Greetings from the Shore!
The stress induced by Covid-19 has affected us all, and now more than ever I’m hearing how people are thinking about & appreciate their Happy Place – Avalon & Stone Harbor!
Just to bring you up to speed; the Boroughs of Avalon & Stone Harbor have prohibited short term rentals indefinitely and each has promised to take a harder look at the Covid situation in the coming weeks. Many people feel that restrictions will ease by the end of May or middle of June, hopefully no later. Once the experts determine that it is safe to “open”, we expect demand to kick into high gear!
If you are contemplating renting, then I wanted to inform you about two things; (i) there are still some nice properties available for prime weeks this coming summer (see the sampling below), and (ii) in order to hedge against uncertainty and make tenants feel more comfortable signing a lease and making payment for their rental, Ferguson Dechert has implemented a policy where all rental payments will be held until the tenant checks-into the property! Contact me for more details!
While our office is closed, we are busy working remotely every day and we welcome your questions!