This is the official web blog for Kenthill Townhomes. We are near SE 256th St and 108 Ave SE in Kent, WA 98030. The purpose of this webblog is to improve communication at Kenthill Townhomes. I will be posting information, questions & answers, and photographs. Be sure to click on "Archives" for previous months postings. This website was first installed in 2005. It being 2010, I felt it was time to make some upgrades (style, color, format, etc.). Try using the new search field!
Search this blog!
Wednesday, March 11, 2009
Delinquencies, foreclosures, and bankruptcies
The property management company that handles Kenthill Townhomes is Suhrco Residential Properties, LLC. Suhrco employs numerous property managers who manage properties throughout the Seattle through Auburn area. Each property manager is typically responsible for approximately 12 properties. Recently, the property manager for Kenthill Townhomes made a statement regarding the current financial crisis affecting our region. She said that she is currently spending an ever increasing amount of time managing and keeping current over five hundred delinquencies which cover all of the properties she is managing (only one of which is Kenthill Townhomes). A huge number of these are foreclosures and bankruptcies. She said it was quickly becoming a full time job, keeping up with each an every development, keeping in touch with the attorneys, and staying current on the status of each individual delinquent homeowners legal and financial status.