Redfin: Number of affordable homes on market rises as mortgage forbearance programs end
TOWN SQUARE | The supply of homes ranked “most affordable” in their markets jumped a record 13 percent during the third quarter of 2021 compared with the third quarter of 2020, according to Redfin's analysis.washingtonpost.com
Renter’s rights: What you need to know if you have storm damage
The water pipes above her bedroom burst open inside the home she is renting and now she is wondering who is going to fix the pipes and all the water damage. I’m like what happened and all of the sudden I see all of this water pouring down,” Tamika said. If you rent an apartment or a house or a condominium, it’s your landlords legal responsibility to fix the damage. It’s your job to act quickly and notify your landlord of the problem right away to limit the damage done. Step Two: Back that call up with a written letter detailing the damage and send it via certified mail.
Lightfoot administration defends proposed Chicago property tax hike plan for 2021
“So we’re not divorced from other parts of government," Osterman said. "And when homeowners get the assessments and their property tax bills, what all of us are struggling with in this incredible downturn economy that we’re going through with COVID is the ability for homeowners to be able to absorb that, and their ability to be able to choose to stay in Chicago and help us grow post-recovery.”chicagotribune.com
Worried about making your mortgage or rent payment during the coronavirus outbreak? Here are all of the ways you can get help.
HOUSTON – As the coronavirus pandemic has caused a great economical crisis, many workers have been laid-off or are not receiving pay during business closures. If you’re worried about missing a mortgage payment, contact your lender immediately. Numerous banks have said they are willing to work with distressed borrowers, including potentially suspending or reducing mortgage payments for a stretch. TAA advises renters to communicate with their property manager if they find themselves unable to pay rent. According to the association, they have encouraged rental property owners to waive late fees and set up a payment plan for residents impacted by the COVID-19 crisis.