I took a 30 yr fixed FHA loan in August 2008 and became a homeowner. Now I need to relocate outside the country for a year. Since the market is not

Asked by RM73, Naperville, IL Tue Jan 5, 2010

good yet, I was thinking of giving it to a Property Management firm to look after while I am gone.Is it a good idea to go through them or realtors. Any suggestions ??? Thanks.

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4
Inaas Arabi, Agent, Naperville, IL
Tue Jan 5, 2010
Hey RM73,

thanks for your question, you can use both Realtor and Property management firms, it is all about what you really want to be done. a realtor will be able to find you tenants and possibly sell the home for you when the right time comes, however property management firms may help you in collecting rent and work on any tenant issues weather it is maintenance, financial and or logistical.

In my opinion the best bet is to find a realtor who is doing both, Real Estate and Property management, this way you get the best of both worlds be careful there isn’t a lot of these people and if I were you I would interview and check them out carefully.

Good luck with your move and don’t worry based on what you suggested in your question, you seem to be making the right decision.

Thanks,
Inaas Arabi
RE/Max of Naperville
Web Reference:  http://www.MyTop10Homes.com
1 vote
Sean Morriss…, Agent, Aurora, IL
Tue Jan 5, 2010
RM73 -

Based upon your position, you may be interested in checking out your options on this website:

http://www.hopenow.org

It is a resource page for folks in similar situations as your own who may be able to refinance or look into other options before you put the home on the market for sale or rent.

From here, if you decide to rent, I would consult this website for property managers:

http://www.allpropertymanagement.com

You will find several property management sources that you can screen individually.

Finally, I specialize in assisting homeowners in renting their home (if that is the best option for them). My website is:

http://www.chicagolandleasingservice.com

Feel free to e-mail/call with any additional questions.

Sean Morrissey
Associate Broker/Short Sale and Foreclosure (SFR) Certified
Keller Williams Fox Valley Realty
630-881-7082
0 votes
Rich Knapp, , Naperville, IL
Tue Jan 5, 2010
Hi,

A property management company is your best bet.

Good Luck,

Rich Knapp
Web Reference:  http://www.RichKnapp.com
0 votes
Rich Knapp, , Naperville, IL
Tue Jan 5, 2010
Hi,

A home security or property management company is your best bet.

Good Luck,

Rich Knapp
Web Reference:  http://www.RichKnapp.com
0 votes
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