CRE Property Management

We received the Revdex.com letter with regard to the owner *** ***A review of her account, the property management agreement and the leases were conducted.Here is summary from the tenant's ledger showing charges and payments since As of 10/24/the tenant had a credit balance of $70.00I
have also had communication with the ownerThey are in the process of trying to Short Sale the propertyThey stated that they had not paid the mortgage in three monthsThey had been in touch with two attorneys to help facilitate the process of the Short Sale with the Lender.Our company has been abiding and upholding the lease and contractsIf you have additional questions, please do not hesitate to call.Regards,Melissa M***Property Manager