Rentals and Foreclosures
Renting from landlords without confirming their stability can be risky
Are you tired of the way you are living? Are you fed up with being evicted because your landlord did not pay his or her mortgage? You aren't the only person or family this is happening to. Ever-increasing difficulties will continue to face our economy as mortgage rates rise due to many creative loans granted to property owners. In the event you do not go through due diligence, you could be making a huge mistake. We are unable to establish a market base due to the volatility of the market. Either unit owners are well secured; in turn, they decrease rents drastically. Sadly, some owners aren't capable of paying the mortgage and just pocket the money.
Rather than searching for a home on your own, you can use a property management company to assist you in finding a place to rent. This does not confirm that the landlord is not going to default on their mortgage; but you can decide to rent from a property manager that manages on behalf of the individual unit owner.
Our property owners go through an application process as well. We must make sure we secure our position with the landlord prior to renting. We look at the mortgage securing the unit, the appraised value of the unit, and lastly the work history and financial stability of our prospective client. This enables Sentry Property Management Service, Inc and Unlimited Home Watch Services to represent the prospective renter as well. You know as a landlord that we will exhaust all efforts to protect your home, and as a tenant, you will find your ideal home.
Remember, be careful about some owners pocketing your rent and allowing the mortgage to go into default. Make yourself aware of your surroundings, not all property owners are in this financial situation but it is a situation you must be aware of prior to renting.
1 rate Rather than searching for a home on your own, you can use a property management company to assist you in finding a place to rent. This does not confirm that the landlord is not going to default on their mortgage; but you can decide to rent from a property manager that manages on behalf of the individual unit owner.
Our property owners go through an application process as well. We must make sure we secure our position with the landlord prior to renting. We look at the mortgage securing the unit, the appraised value of the unit, and lastly the work history and financial stability of our prospective client. This enables Sentry Property Management Service, Inc and Unlimited Home Watch Services to represent the prospective renter as well. You know as a landlord that we will exhaust all efforts to protect your home, and as a tenant, you will find your ideal home.
Remember, be careful about some owners pocketing your rent and allowing the mortgage to go into default. Make yourself aware of your surroundings, not all property owners are in this financial situation but it is a situation you must be aware of prior to renting.