Taking over as receiver.: An article from: Journal of Property Management
Book Details
Author(s)Frank H. Livingston, Bill Van Senus
PublisherInstitute of Real Estate Management
ISBN / ASINB00092SMB8
ISBN-13978B00092SMB3
AvailabilityAvailable for download now
Sales Rank10,903,085
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Journal of Property Management, published by Institute of Real Estate Management on May 1, 1993. The length of the article is 1787 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Assuming the receivership of a property can be quite a challenge for property managers primarily because the short-term nature of receivership management makes it very different from traditional investment property management. Managers normally plan for the long-term, have a close working relationship with the owners, and designs the management program based on the goals and objectives of these owners. However, in a receivership situation, property managers must take the short view since they are only acting as caretakers of the property on behalf of the court until it is sold, foreclosed or redeemed in the near future. Using their experience and expertise, they must establish short-term priorities on which to base operational decisions. Receivership management can last for as short as a few hours or as long as a few years. In many cases, those managing property on a short-term basis end up managing the same property in the lender's REO portfolio following foreclosure.
Citation Details
Title: Taking over as receiver.
Author: Frank H. Livingston
Publication:Journal of Property Management (Refereed)
Date: May 1, 1993
Publisher: Institute of Real Estate Management
Volume: v58 Issue: n3 Page: p46(2)
Distributed by Thomson Gale
From the supplier: Assuming the receivership of a property can be quite a challenge for property managers primarily because the short-term nature of receivership management makes it very different from traditional investment property management. Managers normally plan for the long-term, have a close working relationship with the owners, and designs the management program based on the goals and objectives of these owners. However, in a receivership situation, property managers must take the short view since they are only acting as caretakers of the property on behalf of the court until it is sold, foreclosed or redeemed in the near future. Using their experience and expertise, they must establish short-term priorities on which to base operational decisions. Receivership management can last for as short as a few hours or as long as a few years. In many cases, those managing property on a short-term basis end up managing the same property in the lender's REO portfolio following foreclosure.
Citation Details
Title: Taking over as receiver.
Author: Frank H. Livingston
Publication:Journal of Property Management (Refereed)
Date: May 1, 1993
Publisher: Institute of Real Estate Management
Volume: v58 Issue: n3 Page: p46(2)
Distributed by Thomson Gale
