12 Families In Milwaukee Rental Building Avoid Boot As Foreclosing Lender Turns On The Gas

In Milwaukee, Wisconsin, WTMJ-TV Channel 4 reports:

• An orange notice is tacked up on the main entrance to 6372 N. 89th Street. It informs tenants of the 1970’s era apartment building they must be out by September 5. [... Oscar] Jordan said he has always paid his rent on time. His gas is supposed to be included in that rent, but eight days ago, the gas was shut off. Seems the landlord, embroiled in foreclosure proceedings, stopped paying the gas bill. Without gas coming into the building, the city deemed the structure uninhabitable. “A lot of people in here got kids,” Jordan said of the eleven other families sharing the building. “You can’t buy school clothes and then turn around and relocate, pay rent, security deposit.”

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• Late Tuesday, tenants may have earned a reprieve. A representative of Waterstone Bank, which holds the note on the property, told Jordan the institution is taking over the property and indicated the gas would be turned back on.

For more, see 12 Families Facing Eviction.

For other posts involving the problems tenants face in rented homes in foreclosure, go here, go here, go here, go here, go here, go here, and go here. TenantRentSkimmingAlpha