Weichert Makes Managing Properties Hassle-Free for Prospective Investors

MORRIS PLAINS, N.J. – April 26, 2010 – (RealEstateRama) — Low interest rates, record affordability and the likelihood of home prices on the rise look like the right recipe to entice perspective investors into real estate. However, the responsibility of managing those properties and becoming a landlord after the purchase is enough to keep many investors at bay. Weichert, Realtors Property Management division offers services that can take care of the hassles that come with owning a property for investors as well as dual residency and vacant property owners.

“Weichert’s Property Management division provides investors who either don’t have the time to manage properties or don’t want the hassle of playing landlord a workable solution both before the rental and after a tenant moves in,” said Nancy Palazzo of Weichert Property Management. “Our services allow property owners the peace of mind that all concerns and obligations related to caring for a property are correctly and promptly taken care of under the trust of the Weichert brand.”

Since most property owners prefer to rent to someone they know and trust, Weichert Property Management can help ease investors’ concerns by taking care of the pre-rental process. The company can establish fair market value for rental units, market the rental to obtain prospective tenants and verify employment information. Additionally, Weichert Property Management can perform credit checks for all prospective tenants and prepare legally-approved leases for signature by tenants.

For property owners who would like the peace of mind in knowing their tenants’ rent is paid in-full and bills are paid on-time, the company offers services to receive and process monthly rental payments. Weichert Property Management can make authorized disbursements for landlords like mortgage payments, insurance and property taxes. The company can also act as a point of contact for tenants on all matters like arranging for appropriate repairs that might be authorized by the landlord.

Palazzo oversees Weichert, Realtors Property Management in North Jersey and can be reached at 973.359.8304 or npalazzo (at) weichertrealtors (dot) net

Weichert has nearly 18,000 sales associates in approximately 500 company-owned and franchised sales offices in key markets throughout the U.S. A family of full-service real estate and financial services companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance. For more information, Weichert’s customer service center can be reached at 1-800-USA-SOLD or at Weichert’s Web site, www.weichert.com. Each Weichert franchised office is independently owned and operated.