Home › Forums › Housing › Turko on rentals and foreclosures › this creates an opporunity
this creates an opporunity for those willing to take risk:
before I get the NOD, I rent my property out for half of the going rate for ten years.
The bank is then stuck with a very unfavorable rental agreemnet which it cannot sell.
Unless they find a buyer willing to make the home a primary residence,
The real benefit is to the renter.