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| A quick reference for residential investors from WILMOTH Group. Providing creative solutions, strategy, services and support in the residential investment community since 1994. |
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The Rental Owner's Duty To Avoid Foreclosure
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About ten years ago we frequently learned one of our owners was in default. The owner was collecting the rent proceeds and not paying their mortgage payment. Fortunately, this issue is not as common today. Occasionally it does still occur and the problems created caused us to take action. It is recommended that a well written property management agreement (PMA) addresses the issue of foreclosure. The suggested clause to be created in a PMA is the owner’s duty to avoid foreclosure.
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Why WILMOTH?
Anytime Reporting
How easy is it for you to monitor the performance of your property? Very! We offer over 20 different reports on-line to allow you to see your investments in many, possibly new, ways. Learn More
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Sell?
Since 1996 WILMOTH has been utilizing unique, creative, ways to sell residential real estate investment property. Our investment experience provides for the best exposure and fastest sales of residential properties! Learn More |
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| Questions? Own a property that is just not performing? Ready to increase your portfolio? Or just want to discuss anything? Let us know and we will get right back to you! |
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WILMOTH Group Residential Real Estate Property Management | Brokerage | Investor Services |
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| Plus many more services and features to make your leasing and management experience simple and your cash flow maximized! |
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