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Helping the troops by screwing them

Posted By Uncle Jimbo

Greyhawk points out how a new policy "protects" our troops who are renters from forced moves when their landlords are foreclosed on. Turns out this simply saves the gubmint a few bucks by screwing our junior enlisted folks. How 'bout that quality of life eh?

In May of this year, however, President Obama signed the Protecting Tenants at Foreclosure Act of 2009 - part of the larger Helping Families Save Their Homes Act of 2009. Under the terms of this law, tenants are "protected" in case of such a foreclosure in that they can not be evicted prior to expiration of an existing lease. (An exception - if the "new" landlord sells the property to a buyer to use as their principal residence the current tenant is allowed 90 days to vacate.)

As a result, military families now won't be forced to vacate until their lease expires, therefore their move may be delayed a bit - but they will no longer be reimbursed for the expenses of that move because it's due to a normal lease expiration - not a foreclosure action. They'll still have to move - maybe with a bit more advance notice but no reduction in hassles - only once again they'll be the ones writing the checks.

Bravo, well done.




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July 09, 2009 • Permalink
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