Fred Griffin Tallahassee Real Estate, Licensed Florida Real Estate Broker (Fred Griffin Real Estate)

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Rainmaker
701,040
Brian L. Sirota, Esq.
Bristar Realty (Realtor/Attorney) - Orange, CA
For Solutions: (714) 501-7660

Fred Griffin Tallahassee Real Estate 

The federal ruling addresses only the CDC's authority under the Public Health Service Act.   Other eviction moratoriums and foreclosure moratoriums are not implicated by the decision. 

The legal moratorium landscape is not sufficiently developed to have an informed opinion.

May 05, 2021 07:30 PM
Rainmaker
966,813
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Eventually, there will be evictions. There are several reports of people who are working but simply took advantage of the moratorium and didn't pay their rent

May 06, 2021 05:46 AM
Ambassador
3,001,727
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I saw that "news" early today, Fred Griffin Tallahassee Real Estate 

Good to see Brian L. Sirota, Esq. comment. 

May 05, 2021 07:40 PM
Rainer
133,283
Ken Jones, ASA | Broker & Appraiser
Kenneth J. Jones, Inc./Global Valuations - Newark, NJ
Commercial Real Estate Broker & Appraiser

Fred Griffin Tallahassee Real Estate Because our courts have become partisans rather than independent arbiters of the law, there's really no way to predict whether or not this ruling will stand.

That said, I don't see the legal authority of the CDC to act to interfere with legal contracts between landlords and tenants.

May 06, 2021 04:49 AM
Rainmaker
314,268
Raymond Henson, eXp Realty
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

It is not fair to remove the ability to evict tenants.  I have had more than one property owner friend that this has created problems.  One friend had three tenants stop paying.  Covid did not create problems for the tenants.  They just stopped paying rent.

May 06, 2021 05:52 AM
Rainmaker
831,848
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I think each state's Governors will have a say in how evictions are handled. https://www.courthousenews.com/virginias-covid-rental-relief-program-reflects-states-changing-politics/

May 06, 2021 05:37 AM
Rainmaker
223,476
Eva B. Liland Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service 661-714-1643

I read it twice and I'm not an expert to predict the outcome. Some said it only be in these 2 states. Honestly, only time will tell.

May 05, 2021 06:57 PM
Rainmaker
869,141
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Perhaps this federal judge, like every citizen and investor in the USA saw, the CDC overreached their power. Even if its reversed the damage has been done.
In Florida eveicions proceeded unabated.Folks got kicked out becuase of Tennant Agreements which apparently were not included in the moritorium. Obviously an oversight.
No word have a heard about how these investors will be made whole. And I do not thnk those in control of  DC are the least bit smypathetic to the demographic that represents the investor majority.

May 06, 2021 05:25 AM
Rainmaker
749,659
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

It continues in NY and it's horrible for property owners.  I can only speculate but do think that many landlords will have enough and we'll be seeing these homes hit the market. This is a real challenge that, IMHO, just didn't have to be.  

May 06, 2021 04:51 AM
Rainmaker
1,379,314
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

New York has extended it here and as with any government intervention, it will cost all of us!

May 06, 2021 04:46 AM
Rainmaker
868,474
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I believe that the decision was by a Federal Judge which means it could be appealed to the Supreme Court. If so, it will be a while before there is a final decision.

If the decision is upheld, it is anybody's guess as to what the impact will be.

One local news station I was watching reported the event. All of their visuals showed what looked like old file photos of houses in the past with FORECLOSURE signs on them. Bad reporting, since the story was about evictions and not foreclosures!

It is a complicated situation involving tenants who have not been paying rent, landlords who may or may not be current in their mortgages, owners with mortgages in forbearance and some who may be delinquent with the specter of foreclosure hanging over some properties.

I do not think the foreclosure issue is as big as some do...at least in our area. Since 2012 values have shot up and most homeowners have the equity that would allow them to sell a house to prevent foreclosure and the seller would likely walk away with remaining cash after paying off the mortgage.

 

 

 

May 05, 2021 07:35 PM
Rainmaker
5,368,037
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Fred,

I have seen that headline, and Brian L. Sirota, Esq. has the answer.  Thank you Brian.  A

May 06, 2021 06:23 AM
Ambassador
5,213,868
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

By now many landlords that were unfortunate to have these tenants are already going down.

Fortunately all of our tenants paid their rent.

May 06, 2021 01:00 AM
Rainmaker
831,772
Peter Mohylsky. Broker Associate
Miramar Beach - Santa Rosa Beach, FL
THE BEACH IS OPEN AND WAITING FOR YOU

Wait and see.  This could be interesting story to follow.  

May 06, 2021 07:20 AM
Rainmaker
4,736,451
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have a few clients that have rental homes, and they are definitely struggling.   I was happy to see this yesterday.

May 06, 2021 06:50 AM
Rainmaker
939,540
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

I'm still trying to make sense of this. Florida Realtors sent an update this morning and, according to the article, it ends the moratorium nationwide.

Court Strikes Down CDC’s Eviction Ban | Florida Realtors

It states that an appeal has been filed but a stay has not yet been requested.

The more I read about this, the more confusing it is.

 

May 06, 2021 12:27 PM
Rainmaker
1,361,948
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Unfortunately, the judge allowed it to continue while considering a biden admin request.  Was great for a little while to have theCDC and over reach put in it's place.  Only hope it remains struck down and our state and county goes after their departments of health for similar things.

 

https://www.bloomberg.com/news/articles/2021-05-06/u-s-seeks-to-put-off-judge-s-blocking-of-eviction-moratorium

May 06, 2021 08:30 AM
Rainmaker
2,610,901
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

It took rule of law to enforce what is right known as justice? You want, use or need something you payy for it! This concept is tens of thousands of years old.  As to what will happen? Tenants who didn't pay go bye-bye. The hard road awaits. Today more than ever, landlords will vet and weed out tenants preferring verified pensioners, military personel, state or federal employees that guarantee rent performance. The benfit of the doubt, giving people at large a second chance, helping those just starting out all have  been jeopardized and put to risk. Shame on the leaders of today....

May 06, 2021 06:34 AM
Rainmaker
715,238
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Some of these owners would like to take advantage of the hot selling season. Having tenants who refuse to pay prevents them from doing so. I think there are "some" taking advantage of the system. They'll surely have difficulty finding a place to live once they can be evicted. 

May 06, 2021 12:35 PM
Rainmaker
6,368,771
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Tme will tell. Maryland has extended the moratorium.

May 06, 2021 09:00 AM