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sandy rudulph
  • Female
  • Birmingham, AL
  • United States
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sandy rudulph's Discussions

Owner Foreclosures

Started this discussion. Last reply by Karen McDaniel Aug 3, 2010. 3 Replies

 

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Latest Activity

Karen McDaniel replied to sandy rudulph's discussion Owner Foreclosures
"I know there's a way that a person can be notified if a property goes in default. I believe your name would have to be on record with the county court house as being one to notify if property had a "notice of default" recorded against…"
Aug 3, 2010
Karen McDaniel replied to sandy rudulph's discussion Owner Foreclosures
"In this economy, owners walking away from their properties is just another part of the overall beast in this market today. Most of these owner did not want this to happen and most would be willing to renegotiate mortgage terms if it were at all…"
Aug 3, 2010
Jeremy Tallman replied to sandy rudulph's discussion Owner Foreclosures
"The PROTAFA regulations protect tenants with a bona-fide lease. It's not ideal, but tenants are able to stay in the property through the terms of their lease, even if the Owner changes hands. As for collecting management fees... good luck with…"
May 5, 2010
sandy rudulph posted a discussion

Owner Foreclosures

With all the financial problems out there, we are now running into owners who are not paying their mortgage and letting the house foreclose.  Of course, this becomes an unconfortable situation for the tenants when someone knocks on their door informing them someone else now owns the house.  How have all of you handled this?  Has anyone come up with a method of protecting their company from owners who do this.  Would love to have some input from all  you experienced property managers.  Thanks
Apr 19, 2010
sandy rudulph replied to Karen Dvorak's discussion How do you deal with Owners with unrealistic expectations? in the group Residential Rentals
"That's a tough one. We all deal with this everyday. I try to keep in mind that this owner is probably really hurting for money in this economy. Also, we get a lot of houses that have been on the sales market and have not sold. I first tell them…"
Sep 26, 2009
sandy rudulph is now a member of Let's Talk Property Management
Jul 12, 2009

Profile Information

What do you do?
property manager
Website Address
http://srudu@aol.com
Company Name
rudulph real estate
Additional Website?
http://rudulph@aol.com
How many units do you own or manage?
375

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At 7:21am on July 12, 2009, Dee Allomong said…
Hi Sandy!

Thanks for joining the LTPM Community! It will be fun to get to know you better. How did you find out about the community?

Welcome!

Dee Allomong
 
 
 

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