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New Law Protects Renters From Foreclosure Eviction
By Octavio Nuiry
Under the new foreclosure prevention bill President Barack Obama signed into law on May 20, renters scored a big victory against foreclosure evictions. Starting immediately, the Helping Families Save Their Homes Act allows tenants who pay their rent on time to remain in their foreclosed rentals through the end of their lease, unless the bank sells the property to someone who intends to make it their own residence, according to the Associated Press. If the home is sold to an investor or back to the lender, the new owner will have to allow the tenants to stay in the property for the full duration of the lease. Complete Story
0 Mt Zion East Church Rd Buchanan 30113 MLS No.: 2874458 Type:Land Lot $29,500 View details