Linda Writes In And Asks “Should We Sell Our House Now Or Hold Out For More?”

Question: Dear Steve, Last year we put our house, which is paid for, on the market, expecting it to sell quickly and purchase another house with a mortgage. Our realtors lower the price by $75k to sell it, but we feel that won’t give enough to invest for our retirement. Would we be better off … Read more

Tenant Screening Firm Failed to Produce Accurate Background Reports

A California-based company that provides background reports to property management companies will pay $4.25 million as part of a settlement with the Federal Trade Commission over allegations the firm failed to follow reasonable procedures to ensure the accuracy of its reports about potential tenants. In a complaint filed by the Department of Justice on behalf … Read more

Prosecutor Fired for Speaking Out Against Jail Time for People Who Fall Behind on Rent

An Arkansas prosecutor has been fired after speaking out against the state’s criminal eviction statute in an October ProPublica story. Garland County deputy prosecutor Josh Drake was let go from his position on Oct. 31 by Michelle Lawrence, the prosecuting attorney. Arkansas is the only state where landlords can file criminal charges rather than civil … Read more

Sharing Expenses with Roommates

Living with roommates can be both a blessing and a struggle. After all, teaming up with a roommate could mean a bigger apartment with a little more space. If you’re lucky, roommates can sometimes even turn into built-in friends—people who will be there for you at 3 am when you need to cry on the … Read more

She Was Sued Over Rent She Didn’t Owe. It Took Seven Court Dates to Prove She Was Right.

In August 2018, Chermire Gladden sat on the dark wooden benches in Maryland District Court, waiting her turn as a judge churned through more than 90 cases filed against public housing residents. Gladden had informed the Housing Authority of the City of Annapolis two months earlier that she wouldn’t be able to afford the $604 … Read more

20+ Million Renters Facing Eviction

Forget the idea that we can’t let facts and science guide a logical response to the current pandemic. Let’s put that aside. What is clearly an imminent threat is the closing window of public support through unemployment assistance or eviction forbearance that has helped many people through these difficult months while they await a return … Read more

FTC Wins $5.2 Million Judgment against Defendants Who Tricked Consumers with Ads for Non-existent Rental Properties and ‘Free’ Credit Reports

A federal judge has ordered Credit Bureau Center, LLC and its owner, Michael Brown, to pay more than $5.2 million to return to consumers, to resolve FTC charges that they deceived people with fake rental property ads and deceptive promises of “free” credit reports, and then tricked them into enrolling into a costly monthly credit … Read more

They Say I Owe More Than I Think From an Old Apartment Lease

Eclipse Apartments

Question: Dear Steve, I owed an apartment complex $800 in 2012. I completed the lease but they kept my deposit and charged me an additional $800 for replacing the carpet and cleaning the garage which had stains on the floor. I tried to pay it but recently when I inquired, they sold the debt to … Read more