Industry News

Foreclosure tough on renters

Real estate roundup
Published on Jun 17, 2008

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by CareyBot

Renters suffer foreclosure woes
More and more renters who are in good standing on their rent payments are being forced to move out when their homes go into foreclosure, Reuters reported this week.

The problem is the inevitable fallout from the foreclosure crisis that has stricken so many homeowners in recent years, and many attorneys who assist troubled renters say the problem has worsened since last year.

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