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Updated over 5 years ago on . Most recent reply

User Stats

50
Posts
25
Votes
Vic Valera
  • Contractor
  • Jackson, MS
25
Votes |
50
Posts

Evictions during COVID-19

Vic Valera
  • Contractor
  • Jackson, MS
Posted

Are evictions/ late fees being allowed?

How are you all handling late rent?

Jackson, MS

Central Mississippi

Most Popular Reply

User Stats

1,148
Posts
764
Votes
Susan Maneck
  • Investor
  • Jackson, MS
764
Votes |
1,148
Posts
Susan Maneck
  • Investor
  • Jackson, MS
Replied

Under the CARES Act if you have a FHA, VA, Fannie Mae or Freddie Mac loan on your property you cannot evict or apply late fees until after July 31. The state's moratorium on evictions ended June 1. Although I have only one property with a government insured loan, I have not been charging late fees during the pandemic on any of my properties nor have I filed for any evictions. I plan to start applying late fees again n August. Most of my tenants would have received all of their enhanced unemployment by then and be starting back to work within a couple of weeks. So far, they have all paid eventually. You can file for evictions but as I understand it they are backed up by about seven weeks.

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