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More evil on the foreclosure front

Some renters lose their heat after apartment foreclosures:

New mortgage-company landlords in some foreclosed Boston apartments haven't made needed repairs or paid for heating oil.

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Comments

Eminent Domain

If you don't take care of your buildings and honor leases with tenants and the courts are wasting time on your negligence, the City and State will give you something to respond to.

Sure, it would take some money and time for the city and state to get the situation under control, but then the city and state could eventually sell the buildings. In the meantime, they will not have to pay for the consequences of these people not having heat when common utilities legally entitle them to have the landlord pay for them.

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I mean really.....since when do they think they can do this to people, especially poor people who're already in desperate straits as it is, without such stuff going on? It's just plain disgusting, imho. A disgrace.

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The state legislature should pass a law imposing a 2 or 3-year freeze on any foreclosure of any residential building that has tenants. The existing landlord-tenant relationship would remain in place during this period; the tenants would continue paying rent to the landlord, and the landlord would remain responsible for providing services.

If this causes any banks to fail -- well, that's why we have the FDIC.

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However...Not to excuse and defend this kind of unconscionable behaviour on the part of Mortage firms, etc., but this is something that's also going on throughout the country...the worst crisis in ages. it's sickening.

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Comrades, I agree with your economic policies wholeheartedly. Do svidaniya!

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To the gulag with any "Bankers", "Bourgeousie", and other Enemies of the People whose cruel and unbridled pursuit of profit (or loss-limiting) leads to foreclosures.

Next: All property administered by the government! No more cold or homeless anywhere!

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If a landlord can't afford to make their mortgage payments, its a good bet that they can't afford to take care of the building (or pay for common area utilities) either. When a property is foreclosed on it becomes the bank's responsibility to take care of the property. To the extent that the bank fails in that role, they can be taken to court just like a landlord.

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These bottom-feeders seemed to be intentionally
messing with the remaining tenants, in order
to get them to leave on their own so they
have empty buildings.

The idea of some poor pregnant woman heating
her apartment with extension cords and space
heaters is truly frightening, both for her and
any other remaining tenants.

Governor Patrick (ex of subprime lender Ameriquest
thank you very much) needs to add this to his agenda
right up there with casinos.

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If the state allocated an emergency fund, could the city deal with scofflaws by getting the repairs done, getting the tanks filled, and placing liens on the properties for the cost of repairs and fuel plus a percentage for administrative overhead? Could enabling legislation permitting this be passed if there isn't sufficient legal structure on the books? (I know some large cities will clear a property or repair a hazard and send a bill or place a lien on the property if things are not kept safe).

I think that some corporate asshat should be dragged from his bed by the police and thrown into a cold jail cell for contempt of court too.

I wonder if that would get these corporate asshat bastards off their duffs?

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n/m

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If shoveling the sidewalks is the owner's responsibility (despite that stupid city councillor), do foreclosed properties get shoveled after snowstorms, or are they just a blight for the neighbors to deal with?

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(Central Square) the non-owner occupied
houses typically require the assistance of
a sherpa to negotiate the associated sidewalks.

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