider that wants to evict a tenant who has fallen on hard times, it is a last resort.
Help For Renters
For those who need rental assistance, government programs have been created to help households in need due to hardships caused by the Pandemic. Under the $25 billion emergency rental assistance package an average of $5000 has been paid to individuals needing assistance. These funds are available for households having trouble paying rent and utilities. If you or someone you know is struggling to pay rent please reach out to the programs provided. Help yourself and your landlord. Https://home.treasury.gov/policy-issues/coronavirus/assistance-for-state-local-and-tribal-governments/emergency-rental-assistance-program. For local Utahn’s you can go to: https://rentrelief.utah.gov/
Selling A House With Non-Paying Tenants
Many landlords are choosing to sell rental properties occupied by tenants that have fallen behind on rent. While this option can be tricky, it is possible. In fact, it is sometimes the quickest way to “offload” the hassle. There are plenty of buyers out there who are willing to step in and help solve these types of problems. It can be especially helpful when dealing with foreclosure. If you own rental properties that you are considering selling, contact me to discuss your options.