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post #1 of 7 (permalink) Old 03-14-2016, 09:29 PM Thread Starter
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There is a new company in town here in NJ that is promising to have tons of work. Their web site asks you to sign all sorts of contracts prior to even speaking with them about pricing so I did the paperwork, went back and forth with them for the past 2 weeks waiting for pricing and I have finally received it. I have never seen pricing this bad yet. These numbers make BLM look like a home run.

Task
Securing INFIELD VENDOR PRICES
Initial Secure Assessment 14 - FHA ONLY - N/A FOR ALL OTHERS
Deadbolt 10
Knob lock 10 FHA - 20 ALL OTHERS
FHA each additional door lockset 10
Sliding Glass door hand lock assembly 8
Padlock (includes safety hasp) 18.5
Rekey 5
Lock Box (flat) 12
Slider Lock Secondary Securing
Mechanism 9.5
Install Window Lock/Latches 2-FHA - 4 - ALL OTHERS
Door replacement - Exterior Steel 400-FHA - BID ALL OTHERS
Garage Door Replacement 400 - FHA 1-BAY/580-DBL BAY - BID OTHERS
Boarding and Reglazing
Reglaze .80- FHA - .95/UI ALL OTHER LOAN TYPES
Boarding Windows - 1/2" ply .55/UI FOR ALL LOAN TYPES
Boarding Doors - 5/8" ply .55/UI FOR ALL LOAN TYPES
Boarding Other Openings - 3/4" ply .55/UI FOR ALL LOAN TYPES
Boarding Double Garage Door .55/UI FOR ALL LOAN TYPES
Boarding Security Door (main entry door) 60.00 3FT X 7FT DOOR- 1/4" PLYWD + LOCK AND HASP &
HINGES
Boarding Single Garage Door 110
Clear Boarding with Secureview (only if
specifically authorized) CALL OFFICE FOR PRICING AND MEASUREMENTS
Pools & Hot Tubs
Pool Draining
In-Ground: Drain to 3-4 ft. $100
Above-Ground: Drain, Dismantle, Remove $120


Pool Securing - In Ground Cover BID OR BY WORK ORDER ALLOWABLE
Pool Securing - Above Ground Cover BID OR BY WORK ORDER ALLOWABLE
Fill Dirt BID
Hot Tub/Spa/Ponds Securing and draining
including cover 25
Maintenance Ongoing, Pool BID
Winterizations / Dewint
Pressure Test 10-FHA ONLY - BID ALL OTHER LOANS
Winterization / Dewint Dry System 40/15
Winterization / Dewint Additional Dry 20/10
Winterization / Dewint Radiant System 85/45
Winterization / Dewint Additional Radiant 30/20
Winterization / Dewint Steam System 75/35
Winterization / Dewint Additional Steam 30/20
Winterization / Dewint Pools, Spas, and Hot
Tubs 65/40
Reduced Pressure Zone Valve (RPZ) 75.00-FHA ONLY - BID ALL OTHERS
Debris
Debris - Exterior 20/CY
Debris - Exterior Health Hazard 20/CY
Debris - Interior 20/CY
Debris - Interior Health Hazard 20/CY
Debris - Consolidate 8/CY
Remove Vehicle & Boat 75
Carpet Removal including tack strips BID
Lawn Maintenance
Grass Vendor Pricing AGREED RATES P&P ONLY
Grass Recut up to 100 sq. ft. 15
Grass Recut 101-5,000 sq. ft. 20
Grass Recut 5,001-10,000 sq. ft. 25
Grass Recut 10,001-15,000 sq. ft. 30
Grass Recut 15,001-20,000 sq. ft. 35
Grass Recut 20,001-25,000 sq. ft. 40


Grass Recut 25,001-35,000 sq. ft. 45
Grass Recut 35,001-1 acre sq. ft. 50
Initial Grass Cut up to 100 sq. ft. 15
Initial Grass Cut 101-5,000 sq. ft. 30
Initial Grass Cut 5,001-10,000 sq. ft. 35
Initial Grass Cut 10,001-15,000 sq. ft. 35
Initial Grass Cut 15,001-20,000 sq. ft. 40
Initial Grass Cut 20,001-25,000 sq. ft. 45
Initial Grass Cut 25,001-35,000 sq. ft. 50
Initial Grass Cut 35,001 - 1 acre sq. ft. 60
Initial Grass Cut Desert 25
Grass Recut Desert 20
Trim Shrubs (flat) 15
Trim Trees
$12.50.00 to trim each tree. Trees from the ground up to 8' must be cut for the
allowable. You can still utilize the allowable for trees over 8, bid if you cannot cut from
the ground.
Trim Tall Trees BID ONLY
Trim Vines FHA=BID - - 12.50
Blackberry Bush (discount applies) BID
Snow Removal (per work order) 20
Repair Chain Link Fencing BID
Repair Wood Fencing BID
Replace Chain Link Fencing BID
Replace Wood Fencing BID
Miscellaneous
Address Posting 5 PER PROPERTY POSTING OF ADDRESS
Broom Swept Cleaning 20-FHA - BID ALL OTHERS
Cap Electric Wire .40 PER SET OF EXPOSED WIRES
Cap Gas Line 2.75 - OR BID PER GAS LINE
Cap Sewer Line 8
Cap Water Line 5
Cap Chimney 70 ALL LOAN TYPES
Clean Refrigerator/Freezer 30
Clean Toilet 25


