As Property Managers how can we protect ourselves from owners going into foreclosure?
We can add verbiage to our management agreement requesting a recent mortgage statement. Remember when dealing with the tenant's security deposit to get the owner's request in writing.
Above all keep in mind, as agents we do have a fiduciary responsibility to have integrity, be honest, and loyal.
Alexandra Machado
Property Manager
916.429.1205x700
Home Pointe Property Management
www.HomePointe.com
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