Property Management Firms Can Ease the Strains of Operation

Property Management Firm pic

Property Management Firm
Image: sqftrem.com

Stephen J. Izzi owns and operates Square Foot Real Estate Management, LLC. Stephen J. Izzi’s company provides property management and associated services to clients with commercial and residential real estate holdings in New Jersey and Pennsylvania.

Property management firms can be beneficial to property owners and landlords on several levels. First, they allow a buffer between these entities and tenants. In the event that a tenant fails to pay rent or needs to be evicted, management companies are responsible for ameliorating the situation for the owner or landlord.

Ease of operation is another reason to hire a property manager. Limited time or a large volume of rental units can create an overwhelming workload, and owners or landlords may turn to a property management service for assistance. Property managers also may take on responsibilities like screening applicants for occupancy, pursuing remediation in regard to repair costs that tenants are responsible for paying, and maintaining tax and legal records.

Title Insurance – A Necessary Part of Real Estate Transactions

Title Insurance pic

Title Insurance
Image: stewart.com

Stephen J. Izzi owns Northeast Executive Abstract Agency, Inc., now located in Jenkintown, PA. Stephen J. Izzi founded the company in 1993 to provide title insurance services for buyers, sellers, lenders, agents, and brokers who are purchasing or refinancing real estate.

Title insurance is designed to protect both lenders and buyers in real estate transactions in the event of defects with or liens against a property’s title. The process for obtaining title insurance is actually twofold, and a service provider can ease the process for buyers and lenders.

A title insurance service company must first examine property records to rule out things like fraud, liens, or undisclosed heirs on a deed. Barring any discoveries of this type, the seller is deemed able to sell the property. The company then enlists an underwriter to issue the actual policy. A title insurance policy should be sufficient to pay to defend the holder in a court situation if the title is challenged.