Florida Students Being Evicted Due To Landlord's Failure To Pay!

The Independent Florida Alligator (Gainesville, Florida) reports:

• "[University of Florida] anthropology senior Sean Reilly knew it was coming since January. And then one day in July, he said, the eviction notice was on his door. [...] It's a common occurrence - tenants don't pay and are subsequently evicted. But what's different about Reilly's eviction story, and the stories of other UF students living around Gainesville, is that his eviction came from the landlord's failure to pay, not his.

Reportedly, Reilly's foreclosed condo was owned by Jose Andrade of Weston, Florida, who at one point, owned 11 condos in the complex. He now only owns one, according to the story. The complex was a rental complex until a couple of years ago, when it was converted into condominium units, resulting in the units being sold off separately. Reportedly, the complex has gone downhill since the conversion. For more, see Property foreclosures leave tenants evicted.

For other stories on tenants unknowingly renting homes in foreclosure, go here, or here, or here. unwittingly equity skimming alpha