Comments on: Government Plans To Rent Out Foreclosed Homes https://realtybiznews.com/government-plans-to-rent-out-foreclosed-homes/9874253/ With the latest on mortgages, refinancing, real estate & home tips Sun, 25 May 2014 19:38:22 +0000 hourly 1 http://wordpress.org/?v=3.9.1 By: nicki https://realtybiznews.com/government-plans-to-rent-out-foreclosed-homes/9874253/#comment-110674 Sun, 05 Feb 2012 21:13:24 +0000 https://realtybiznews.com/?p=4253#comment-110674 it does sound good but what all do u have to do in order to rent to own a forcloser home

]]> By: Desiree https://realtybiznews.com/government-plans-to-rent-out-foreclosed-homes/9874253/#comment-91360 Tue, 10 Jan 2012 14:18:08 +0000 https://realtybiznews.com/?p=4253#comment-91360 I think it is a wonderful idea. Perhaps they might want to also look into a rent to own program too. There are alot of people out there looking for good quality homes. If they entered into such a program they could then work with the bank on meeting the requirements to purchase the home while they are renting it. I say go for it. The sooner this happens the better!

]]> By: Will the Federal Government be your next Landlord? https://realtybiznews.com/government-plans-to-rent-out-foreclosed-homes/9874253/#comment-22337 Thu, 11 Aug 2011 01:17:29 +0000 https://realtybiznews.com/?p=4253#comment-22337 [...] recent article in Realty Biz News, Mike Wheatley reported that “The government is investigating new plans to try and limit the [...]

]]> By: Jeffery https://realtybiznews.com/government-plans-to-rent-out-foreclosed-homes/9874253/#comment-22281 Wed, 10 Aug 2011 19:27:33 +0000 https://realtybiznews.com/?p=4253#comment-22281 Oh that will definitely help boost the housing for sure.

Totally insane, what is happening all over.
http://www.dailyjobcuts.com

]]> By: Mike Wheatley https://realtybiznews.com/government-plans-to-rent-out-foreclosed-homes/9874253/#comment-19356 Tue, 26 Jul 2011 15:15:18 +0000 https://realtybiznews.com/?p=4253#comment-19356 It’s a bit of a slap in the face for people who have lost their homes but sadly there isn’t much they can do!

]]> By: Mike Montague https://realtybiznews.com/government-plans-to-rent-out-foreclosed-homes/9874253/#comment-19354 Tue, 26 Jul 2011 15:04:15 +0000 https://realtybiznews.com/?p=4253#comment-19354 I predicted this would happen about 2 years ago. All middle class America ever had or wanted was a home to call their own. It is and always has been the dream that kept the country running.

Now the top one percent has taken it away but they will rent your dream back to you on a month to month basis. The reason both political parties can’t find common ground on the economy is so long as over 90% of America is in the hands of 1% there is no formula that works.

]]> By: Mike Wheatley https://realtybiznews.com/government-plans-to-rent-out-foreclosed-homes/9874253/#comment-19344 Tue, 26 Jul 2011 13:40:57 +0000 https://realtybiznews.com/?p=4253#comment-19344 Cheap rents and markets finally stabilizing, sounds good to me!

]]> By: Donna https://realtybiznews.com/government-plans-to-rent-out-foreclosed-homes/9874253/#comment-19342 Tue, 26 Jul 2011 13:14:41 +0000 https://realtybiznews.com/?p=4253#comment-19342 If the government gets into the rental market, the rents will go down, as this will simply move a glut of properties from the selling side to the rental side. While the logic seems sound, the sheer numbers of homes that could be earmarked for rental will have a negative impact on rental rates, by increasing the supply of rental properties until the supply exceeds the demand, and drives rental rates down. This would be especially true in the section 8 sector, which could benefit from more supply, and use that to reduce their rental rates to existing landlords.

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