Tuesday, June 2, 2009

Foreclosure & Tenant Rights

When all these foreclosures began it was devastating to the tenants occupying many of these properties. In most cases they were given only days to vacate.

Now the "Protecting Tenants at Foreclosure Act of 2009" prevents this punitive action against those who had no guilt for the situation they found themselves in.

With this new law, month to month tenants are given 90 days before they have to move and those with leases are allowed to stay until a one year lease expires. For more information visit http://www.govtrack.us/congress/bill.xpd?bill=h111-1247&tab=summary

Prices are incredible right now so for those thinking about buying please visit my web site at www.lvhms.com

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