One of our clients had a sale date on March 25, 2020 that was moved to May 20, 2020. While our clients had already moved out, they are very appreciative of the additional time to safely remove their belongings. There is a lot more relief to come!
This benefits the mortgage companies too in that it keeps their employee and contractor activity to a minimum to turn around this property during our Safer at Home period of time.
“HUD issued letter dated March 18, 2020, “to inform mortgagees of foreclosure and eviction moratorium for all FHA-insured Single Family Mortgages for a period of 60-days.” The letter can be found at: