Experienced Receivership Management
We Have Managed 26 Receivership Properties
Sacramento Metropolitan Area & Northern California
A declining real estate market and an unstable economy require that a lender be involved at the first sign of a problem loan. A problem loan can become a devalued property very quickly. Lack of repair and maintenance, misuse of rents, miss-appropriation of security deposits, incomplete work, and ADA requirements are overlooked. These are just a few of the serious problems that a lender is confronted with today. Under these circumstances, a lender would want their asset loan protected and could only do so under a Court Appointed Receivership. We have long standing business relationships with qualified and reputable companies that can respond quickly to the needs of a Receivership.
▪Take possession and control over the property | ▪Identify and address all liability issues |
▪Provide a full inspection of the property | ▪Meet with Tenants and list Concerns |
▪Provide Proper Notification to Tenants & Vendors | ▪Review Lease Agreements |