Demolition of dilapidated/unsafe
outbuildings and sheds outbuildings and sheds bid
Dryer Vent Cover 5
Dead Animal/Vermin - Removal 25 FOR ENTIRE PROPERTY
Deck Holes - Repair $5/SQFT.-FHA & BID ALL OTHER LOAN TYPES.
Dehumidifier 125 PER UNIT
Desiccant 10 PER 5LB BUCKET DAMPRID- FHA ONLY
Dry-out: Includes air mover, dehumidifier,
and wait time. 20.00/HR
Drywall (Gypsum board) Install, includes
screwing, taping, mudding, and finishing
(not paint)
1.15/SQFT COMPLETE
Exterior Steps Risers - Install/Replace $7 per riser- FHA ONLY - BID ALL OTHERS
Exterior Steps Treads - Install/Replace $7 per riser- FHA ONLY - BID ALL OTHERS
Exterminate (OTC) 15.00 PER OCCURRENCE
Extermination licensed BID ONLY
Fence Repair (wood) BID
Fence Repair Chain Link, Plastic, Iron
Fence BID
Fence Replacement (wood) BID
Fence Replacement Chain Link, Plastic,
Iron Fence BID
Garage Door Repair BID
Graffiti BID
Gutter Cleaning .50/LIN FT - BID IF OUTSIDE OF RANGE
Gutter Repair (nail or screw in hanging
gutters, screw in with sheet metal screws,
etc.)
BID
Gutter Installation (new components must
use aluminum or like metal) BID
Handrail - Install BID
Mold - Treat and kill with bleach or Borax
then clean off mold from surface .25/SQFT - FHA HAS FLAT RATE-BID ITEM
Mold - Stain Blocker application with
fungicide (e.g. Zinsser for porous
surfaces)
.25/SQFT - FHA HAS FLAT RATE-BID ITEM
Police/Fire Reports 10.00-FHA & FMC - FNM = 20


Pump Water from Basement or Crawl
Space Space
FHA-BID ITEM TO PUMP OR SEE ALLOWABLE ON WORK
ORDERS
Roof Repair General Work and Patching
$1.00 per sq. ft. up to $460.00
Boot (roof) replacement and installation 40 each
Fascia (Roof) replacement and installation 3.60 / lin ft
Flashing (Roof) replacement and
installation 3.60 / lin ft
Shingle Replacement and Installation 1.55/sqft.
Soffit (Roof) replacement and installation 4.25 / Lin Ft
Full Square (roof) 100 SQFT, full removal,
and installation of decking, felt, shingles
and all necessary ancillary components
235.00 per Full Roofing Square
Full Square (roof) 100 SQFT, KEEP existing
decking. Full removal and installation of
felt, shingles and all necessary ancillary
components
145.00 / Full Roofing Square - No Decking
Tar or caulk (roof) to stop leaks .15 / Foot
Smoke Detector (Hard Wired) Install FHA - Bid - - - 12.50 All Other Loan Types
Smoke Detector (standard) Install 10
CO Detector Install 14.50-FHA - - 22.00-ALL OTHER LOAN TYPES
Sump Pump installation 95
Sump Pump repair 20
Tarp Roof $120 for up to 1,000 sq. ft. - BID - BID - BID
$320 for >1001 sq. ft.
Utility Transfer 25
Water Well Closing and Disconnection BID

WFHL - specific pricing, this generally does not apply to any other client.

Tarping and securing Exterior Items over
15 CYD (not roof), tarp must be securely
staked to the ground.
.25/ SQ.FT.
Consolidating Exterior Items 8/ CY TO MOVE ITEMS AND CONSOLIDATE
Remove Standing Water from Pool covers,
clean all debris. 25


WFHL Ohio Residential Property Disclosure
Form 25 WFHL Ohio Residential Property Disclosure
Form 25
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post #2 of 7 (permalink) Old 03-14-2016, 09:39 PM
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Quote:
Originally Posted by madxtreme01 View Post
There is a new company in town here in NJ that is promising to have tons of work. Their web site asks you to sign all sorts of contracts prior to even speaking with them about pricing so I did the paperwork, went back and forth with them for the past 2 weeks waiting for pricing and I have finally received it. I have never seen pricing this bad yet. These numbers make BLM look like a home run.

