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Well the fees payed to the sheriff and country can go to independent servers instead of the sheriff. That only hurt his dept and in politics his dept can will probaly be cut in staff and budget.In fact he may face suit or disapline for not doignwaht heis required to do under law. He ios laible for any losses in a suit.
I like what this Sheriff is doing. It's not the renters fault, it's the landlords, most of whom you can probably assume were slumlords. Why should the renter be forced out when it wasn't their fault? Bravo Sheriff Dart!
I can't think of a better way to make lenders stop making loans in that area. Now they truly have zero recourse. They can't even foreclose on non-investment properties. What leverage do they have? I have a rental in VA. Maybe I should just blow off my mortgage, but keep collecting rent. I figure it's worth $18k a year to me.
So a man who owns a home can not rent to a friend and not pay the mortgage because he knows that they will not evict him. If there are no repercussions for not paying your mortgage, then more people will stop paying.
Though I understand how inncent renters are being hurt in this situation.
Location: where you sip the tea of the breasts of the spinsters of Utica
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Quote:
Originally Posted by Rick Lee
I can't think of a better way to make lenders stop making loans in that area. Now they truly have zero recourse. They can't even foreclose on non-investment properties. What leverage do they have? I have a rental in VA. Maybe I should just blow off my mortgage, but keep collecting rent. I figure it's worth $18k a year to me.
The recourse is to obey the law and give people notice that they have to leave, and file the necessary paperwork with the court to prove that you've given notice.
That's just basic human decency, right? One shouldn't make responsible families homeless just because their presence is inconvenient.
The recourse is to obey the law and give people notice that they have to leave, and file the necessary paperwork with the court to prove that you've given notice.
That's just basic human decency, right? One shouldn't make responsible families homeless just because their presence is inconvenient.
I have no idea what you're talking about. You think this sheriff was previously driving around, just looking for random people to evict? He only knew where to go by mortgage companies' actions. And believe me, a mortgage company has done plenty to try to collect payment by the time the sheriff hears about it. The deadbeat owner is the problem here. And the tenants should be able to sue for it. But a sheriff refusing to evict ANYONE, not just just owners living there, but anyone, is guaranteeing that home loans disappear in that area and probably that many landlords stop paying. If law enforcement refuse to do their job and that job is the very last resort a lender has, the lenders will go away. Wouldn't you?
If I were a crooked landlord in that area, this would a fabulous opportunity to simply stop paying my mortgage, while continuing to collect rent. Who's gonna stop me? The police have flat out said they won't stop me? No downside other than bad credit.
I have no idea what you're talking about. You think this sheriff was previously driving around, just looking for random people to evict? He only knew where to go by mortgage companies' actions. And believe me, a mortgage company has done plenty to try to collect payment by the time the sheriff hears about it. The deadbeat owner is the problem here. And the tenants should be able to sue for it. But a sheriff refusing to evict ANYONE, not just just owners living there, but anyone, is guaranteeing that home loans disappear in that area and probably that many landlords stop paying. If law enforcement refuse to do their job and that job is the very last resort a lender has, the lenders will go away. Wouldn't you?
If I were a crooked landlord in that area, this would a fabulous opportunity to simply stop paying my mortgage, while continuing to collect rent. Who's gonna stop me? The police have flat out said they won't stop me? No downside other than bad credit.
If I were a tenant in that area, I would promptly stop paying my crooked landlord any rent.
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. It's not the renters fault, it's the landlords, most of whom you can probably assume were slumlords. Why should the renter be forced out when it wasn't their fault? Bravo Sheriff Dart!
