I am starting a series on bad behavior on both sides of the landlord-tenant relationship. Please write me an email if you have stories and want an opinion. If you comment here, please remember no naming names, no identifying properties.
Recently, I got this first-hand account of a landlord who tried to get a little more money before falling into foreclosure:
This is a case of a women and her 18 month old son living in an apartment with roommates in a city outside of Boston. She was living in a building where the owner lived on the first floor. The tenants were paying their rent on time. In mid-February, the landlord went to her apartment to ask the tenants if they could advance the rent because he needed to pay his mortgage before the first of the month. The tenants took the request seriously and were figuring out how to get the money together. Two days later they received a letter from the bank telling them they had 20 days to vacate the property. The landlord was facing foreclosure and tenants had no idea.
Landlords who are facing foreclosure have more than a few days notice. It takes months before a delinquent loan goes fully into foreclosure. This landlord wanted to get a little more money from his tenants, if he could. You can bet it wasn’t enough to solve his banking problems. In this case, the landlord fled and everyone in the building was in shock. This family had a housing crisis on their hands which was no fault of their own. They lost their month's rent deposit, and they were lucky to have not lost an extra month’s rent.
This landlord gets a D-, for delinquent with a negative character.
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