Property Management Blog

Sunday, August 12, 2012

Condominium Association Foreclosures: Why Not?
The New Jersey Condominium Act provides that where a unit owner fails to pay common expense assessments, a condominium association may foreclose in the same manner as a mortgage lender.  However, one might ask why a condominium association would choose to foreclose when the subject unit is worth very little and most likely encumbered by ...

Saturday, August 11, 2012

Tips for planning your summer travel on a budget
Plan that summer vacation without breaking the bank with these travel tips. Research. Compare hotel and flight prices, call and ask about any unlisted discounts. Be flexible. The most expensive days to fly are Mondays and Fridays. Plan your trip on the off days, and consider connecting flights instead of direct, or early flights...

Friday, August 10, 2012

Help Prevent Home Water Damage This short YouTube video shows homeowners how to identify leaks, which could lead to cost savings on their water bill and potentially prevent severe damage.   Daryl Laglia

Friday, August 10, 2012

What to look for during final walkthrough
The final walkthrough provides buyers an opportunity to confirm the completion of any repairs the sellers agreed to and ensure the property is in the same condition it was when their offer was accepted. New owners should pay close attention to detail to avoid costly oversights. Here is a checklist to guide you through the final walkthroug...

Thursday, August 9, 2012

Decked Out
Outdoor living has become a valued commodity in luxury homes. Backyard space has evolved from small wooden decks to functioning outdoor kitchens, infinity pools, cabanas, outdoor fire pits and more. As outdoor living space has progressed into an extension of the home, families spend more time in the space. Patio and decking materials have...

Friday, August 3, 2012

Work Smart not Hard
When planning any project you should take a few moments to really plan it through, consider all your options and organize all the steps that need to be taken before the project begins. Begin with deciding the details of your project and thoroughly discussing these details with any and all parties who will be involved in your project.  O...

Tuesday, July 31, 2012

New Report Shows Family Rental Markets with Highest Returns
Family Rental Markets have Highest Returns There's some good news for investors in single-family homes—particularly if you choose to rehab and rent, rather than sell, them. A recent report by CoreLogic, a Santa Ana, Calif.-based provider of consumer, financial and property information, provides some insight into the single-family re...

Thursday, July 26, 2012

Five Tips for Hiring a Qualified Contractor
Hiring a Qualified Contractor Planning a renovation? Whether you’re gutting a commercial building, subdividing retail space, rehabilitating a foreclosure or converting Class B apartments to condominiums, you’ll need to hire a builder or contractor. But before you jump into your project, you need to hire the right contractor...

Wednesday, July 11, 2012

Presuit, Lawsuit and Beyond: An Overview of the Collection Process
Our office believes the collection process serves a dual purpose.  The primary and obvious purpose is the actual collection of the unpaid funds.  Naturally, the collection of unpaid funds is the cornerstone of any business. Without an effective collection strategy your business will struggle to survive and reach its maximum potential...

Tuesday, July 10, 2012

Life Insurance After Divorce
Most people buy life insurance to help family members stay financially secure after the policyholder’s death. Yet, when a marriage ends, the topic of life insurance is too often overlooked. These five tips can help you and your soon-to-be-ex discuss important changes to your policies before you sign the papers: Read the divorce agr...

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