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Monday Market Update: UPDATE on the COVID 19 Foreclosure Moratorium

Due to the Facebook outage yesterday, my usual Monday Market Update this week turned into a Tuesday Market Update! Last week, I provided some information on the COVID 19 Foreclosure Moratorium that ended on Sept 30th. Now that the moratorium has officially ended, it seems like most (not all) banks, depending on the type of loan you have, are allowing payments missed due to the COVID forbearance to be placed at the back of their loan, meaning they will be able to start new and those missed payments will eventually be paid later on. And of course, contact your bank to learn what your options are. If you still have questions or want more information, give us a call!

Lisa Doyle REALTOR® | DRE# 01149880
The Doyle Team with Sereno
[email protected]
925-890-7443