Will the eviction moratorium be extended past the end of June?

[Jill F.]

I don't think the CDC will extend the moratorium again (past the end of June) with vaccines widely available. Perhaps congress will but I don't think so because they won't want it ending in the winter or during the school year. What do you think?

[Aj Parikh]

@Jill F. In the state of Virginia, the governor already passed the bill into law to extend the eviction moratorium to July 2022. Smh

[Patti Robertson]

Originally posted by @Aj Parikh:

@Jill F. In the state of Virginia, the governor already passed the bill into law to extend the eviction moratorium to July 2022. Smh

Can you please share your source of this info?  I stay pretty up to date on the Virginia legislative activity and have not heard this. I checked the Virginia Assoc of Realtor legislative info, the National Assoc of Residntial Properry Managers legislative info, the Governor’s website, and the General Assembly passed bills and cannot find it stated anyplace that we have an eviction moratorium until July 2022. Could you be confusing your fact with the sunset extension of the bill that made our notice period 14 days and requires landlords with 4+ to offer a payment plan? That order was extended until July 2022 and most believe it will be made permanent.

[John Underwood]

I just evicted a tenant fir non payment of rent in SC.

The magistrate required me to fill out a form stating that I didn't have a Freddy or Fanny loan and that I wasn't receiving government assistance like section 8 on this property.  I had no mortgage so I had no problems evicting.

[Theresa Harris]

Originally posted by @Aj Parikh:

@Jill F. In the state of Virginia, the governor already passed the bill into law to extend the eviction moratorium to July 2022. Smh

 Is that really July 2022?  I don't know what it is like in the US other than what we see on TV where I don't believe everything I see as it seems life is pretty much back to normal based on news clips.

[Adam Martin]

I think it will get extended again until fall and then again due to winter.  I think at the earliest we are looking at a year from now and then we are looking at an election year where politicians will be buying votes with our money again.  I really don’t see an end in sight.  While most tenants are current their fear of a waive of evictions is valid and once they start I think there are going to be some smaller landlord’s especially with sfh’s getting them out rehabbing and selling while the market is hot assuming it still is.  This will leave less inventory and the landlords that stay in are going to be much stricter on screening.  There is no way in hell someone who has been evicted will ever in their life be able to catch up on rents past due for over a year in some cases.  They will either require a bailout or most likely just go into bankruptcy and we will never see a dime of the money.  The stimulus packages have provided rent relief and for any tenant who hasn’t applied they have committed fraud when they said on the cdc declaration they are doing everything possible to pay rent and need to be relocated to subsided government housing in jail.  

[Jesse M.]

I think Jim K. is spot on with his prediction....will have to come back to this thread in a year and see what ended up actually happening.

We all know that government doesn't often voluntarily let go of power / rights / bureaucracy that they have taken or created.  Its a classic lesson of history, and those who ignore it are doomed to repeat it, as they say.

[Aj Parikh]

@Patti Robertson I found this information on this source. https://www.wric.com/news/poli...

Let me know if I am interpreting it wrong but it looks like the moratorium is extended in VA.

[Patti Robertson]

@Aj Parikh - It's not a moratorium extension exactly.  It's an extension of the 14 day notice and requirement to provide a payment plan option (for people who own 5+ units.)  Evictions are allowed now for non-financial reasons.  Evictions are allowed even for financial reasons if the tenant has not made a reasonable attempt to get approved for the multitude of grant money that is available. Evictions for financial reasons where the tenant has met their obligation to get assistance are prohibited until the Federal moratorium ends on June 30.  At this point we do not have a state order regarding evictions, just the Federal order.

[Aj Parikh]

@Patti Robertson Thank you for the clarification. This helps. 

[Tim Jacob]

I think it all depends on the virus.  If the death rate goes way down that should be it.  Obviously lines are already being drawn but at some point even the extreme left will need to recognize the economy is getting slammed and they need to stop it with the eviction ban.  

[Patti Robertson]

@Tim Jacob - Agreed. How do the decision makers not understand that their actions are hurting the very people they are trying to protect? Landlords are selling their single family rentals, taking them out of the available industry. The shortage of inventory from pent up evictions and sales is causing supply and demand to raise prices significantly, causing renters to be able to afford less.  This is simple economics 101, but congress doesn’t seem to understand it. 

[Alfred Litton]

The bigger lesson we should all learn from this episode is that small real estate investors simply don't have the political pull or the voice we need to make sure our interests are heard. No one lobbies for us. This has exposed the fact that we have no muscle with bureaucrats and lawmakers, unlike, say, the banking or home construction lobbies. 

[Curtis Mears]

@Jill F

Contact the overlords as only they know the answer.

[J.T. Economos]

@Aj Parikh

Good grief that is terrible, yikes

[Jeremy Marek]

@Alfred Litton you are spot on!

