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Charlotte NC|For Those of You Considering Renting, Consider This…

May 14th, 2008 Listed Under: FAQs About Charlotte

What if you are renting and your landlord goes bust? What happens to you?

from Forbes.com

“It’s not just single-family-homeowners who can’t make their mortgage payments these days–landlords are busting out, too. Approximately 38% of all U.S. properties foreclosed between October 2007 and January 2008 were non-owner-occupied buildings (likely implying that the owner was an off-site landlord), estimates RealtyTrac, an Irvine, Calif.-based foreclosure-tracking service.”

Here for the rest of the When Landlords are Foreclosed from Forbes.com

Here are 7 slimy landlord schemes to watch out for, also from Forbes.com

In Pictures: Seven Slimy Landlord Schemes

Kudos to Forbes on this important topic… As always if you are planning or considering a move to Charlotte, please don’t hesitate to call me direct at 704-351-1519 TerryMcDonald

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Terry McDonald
I'm the owner/team leader of The McDonald Group at Wilkinson and Associates ERA Powered real estate brokers here in Charlotte NC. A transplanted Washinghtonian, my family and I came from the NYC area in 1993.
Terry McDonald
Terry McDonald

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  1. Olan Carder

    Great information. People need to think about this. I have a family member right now that is being jerked around by her landlord.

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The McDonald Group
Wilkinson and Associates ERA Powered
8604 Cliff Cameron Dr ST 110
Charlotte NC 28269
704-390-6221 Cell
704-393-0048 Office
Licensed in NC & SC
USAA Certified
ERA Luxury Home Certified

Charlotte Communities Online

Terry McDonald [email protected]   704-351-1519

Bobby McDonald [email protected] 704-351-1519