This home was owned by a large mortgage company that attempted to turn some of the Bank-Owned (REO) assets into investment real estate.  We began managing rental properties for them in January 2017.  This home was offered for rent for $1,400 per month after substantial repairs were made through our Homeowner Concierge Service program.  The first set of tenants tenants moved in on July 31, 2017 at $1,400 per month.  They moved out at the end of their lease because of new military orders.  A second set of tenants was placed in the home on November 1, 2018.  Their rent was also $1,400 per month.  No utilities were included in the monthly rent.  The tenants paid for electric service, water and sewer service, trash removal, telephone, cable TV and Internet service.  The security deposit was $1,400 and was required when the application was accepted.  Pets were considered on a case-by-case basis, with an additional minimum $300 pet deposit.  They were limited to smaller animals.  The owner did not allow smoking inside the home.

We managed the home until December 29, 2018 when we made the business decision to terminate the relationship with the mortgage company.  This was done because the bureaucracy in the organization made it impossible to properly maintain the homes.

We Are No Longer Managing
204 Jennifer Drive, Indian Head, MD 20640

There are many reasons why a homeowner will remove their rental home from active management.  The two most popular reasons are that:

• The owner wants to sell the home based on a change in the Return on Investment (ROI).  This happens after many years of owning the home.  Selling is one of several options for the owner.
• The owner changes the home to a principal residence.  Sometimes an owner will begin living in a former rental home so that they can later sell it.  This is done to get tax advantages in the sale.

If you are thinking about buying a home in Charles County, we can help!  The first step is for you to take a few minutes to look at the current Homes for Sale in Indian Head, MD 20640.  You can contact us so we can arrange a time to meet with you.  We can discuss your specific property needs and help you to get started.  

Another part of the process is for you to look at the Homes for Rent in Indian Head, MD 20640 because these are your competition.  We can also work with you to Determine the Return on Investment (ROI) for your Rental Property.  Finally, we can help you find qualified tenants for your rental property.  We can discuss the Rental Listing Agreement with you and get your listing active quickly.

If you are thinking about selling a home that you already own, we can help!  The first step is to determine the Fair Market Value of Your Home.  When you answer a few questions about your home, we can perform the analysis and send you the results within a couple of days.