The Local Records Office Predicts Apartment Rental Prices Will Continue to Drop But Evictions Will Go Up
Local Records Office in Indianapolis, IN anticipates apartment rent prices and mortgages will continue to fall into the New Year. Due to COVID-19 millions of Americans are unemployed and on the verge of being evicted. Even with programs like the Emergency Renters Assistance Subsidy Program that the government set up to help renters struggling to pay rent, many tenants are still facing financial hardship.
The Local Records Office is seeing a drastic rise in evections across Marion County. Primarily in lower-income areas with Latino and African American tenants. While other renters who haven’t made rent payments in months expect to get an eviction notice any day. Others are also facing the issue of getting daily meals.
Landlords Are Getting the Short End of the Stick
The reason why apartment rental prices are falling is that people are moving out of somewhat nice apartments due to the pandemic. In Manhattan median rents dropped 7.6 % in August. While in Brooklyn, apartment inventory was down 84.2 %. Other renters are being forced to move back home while others don’t have another option.
Due to some landlords not obeying the government rules of not evicting tenants at this time. Unfortunately, sleeping in the streets is what some people have to do.
A large number of landlords are suing the government complaining that renters are taking advantage of the coronavirus pandemic and not paying rent on purpose. Landlords are also saying they are getting the short end of the stick since there isn’t much government assistance for landlords and property owners.
With Surveying Months of Uncertainly for Apartment Renters
The thousands of renters who have received eviction notices during the pandemic. Still, with no guarantee, they can stay another month or even another night. A private survey by a local Indianapolis homeless charity Shelter saw that more than 155,000 private tenants were threatened with eviction.
The Local Records Office is noticing a pattern of people being evicted is causing an overcapacity problem and a food shortage at local shelters across Indianapolis and the state of Indiana.
Local Records Office Interviews a Single Mother Who Has Recently Been Evicted From Her Indianapolis, IN Apartment
Grace Rese, 31, is a resident of the city of Indianapolis, IN. Grace, has recently been evicted from her two-bedroom apartment where she and her 5-year-old son used to live.
“I lost my job at Crunch Fitness in Martinsville, IN back in April right after Governor Gavin Newsom ordered all gyms and fitness centers to a temporary close,” Grace told the Local Records Office.
“At first, we all thought it was temporary. Probably for a week or maybe a month but when months kept going by and gyms were still on lockdown. That’s when I started seeing eating through my savings and started to get worried. I had to feed my son one way or another so I went to a local food bank to get groceries. Unfortunately, that only helped for a day or two since my gas and hot water were disconnected for not being able to pay my bills. After that I saw an eviction notice on my front door, this is when things went from bad to worst.” Grace told the Local Records Office.
The Local Records Office looked into the eviction case and called Pacific Coast Property Management (PCPM) in Indianapolis, IN. Multiple voicemails and emails were left but Pacific Coast Property Management never returned any calls or emails.
Illegal Immigrants Are Being Hit the Hardest
Undocumented immigrants are seeing the darker side of the COVID-19 pandemic. Agents are seeing a large number of cases in Indianapolis, IN, and all across the United States. Low-income immigrant families are being hit the hardest due to some of the programs requiring renters to have some sort of identification or legal status. Being able to find a decent apartment and being able to rent it as an illegal immigrant is a challenge on its own. However, some people still ask the question “How do illegal immigrants rent an apartment?”
Illegal immigrants are not able to apply for unemployment. Since the Employment Development Department State of Indiana (EDD) requires legal status and a valid social security number.
Advice for Tenants Under Threat With Eviction
This list shows what renters should do when being threatened with eviction.
- If you think you might be under threat of eviction you need to start collecting evidence. Evidence might include receipts, copies of money orders, and paycheck stubs (if any).
- Copies of emails, text messages, letters, or any communication made with the landlord or management office.
- Request a copy of the notice or court order. Evictions need to be submitted through the local court first before giving a tenant an eviction notice.
- If you or anyone you know is struggling to pay rent you need to talk to your management office. The landlord needs to be notified immediately about your financial situation.
- Tell your landlord or management company how you plan on making payments on your arrears.
- Apply for rental assistance programs your county or state offers. Some rental assistance programs will pay up to $1,000 a month. While others will pay up to $1,000 on past rent.
- Only perform emergency repairs at this time. Only repair things that need to be repaired like the clogged sinks, or toilet, and broken windows. For bigger repairs make sure to call the landlord of the maintenance company. Smaller problems like a squeaky floor can wait.
This is How the Local Records Office in Indianapolis, IN Helps Homeowners and Renters Across the United States
Local Records Office also known as LRO helps new homeowners by generating a detailed title report that will help the property owner determine if to sell or keep the property for longer. The report includes various topics like demographics, in-depth history details, a copy of the original deed when the property was first built, and much more.
Getting your hands on a detailed report was almost impossible since most reports offices only had limited information. But all that changed when the Local Records Office came into play.
The Local Records Office works closely with records offices across the United States. When obtaining the property’s address the Local Records Office goes to work with local counties and realtors.