About This Page
This page was released on April 28th, 2020. The main purpose of this page is to provide landlords and tenants the resources they need to navigate the new challenges we are faced with due to the COVID-19 crisis.
Dear Tenants and Landlords,
We put this page together as an information source for all of you. I want to remind everyone on both sides, including landlords and tenants that this is a difficulty time for everyone. Many people are unemployed, having trouble paying rent, many people are having trouble paying mortgages and it s very important that we all communicate with one another to be upfront about the current situation.
Some of the links, blogs, and videos below will assist you in navigating this problem. If you don’t find what you need please feel free to reach out to us.
-Anthony Lamacchia, Owner LPM
During this inconsistent and ever-changing time here are some recent resources to help you understand what is happening and keep you informed.
Understanding the intricacies of landlord-tenant interactions can be complex, as both sides frequently encounter a range of obstacles. Issues such as maintenance dilemmas, late rental payments, and communication hurdles can, if left unattended, put a strain on their relationship. Yet, by adopting a forward-thinking attitude and fostering mutual respect, many of these hurdles can be
As a landlord, it’s inevitable that at some point, disagreements with tenants will arise, regardless of your best efforts. However, most tenant-landlord disputes can be resolved amicably, ensuring satisfaction for both parties. Being proactive and keeping open lines of communication can allows you to address issues before they become real problems, while minimizing the chances
Lamacchia Property Management, a top property management firm in Massachusetts, is now bringing their exceptional services to Falmouth, MA, and the neighboring communities. This expansion brings their comprehensive suite of property management, financial, and interior and exterior services to property owners in the Cape Cod area. “We are looking forward to offering full-service property management
Tenants, be sure to keep up with the government-assisted programs that are being developed and passed to ensure financial aide to those in need.
As of Wednesday, March 25th, The Division of Banks on behalf of Governor Baker called for all regulated financial institutions to follow new guidance to accommodate borrowers who are affected by COVID-19 and cannot make timely payments. These actions include:
60-day postponement of foreclosures;
60-or-more day grace period for late mortgage payments that includes waiving late fees, online payment fees, and reporting to credit agencies;
Offering borrowers an additional 60-day grace period to complete trial loan modifications;
Ensuring the consistent availability of account management and customer service capabilities for borrowers, even if the mortgage servicer closes its office; and
Providing proactive outreach to borrowers explaining what assistance they offer.
If you are concerned about paying your mortgage, be proactive and contact your mortgage company right away. Many of them are allowing delay of payments until summer without impacting credit. Be sure to CONFIRM DIRECTLY WITH THEM and don’t take it from us.
Landlords, be sure to keep up with the government-assisted programs that are being developed and passed to ensure financial aide to those in need.