What's the Truth About Downpayments To Buy Your Mt. Hood Home?
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(January 1, 2021)
House Bill 4401, which was passed December 20, 2020, extends the eviction moratorium through June 2021 and creates a $150 million compensation fund for rental property owners, as well as another $50 million for a tenant fund to be used for rent. The owner compensation fund will be available to any rental property owner who is owed back rent, though it will require forgiving 20% of the rental debt.
The bill will require tenants to sign a declaration that they have been impacted by COVID-19 in order to delay rental payments. If they do not sign, they may be evicted with 10 days’ notice.

If you are buying in todays market on Mt. Hood with multiple offers on nearly every property that comes for sale between Government Camp to Brightwood, you'll need to have this information to make that purchase.
![Winning as a Buyer in a Sellers’ Market [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2020/12/08151044/20201211-MEM-1046x2448.png)
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