Mortgage relief and the Federal package. #1 takeaway:

Thankfully, the federal government has passed a package to help during the COVID-19 national emergency. While the media concentrates coverage on unemployment benefits, homeowners and owners of investment properties should be aware, protections have been put in place for you as well.
If you own a home, and are affected by the Coronavirus emergency, you can get relief from mortgage payments without penalties. IMPORTANT: you must call your mortgage company and make arrangements before you fall behind... do not wait! There are many options and protections, and the mortgage companies are still sorting out the details. Today is March 30. Make the call BEFORE your payments are late. Be aware: payment is still due- there is no "free money"!
Investment property owners: evictions are halted now, too. If your tenant has lost their job due to coronavirus, their rent is still due, but federal protections have been put in place for these emergency situations. If you have a mortgage on the property, contact your mortgage company sooner, rather than later, to discuss options.

#weareallinthistogether
#mortgage #billsdue #rentdue #morthagehelp #federalhelp #COVID-19 #coronavirus #realestate #realtor Do You Know A Family We Can Help?
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