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#358900 - 11/27/10 12:15 PM Re: HUD pricing guidelines - Property Preservation Fees **** [Re: STEW]
RealBoots Offline
Member

Registered: 01/26/08
Posts: 416
Loc: Wild or not Wild ,East or West...
Fannie Mae is blind type company ,no wonder they have problems and were on verge of bankruptcy!
Just take a look at deciding and dropping RESNET and taking this Equator (piece of junk system).
Makes me cry!

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#392069 - 10/17/11 05:15 PM Re: HUD pricing guidelines - Property Preservation Fees [Re: Douglas100]
BadAsset Offline
Member

Registered: 01/16/09
Posts: 106
Loc: Cold State
If you are reading this you are probably just starting in property preservation. Check out my blog for information on what it takes to be an preservation contractor.

www.badassetblog.com

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#411195 - 08/12/12 08:45 PM Re: HUD pricing guidelines - Property Preservation Fees [Re: raysea64]
12 step 4 BPOs? Offline
Veteran Member

Registered: 06/27/10
Posts: 1292
Loc: Land of Tree Huggers
Originally Posted By: raysea64
Hello to all,

I have been doing sub contract work for a Safeguard vendor.

Last year we were averaging $55/ property for grass cuts, this year she has informed us that Safeguard is now only paying $30 per yard up to 1 acre, anything over 1 acre is a bid.

Is anyone else experiencing this from Safeguard?


We did our first re-cut today. The grass, or shall we call it HAY or STRAW was piled up on the horizontal fence boards, the back steps, here, there everywhere. It took 2 hours to just cut it because it was so long and the last time it was cut they didn't remove the cut grass. I was livid.

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#412984 - 09/18/12 03:02 PM Re: HUD pricing guidelines - Property Preservation Fees [Re: 12 step 4 BPOs?]
REO Services Offline
Junior Member

Registered: 01/18/09
Posts: 9
Loc: Maryland
The nationals are scraping the bottom of the barrel,, you will be lucky to break even at 30 dollars a cut:
1-2 hours, 10.00 gas for travel, equip maintanance (reo properties KILL equipment!), lic, insurance.

No way you will even break even, Our min charge is 75.00 a recut.

Nick

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#434229 - 03/18/14 09:38 AM Re: HUD pricing guidelines - Property Preservation Fees [Re: Douglas100]
rogerisright69 Offline
Junior Member

Registered: 03/18/14
Posts: 1
Loc: pacificnorthwest
Don't know if this is the right place to ask this question but can't find the button to start a new topic ...I am one of the 1,000's o unpaid or underpaid contractors to a vendor for safeguard who has had invoicing go unpaid completely, invoicing changed, and invoicing short funded. I am preparing to file mechanics liens against all of the properties where money is still owed ...does anyone have any experience with this either good or bad ??

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#435004 - 04/04/14 12:56 PM Re: HUD pricing guidelines - Property Preservation Fees [Re: 12 step 4 BPOs?]
75Corvette Offline
Veteran Member

Registered: 09/16/05
Posts: 1209
Loc: Ohio
Originally Posted By: 12 step 4 BPOs?
Originally Posted By: raysea64
Hello to all,

I have been doing sub contract work for a Safeguard vendor.

Last year we were averaging $55/ property for grass cuts, this year she has informed us that Safeguard is now only paying $30 per yard up to 1 acre, anything over 1 acre is a bid.

Is anyone else experiencing this from Safeguard?


We did our first re-cut today. The grass, or shall we call it HAY or STRAW was piled up on the horizontal fence boards, the back steps, here, there everywhere. It took 2 hours to just cut it because it was so long and the last time it was cut they didn't remove the cut grass. I was livid.


That's good to know. I received an email from Safeguard a couple weeks ago looking for me to refer contractors to them. There's a guy I've used a number of times over the years, great guy and a heck of a hard worker, that I would love to refer so that he got regular business, but I was very hesitant to do so because I don't want him to get screwed.

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#435005 - 04/04/14 12:58 PM Re: HUD pricing guidelines - Property Preservation Fees [Re: 75Corvette]
75Corvette Offline
Veteran Member

Registered: 09/16/05
Posts: 1209
Loc: Ohio
Oops, didn't realize this was an old thread.

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