Property Management Blog

You never know when you may lose power in your neighborhood or region. Though these events are often unpredictable, you and your family can be prepared. See the list below for suggestions on what to have on hand for the next power outage. Every household should have a first aid kit and every member of your home should know where it i...

The busy holiday season may not seem like a convenient time to have you home as an active listing. However, don't dismiss the idea of listing your home before the New Year so easily. Here are five reasons why you should consider putting, or keeping, your home on the market during the holiday season. Serious buyers. The potential home buy...

When viewing a potential home, it's important to pay close attention to how it meets your needs. Location, school district, outdoor space, the number of bedrooms and bathrooms are all criteria that may be high on your must have list. Do not be deterred by cosmetic details that can easily be changed. Current décor. Try not to g...

Don't be left with high heating bills when the temperature drops. Prepare for the fall weather with these heating tips. Set the thermostat timer. Set the timer on your thermostat to lower the temperature when you sleep. Also, if you are not at home most of the day, don’t waste money to maintain a high temperature during that ...

If your knowledge of appraisals is limited to the residential variety, there are a few things you need to know about commercial appraisals. “The time to complete a commercial appraisal is much greater,” said Ken P. Wilson, vice president of the Appraisal Institute. “The property inspection is much more detailed and time-consu...

In filing for eviction in the New Jersey Superior Court, Landlord-Tenant Part, a landlord must remember the relief that he or she is seeking is a judgment for possession of the leased property. To acquire a monetary judgment the landlord must file a separate action.  The Landlord-Tenant Part is not able to award the landlord a money judg...

The good news: According to the Mortgage Bankers Association, commercial mortgage originations were up 25% in the second quarter of 2012 from second quarter 2011 levels and up 39% from the first quarter of 2012. The bad news: “Currently, money is still tight for commercial loans,” according to Thayer Morgan, vice president of C...

Some buyers find themselves contemplating the purchase of a short sale, a property that sells for less than the balance its owner owes on the mortgage, despite the possible added complexities. If this is something that you are considering, please take note: Pro: A major advantage to purchasing a short sale property is the price. Ba...

Sellers cannot change the location, layout, or lot size of their property. However, one thing sellers have complete control over is the listing price. Although no seller likes to lower the price, in a buyer’s market, it is often the best catalyst to sell. Here are some indications you may need to lower your price. Remember, you h...

If you own or invest in retail space, it’s essential to understand the strategies behind creating the ideal tenant mix. After all, the success of your shopping center depends on your ability as a landlord to understand the demographics and needs of your market and then to attract tenants to serve those needs. That said focusing o...