Homeowners behind on their mortgage payments who aren’t forced out will still be displaced if selling is their only option, and an estimated one in ten10 borrowers in forbearance will not have enough equity to sell.
There may be an apartment across town where the rent is lower, but when you consider the cost of a new deposit, utility transfer costs and moving truck fees, among other expenses, you may not be saving money after all.
AFFORDABLE HOME OF THE WEEK | The main level includes hardwood floors, a living area with a bay window and a galley-style kitchen with granite counters, a window at one end and a pass-through opening to the living and dining area.
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