HUD $20 Water Line Pressure Test - REO Property Preservation Forum
 
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post #1 of 5 (permalink) Old 03-01-2016, 12:21 PM Thread Starter
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HUD $20 Water Line Pressure Test

Thinking this is another HUD allowable we will refuse to complete and bid. Just like dehumidifiers etch.
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post #2 of 5 (permalink) Old 03-01-2016, 12:24 PM
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Thinking this is another HUD allowable we will refuse to complete and bid. Just like dehumidifiers etch.
Just charge for the wint then tack on another $20.00 for a pressure test. Seems like a winner to me.
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post #3 of 5 (permalink) Old 03-01-2016, 08:04 PM
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Thinking about picking up this beauty, would make pressure tests and wints a breeze.

I think this is almost the same vintage as Zeus
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post #4 of 5 (permalink) Old 03-02-2016, 11:03 AM
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Just charge for the wint then tack on another $20.00 for a pressure test. Seems like a winner to me.
My understanding is pressure test is required at time of initial secure on all HUD properties regardless of completing wint. $20 bucks less 20-25% bribe = $16 - $14.00. Also the initial lock change - 1 lockset $60.00 additional $20.00 for 1 lock only even if deadbolt and knoblock present change just 1 lock for $20.00, down from $40.00
It appears HUD has indeed saved the property preservation industry by increasing the amount nationals can steal from the poor souls who are still vendors. As we all know the HUD allowable fee schedule is not what the national is invoicing the lender.
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post #5 of 5 (permalink) Old 03-02-2016, 04:47 PM
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Thinking about picking up this beauty, would make pressure tests and wints a breeze.

I think this is almost the same vintage as Zeus
Oh i know you just didn't go there.. BTW that ain't what my wife said last night..
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