In the greater Sacramento area we have seen huge changes in the asking rent for available properties. The demand for available properties and the asking rent has increased significantly. At Horizon Properties, we are committed to keeping your property competitive and tenant occupied.
Free Rent Analysis
Our Free Rent Analysis is the first step in understanding how profitable your rental property may be. If you are considering property management for your property or seeking to increase the rent to meet the market, allow us to provide a Free Rent Analysis to you.
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Whether you are looking for management services, need a tenant for an available property or are looking for a rental home, Horizon Properties is here to serve. Take some time to get to know us, our available homes and our management services today, and let us help you make an informed decision about your rental needs.
Over the last few months, we have noticed a huge increase of falsified documents submitted by applicants . With the wide range of technological opportunities, it has become easy for applicants to create fake pay-stubs, bank statements and rental references. “According to industry studies, 80% of fraudulent incomes reported in lending applications actually are really misinterpretations in the original form. This said, customers with no financial source of income or with low income, can find an alternative to faux pay stubs to qualify for a loan” or rental homes. “A number of video websites have surfaced that can teach anyone with a little interest how to create counterfeit pay stubs to get a clear pass.” With this risk, it has become critical that property management companies be extremely vigilant in verifying, and in some cases re-verifying application documents submitted by applicants. In doing so, the turnaround time for application processing has almost doubled. “Income fraud is the easiest to perform and the most difficult one to be identified by the lender, but before going any further with this process, one must know that creation of any such phony pay stub is illegal and absolutely off limits! This can result in a misdemeanor and/or felony and can cost offenders incarceration and/or fines.” Applicants are often unaware of the repercussions associated with such fraud and believe a denial of the application may be the only consequence they could face.
Negotiating a fair price
Always make sure you compare apples with apples when getting any work done. Our regular house painter had been with us for 14 years when he quoted $1200 to paint a newly-vacant house. As with all our vendors, he has a license and insurance. The owner of the property was not happy with the estimate and found someone to do the work for $200 less. When we inspected the house after the painting was finished, we found that the insides of the closets and the ceilings were not painted. It appears that the owner was taken advantage of because our painter’s bid would have been far lower if he only had to paint the walls. Make sure that when you get multiple estimates they provide numbers as well as details so you can make sure you get what you pay for.
At Horizon Properties we are always seeking qualified vendors who provide fair estimates and quality workmanship to serve your needs. Our ongoing inspections keep you up to date on any necessary or cosmetic repairs you may need to know about. Our vetted vendors, many who have been doing work for Horizon Properties for more than 10 years, will benefit you when it is time to make a decision about work needed at your property.