Task
Securing INFIELD VENDOR PRICES
Initial Secure Assessment 14 - FHA ONLY - N/A FOR ALL OTHERS
Deadbolt 10
Knob lock 10 FHA - 20 ALL OTHERS
FHA each additional door lockset 10
Sliding Glass door hand lock assembly 8
Padlock (includes safety hasp) 18.5
Rekey 5
Lock Box (flat) 12
Slider Lock Secondary Securing
Mechanism 9.5
Install Window Lock/Latches 2-FHA - 4 - ALL OTHERS
Door replacement - Exterior Steel 400-FHA - BID ALL OTHERS
Garage Door Replacement 400 - FHA 1-BAY/580-DBL BAY - BID OTHERS
Boarding and Reglazing
Reglaze .80- FHA - .95/UI ALL OTHER LOAN TYPES
Boarding Windows - 1/2" ply .55/UI FOR ALL LOAN TYPES
Boarding Doors - 5/8" ply .55/UI FOR ALL LOAN TYPES
Boarding Other Openings - 3/4" ply .55/UI FOR ALL LOAN TYPES
Boarding Double Garage Door .55/UI FOR ALL LOAN TYPES
Boarding Security Door (main entry door) 60.00 3FT X 7FT DOOR- 1/4" PLYWD + LOCK AND HASP &
HINGES
Boarding Single Garage Door 110
Clear Boarding with Secureview (only if
specifically authorized) CALL OFFICE FOR PRICING AND MEASUREMENTS
Pools & Hot Tubs
Pool Draining
In-Ground: Drain to 3-4 ft. $100
Above-Ground: Drain, Dismantle, Remove $120


Pool Securing - In Ground Cover BID OR BY WORK ORDER ALLOWABLE
Pool Securing - Above Ground Cover BID OR BY WORK ORDER ALLOWABLE
Fill Dirt BID
Hot Tub/Spa/Ponds Securing and draining
including cover 25
Maintenance Ongoing, Pool BID
Winterizations / Dewint
Pressure Test 10-FHA ONLY - BID ALL OTHER LOANS
Winterization / Dewint Dry System 40/15
Winterization / Dewint Additional Dry 20/10
Winterization / Dewint Radiant System 85/45
Winterization / Dewint Additional Radiant 30/20
Winterization / Dewint Steam System 75/35
Winterization / Dewint Additional Steam 30/20
Winterization / Dewint Pools, Spas, and Hot
Tubs 65/40
Reduced Pressure Zone Valve (RPZ) 75.00-FHA ONLY - BID ALL OTHERS
Debris
Debris - Exterior 20/CY
Debris - Exterior Health Hazard 20/CY
Debris - Interior 20/CY
Debris - Interior Health Hazard 20/CY
Debris - Consolidate 8/CY
Remove Vehicle & Boat 75
Carpet Removal including tack strips BID
Lawn Maintenance
Grass Vendor Pricing AGREED RATES P&P ONLY
Grass Recut up to 100 sq. ft. 15
Grass Recut 101-5,000 sq. ft. 20
Grass Recut 5,001-10,000 sq. ft. 25
Grass Recut 10,001-15,000 sq. ft. 30
Grass Recut 15,001-20,000 sq. ft. 35
Grass Recut 20,001-25,000 sq. ft. 40


Grass Recut 25,001-35,000 sq. ft. 45
Grass Recut 35,001-1 acre sq. ft. 50
Initial Grass Cut up to 100 sq. ft. 15
Initial Grass Cut 101-5,000 sq. ft. 30
Initial Grass Cut 5,001-10,000 sq. ft. 35
Initial Grass Cut 10,001-15,000 sq. ft. 35
Initial Grass Cut 15,001-20,000 sq. ft. 40
Initial Grass Cut 20,001-25,000 sq. ft. 45
Initial Grass Cut 25,001-35,000 sq. ft. 50
Initial Grass Cut 35,001 - 1 acre sq. ft. 60
Initial Grass Cut Desert 25
Grass Recut Desert 20
Trim Shrubs (flat) 15
Trim Trees
$12.50.00 to trim each tree. Trees from the ground up to 8' must be cut for the
allowable. You can still utilize the allowable for trees over 8, bid if you cannot cut from
the ground.
Trim Tall Trees BID ONLY
Trim Vines FHA=BID - - 12.50
Blackberry Bush (discount applies) BID
Snow Removal (per work order) 20
Repair Chain Link Fencing BID
Repair Wood Fencing BID
Replace Chain Link Fencing BID
Replace Wood Fencing BID
Miscellaneous
Address Posting 5 PER PROPERTY POSTING OF ADDRESS
Broom Swept Cleaning 20-FHA - BID ALL OTHERS
Cap Electric Wire .40 PER SET OF EXPOSED WIRES
Cap Gas Line 2.75 - OR BID PER GAS LINE
Cap Sewer Line 8
Cap Water Line 5
Cap Chimney 70 ALL LOAN TYPES
Clean Refrigerator/Freezer 30
Clean Toilet 25


