Florida had a moratorium on evictions and foreclosures. That moratorium ended with some controversy, but ultimately was not renewed because the Federal Government also has a moratorium in place; evictions potentially halted by the CDC and foreclosures of federally-backed mortgages halted by the CARES Act.
At some point, tenants will have to pay rent again, and homeowners will have to pay mortgage payments again. None of the moratoriums, state or federal eliminate the obligation to pay.
When that day comes, will the tenants / borrowers be able to pay?
In this week's episode of The Crushing Debt Podcast, I interview Brenda Kennedy, a licensed real estate and short sale specialist with over 14 years' experience. Brenda is a Tampa native, offering a wealth of knowledge and experience working with sellers. In fact, Brenda modified her own loan with Bank of America in the last market crash!
Brenda and I discuss:
You can reach Brenda at Brenda@KennedyHomeSales or 813-732-9593.
If your goal in 2021 is to become debt free, start with my newest book, Become Debt Free in Less Than One Hour, which you can pick up at www.ShawnMYesner.com/BecomeDebtFree!