From the City Paper: DC: The Place to Be for Tenants of Foreclosed Buildings
Interesting article in today's City Paper. To view the entire article click HERE. With the foreclosure crisis ever ,tenants unsuspecting tenants being evicted from foreclosed homes will only increase.
An excerpt from the article in the City Paper.
"In late July, Teres McDonald returned to her home in Congress Heights and faced an eviction notice on the front door. She hadn’t seen her landlord since May, and he’d also refused to return calls since then. Now she understood why: The bank had foreclosed on his property, her house.
According to the notice, all the buildings’ residents—McDonald, her husband, her two teenage sons, and two tenants downstairs—had ten days to leave the property, she says.
Soon after, someone connected to the bank came to the house, at 453 Mellon St. SE, offering $1,500 in cash for both families to leave and turn in their keys.
That amount “wouldn’t even be able to help with moving costs,†says McDonald. And where can you find a semi-decent two bedroom in the city for that cost anyway?"
According to the notice, all the buildings’ residents—McDonald, her husband, her two teenage sons, and two tenants downstairs—had ten days to leave the property, she says.
Soon after, someone connected to the bank came to the house, at 453 Mellon St. SE, offering $1,500 in cash for both families to leave and turn in their keys.
That amount “wouldn’t even be able to help with moving costs,†says McDonald. And where can you find a semi-decent two bedroom in the city for that cost anyway?"