[Tammy Mason]

If they would just pay people directly and worry about taxing them on the back end if they didn’t really need it we wouldn’t be in this situation, but no, let’s give billions to the billionaires. I’m so thankful I have paying tenants but aside from the few taking advantage most people are just hurting. We need some help down here!

[Alecia Loveless]

@Jill F. Not sure about the moratorium but it needs to go! However bought a building 2 months ago and inherited “good” tenants and then had one not pay yesterday on the first. Sent her a polite reminder today as I was panicking about the non payment and within 2 minutes she was in touch saying she forgot she’d send it immediately let her know when I got it and within 10 minutes the electronic payment was in my possession. Yay!!!

[Chris Levarek]

@Jill F. We have had some small multifamily tenants not paying since last April in NC. 4 court appearances and still no luck getting traction. We'll find a way however and pivot our business. In fact, we already did. We aren't buying C class assets like we use to and now focus on B with less collections issues or occupancy variances. I think many property owners will be modifying just what they purchase and who they rent to going forward. 

That is the sad story in all of this.

In an attempt to provide relief to pandemic affected tenants, government has effectively ensured that affordable housing will suffer in the present and future. Why? 

1 - Non-paying tenants = non performing rent rolls and thus affect desirability for purchase. Less purchases of affordable housing or property, will often mean less renovations or improvements. Thus, less quality affordable housing being offered to tenants.

2 - Non-paying tenants = non performing rent rolls and less lenders lending on non-performing properties. Less purchases of affordable housing or property due to lack of funding or interest in non performing properties by lenders/investors. Thus, less quality affordable housing being offered to tenants.

3 - Non-paying tenants = Many will be Documented as non-paying once finally evicted. They will now face Future inability or difficulty to find quality affordable housing being offered to tenants.

In essence, this is the problem with government run real estate. We all know this doesn't work well, see Russian built housing back in the 1917 and the ultimate privatization of real estate in the 90s due to issues faced.

Is this an extreme? Of course and we are no way near that, however, I expect there will be repercussions for many years on pricing and quality of supply in affordable housing.

[Alfred Litton]

I can tell you that, in future years, I will be scrutinizing future applicants far, far more carefully than I even do now (which is VERY carefully already). 

And I will NEVER rent to someone who took advantage of landlords by simply not paying rent when they otherwise COULD have. 

[Shiva Bhaskar]

Just a thought: This is not just the decision of politicians. You've already had federal judges in Texas and Ohio find the moratorium unconstitutional. As we get into the summer, and things get back to normal, courts are going to hesitate to let politicians keep using the pandemic to kick things down the road. 

[Daniel C.]

It won’t be extended again nationally. The economy is about to take off, and this extension is because the stimulus that was but in place for landlords is only kicking in now. Some states are simply not good to own rentals in, but nationally this will be the last extension I believe.

[Jeffery Wilen]

@John Underwood

We’re in the process of eviction of a tenant for nonpayment in MD. Won’t have a problem doing it there, as the judge already issued the writ.

Everyone really needs to read the CDC statement, it requires the tenants to follow prescribed steps for the moratorium to be in effect. Many states, are just following the CDC and don’t have their own rules. However, as with all evictions not just during this mess, especially in tenant friendly locations, GET A GOOD ATTORNEY. It saves money in the long run.

[John Teachout]

Due to the eviction moratoriums, we have already made our move in requirements for a home more stringent and it is keeping some previously qualified people out. So there is going to be a significant downstream repercussion of this government action.

[Robert Johnson]

Does it matter if the moratorium is extended?  Once you've been mugged and financially raped, what difference does it make if the same people have the alleged legal authority to come back and mug you again?  Landlords have had their assets stolen in the greatest theft of property ever committed in history and now the docile question is asked, will the moratorium be extended?  That isn't the right question.  The right question is how are these power hungry thieves getting away with it?  You have rights and courts are beginning to recognize those rights.  The proper way to have done this would have been to set up an asset relief program similar to those formed after the 2008 meltdown.  Banks were protected and helped to liquidate bad assets.  Why are landlords being treated differently?  I'm sure by now many landlords showed goose eggs on their schedule E or whatever.  If the government has the power to do this the question isn't will the moratorium be extended.  The question is how can this happen under the Constitution of the United States. 

[John Underwood]

Originally posted by @Jeffery Wilen:

@John Underwood

We’re in the process of eviction of a tenant for nonpayment in MD. Won’t have a problem doing it there, as the judge already issued the writ.

Everyone really needs to read the CDC statement, it requires the tenants to follow prescribed steps for the moratorium to be in effect. Many states, are just following the CDC and don’t have their own rules. However, as with all evictions not just during this mess, especially in tenant friendly locations, GET A GOOD ATTORNEY. It saves money in the long run.

I've never used an attorney for an eviction in SC even for LLC owned properties. $40 is all it costs to file.