Its not a POA but an actual corporate resolution that grants XYZ authority to act as a signator for the company....Happy to send you a sample

By prioritizing effective communication and prompt problem resolution, a proficient manager significantly contributes to tenant satisfaction, ultimately leading to improved tenant retention.

Additionally, reaching out to the 203K loan servicer for guidance on managing unspent funds and exploring dispute resolution processes outlined in the loan documents can help navigate the situation effectively.

So the notion that using this instrument instead of one of those true security instruments grants the owner a faster resolution to default is not completely accurate.  

Looking forward to moving towards resolution with this, and adding the LBP as an additional item that I require my inspectors to do.

I went to the property manager several times and there has been zero resolution.

It should additionally include language that covers payments, resignations or removals, and dispute resolution.

@Khemaro Nuon - I see these as being a superior option for Selling if you want to capture some portion of the sunk investment AND receive what could be a higher than market interest rate (not usury) on the balance while also potentially capturing some portion of future value WHILE also preserving a non-judicial path to resolution of breach.I've used a Land Contract to sell because of all the points listed above plus more.

Not a bad idea for the AM to also be skimming/reviewing the maintenance tickets in the system for patterns of un-adressed root cause resolutions.

So MI asks you to just trust them, and only get very low resolution photos of what seemed like a 80% rehabbed (interior only) pictures.