Only buying is not a solution, finiding a reliable and good tenant is what everyone looks, but it becomes quite difficult act without a physical presence, we would not like to bother friends / relatives / aged parents, but it is also true that we need to assign somebody for the act, help is in hand - Homewell will act as your active partner and will safe guard your interest Homewell builds the bridge between the landlord and the tenant. Based on your, requirement,we will visit the property and give a preliminary evaluation report.
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Buying property in a city other than your normal place of residence either as an investment is becoming common, only buying is not a solution, finding a reliable and good tenant is what every one looks for, but it becomes quite a difficult act without your physical presence, we would not like to bother friends / relatives/ aged parents, but its also true that we need to assign someone for these issues. But now help is just a phone call away - HDPL. We will act as your active partner and safeguard your interest Home Well builds the barriers between you and your tenant.
Based on your instructions, we will visit your property and give a preliminary evaluation report.
If your rental expectation is within 10% of the market rate as evaluated by HDPL we will proceed to the next step
If we proceed with your order, we will do the following things:
Put up a board / notice on the property premises giving HOMEWELL contact person and phone numbers for prospective tenants to get in touch.
Work through local broker network
Put up classified advertisement in important newspapers as may be deemed necessary by HOMEWELL. HOMEWELL reserves the right to decide on the publication, type of ad and frequency.
Be available to meet prospective tenants and show the property whenever required. This is subject to availability of keys with HOMEWELL or access to it as and when required.
If the keys are not available with us, contacts of the local dependants have to be given to us & your order details with us have to be informed to them. Co-operation is expected from the local contact to show the property to prospective tenants.
Provide unbiased advice from a third person perspective.
Handle negotiations and paperwork for finalization of the tenant
1 We will then run the tenant through the legal issues & his/her responsibilities as a tenant
2 Execute the Rental agreement with the tenant with very clear understanding on the following points:
Rental Amount and the Security Deposit
Payment Date
Duration of Lease along with Escalation Clause
Proper Upkeep of the Property and all Inventories provided by the members
Consequences on Non Payment of Rent on Time or extraordinary Wear & Tear of the property / inventories
3 Collect the Security Deposit Cheque and then deposit it in your account and send the rental agreement to you after obtaining the tenants signature for your perusal & signature.
We will ensure that the rents are collected monthly on a regular basis on or before the due date and deposited into your bank account. A Scan Copy of the Bank deposit Slip would be send to you monthly.
Regular Property Visits would be done by our Managers on a half yearly basis and a detailed Inspection report and photographs would be send to you. Any misuse of the property or the inventories would be dealt with the tenants as per the T&C of the contract.
We would also assist the tenant on your behalf for any major repair and maintenance works. Upon receipt of information from the tenant for any such assistance we would visit the premises within a reasonable time and assess the required work. Proper arrangement would be made for external contractors to ascertain the nature of repairs and also the reason of such loss. In case the loss has arisen due to tenant’s fault the same would be informed to you and taken up with the tenants as per the T&C of the contract.
Inventory Audit would be done at the time of possession of the property by the tenant and at the time when the tenant is vacating the property. The scope of audit would be checking the physical assets at the property as per the list and also the conditions of the assets. An audit report along with the photographs (if necessary) would be mailed to you. In case of any gross negligence by the tenant on all these inventories would be dealt as per the T&C of the contract. HOMEWELL provides property services on a best effort basis and inability to complete the task due to reasons beyond the control of HOMEWELL shall not tantamount to non-delivery of service.