City Council has nothing better to do...

City Council has nothing better to do, than help big banks and realtors?

Posted in the Merced Forum

“Merced is the future ”

Since: May 12

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#1 May 19, 2012

“Merced is the future ”

Since: May 12

Location hidden

#2 May 19, 2012
Merced City Council eyes repeal of foreclosure ordinance
2011 city law helps keep renters in their homes

Roman Contreras has lived in his single-story house at Casual Court in North Merced for the past six years. He's paid his $1,000 rent on time each month to his landlord.

Six months ago, his family began receiving foreclosure letters from various banks about the house.

Thanks to the Merced City Council's passing of a 2011 ordinance that says foreclosure isn't a valid reason to evict a tenant, Contreras hasn't been forced to leave the home.

Roman Contreras, with daughters Kyerra, 5, and Chloe, 10, stands in front of the North Merced home he rents. The house was foreclosed upon, and Contreras hopes his family will be able to stay.

But now the council wants to take another crack at the law, which has been criticized by area real estate agents as an affront to private property rights. The council will review the ordinance during its meeting at 7 p.m. Monday at City Hall, 678 W. 18th St.

In February, Contreras' rental home was supposed to go to auction, but that was postponed. "I kind of found out it was going in foreclosure," he said, adding that his old landlord kept telling him not to worry.

Last month, the house was bought by a Sacramento company, AMA Construct, at a second auction. He was offered $1,000 to turn over his keys to the house, but he declined the offer, Contreras recalled. "We'll wait and see and hopefully be able to stay here," the 34-year-old said.

The new landlord gave him a notice to get out, saying he had 90 days from the day the house had been sold to vacate, which would be sometime in July.

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