Reducing Vacancy Costs: How Strategic Property Maintenance Lowers Days on Market for SFR & REO Properties
For Single Family Rental (SFR) companies, property management firms, REO companies, and mortgage default servicers, prolonged property vacancies are a major challenge. Every day a property sits empty represents lost revenue, increased risk of deterioration, and mounting carrying costs. However, strategic property maintenance and preservation efforts can significantly reduce days on market (DOM), ensuring faster lease-ups and smoother sales.
Vacant and Delinquent: Best Practices for Securing a Property the Right Way
A vacant and delinquent property is more than just an empty house—it’s a potential liability. From squatters to vandalism, weather damage to code violations, an unsecured property can become a costly nightmare for mortgage servicers and default servicing companies.
At Reliance Property Services, we specialize in securing and maintaining vacant properties to protect assets, minimize risks, and ensure compliance. Here’s how you can secure a property effectively while preserving its value.
Do Vacant Properties Really Need Their Gutters Cleaned?
When it comes to managing vacant properties, including those owned by Single Family Rental (SFR) companies or those tied up in foreclosure proceedings, maintenance is often a key concern. With fall in full swing, one of the most important maintenance tasks that shouldn't be overlooked is cleaning out gutters. But the question many property owners and managers often ask is: Do vacant properties really need their gutters cleaned? The answer is a resounding "Yes!" Here's why.