Posts Tagged ‘tenant’

When we talk about the foreclosure problem, we usually focus on the effect on the borrower-owner who had a a loan they could not afford. But where the borrower was a landlord, foreclosure causes a raft of problems for tenants, as well.
A Star Tribune story on a mass eviction in North Minneapolis illustrates this well.

Being a landlord is a job that a lot of people seem to just stumble into. So many people who become landlords don’t really know much about landlording. That is too bad, because when landlords do not follow the law, they can create a nightmare for tenants, which sometimes comes back to bite the landlord, [...]