Demolition of dilapidated/unsafe
outbuildings and sheds outbuildings and sheds bid
Dryer Vent Cover 5
Dead Animal/Vermin - Removal 25 FOR ENTIRE PROPERTY
Deck Holes - Repair $5/SQFT.-FHA & BID ALL OTHER LOAN TYPES.
Dehumidifier 125 PER UNIT
Desiccant 10 PER 5LB BUCKET DAMPRID- FHA ONLY
Dry-out: Includes air mover, dehumidifier,
and wait time. 20.00/HR
Drywall (Gypsum board) Install, includes
screwing, taping, mudding, and finishing
(not paint)
1.15/SQFT COMPLETE
Exterior Steps Risers - Install/Replace $7 per riser- FHA ONLY - BID ALL OTHERS
Exterior Steps Treads - Install/Replace $7 per riser- FHA ONLY - BID ALL OTHERS
Exterminate (OTC) 15.00 PER OCCURRENCE
Extermination licensed BID ONLY
Fence Repair (wood) BID
Fence Repair Chain Link, Plastic, Iron
Fence BID
Fence Replacement (wood) BID
Fence Replacement Chain Link, Plastic,
Iron Fence BID
Garage Door Repair BID
Graffiti BID
Gutter Cleaning .50/LIN FT - BID IF OUTSIDE OF RANGE
Gutter Repair (nail or screw in hanging
gutters, screw in with sheet metal screws,
etc.)
BID
Gutter Installation (new components must
use aluminum or like metal) BID
Handrail - Install BID
Mold - Treat and kill with bleach or Borax
then clean off mold from surface .25/SQFT - FHA HAS FLAT RATE-BID ITEM
Mold - Stain Blocker application with
fungicide (e.g. Zinsser for porous
surfaces)
.25/SQFT - FHA HAS FLAT RATE-BID ITEM
Police/Fire Reports 10.00-FHA & FMC - FNM = 20


Pump Water from Basement or Crawl
Space Space
FHA-BID ITEM TO PUMP OR SEE ALLOWABLE ON WORK
ORDERS
Roof Repair General Work and Patching
$1.00 per sq. ft. up to $460.00
Boot (roof) replacement and installation 40 each
Fascia (Roof) replacement and installation 3.60 / lin ft
Flashing (Roof) replacement and
installation 3.60 / lin ft
Shingle Replacement and Installation 1.55/sqft.
Soffit (Roof) replacement and installation 4.25 / Lin Ft
Full Square (roof) 100 SQFT, full removal,
and installation of decking, felt, shingles
and all necessary ancillary components
235.00 per Full Roofing Square
Full Square (roof) 100 SQFT, KEEP existing
decking. Full removal and installation of
felt, shingles and all necessary ancillary
components
145.00 / Full Roofing Square - No Decking
Tar or caulk (roof) to stop leaks .15 / Foot
Smoke Detector (Hard Wired) Install FHA - Bid - - - 12.50 All Other Loan Types
Smoke Detector (standard) Install 10
CO Detector Install 14.50-FHA - - 22.00-ALL OTHER LOAN TYPES
Sump Pump installation 95
Sump Pump repair 20
Tarp Roof $120 for up to 1,000 sq. ft. - BID - BID - BID
$320 for >1001 sq. ft.
Utility Transfer 25
Water Well Closing and Disconnection BID

WFHL - specific pricing, this generally does not apply to any other client.

Tarping and securing Exterior Items over
15 CYD (not roof), tarp must be securely
staked to the ground.
.25/ SQ.FT.
Consolidating Exterior Items 8/ CY TO MOVE ITEMS AND CONSOLIDATE
Remove Standing Water from Pool covers,
clean all debris. 25


WFHL Ohio Residential Property Disclosure
Form 25 WFHL Ohio Residential Property Disclosure
Form 25
How much money and time did you waste finding out what you already knew?
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post #3 of 7 (permalink) Old 03-14-2016, 09:49 PM
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Hi

And sadly to say theres more companies opening up like this everyday, and more contractors looking to get into the business that will fall for the trap.
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post #4 of 7 (permalink) Old 03-14-2016, 11:30 PM
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Quote:
Originally Posted by david View Post
And sadly to say theres more companies opening up like this everyday, and more contractors looking to get into the business that will fall for the trap.
Well I'm happy to say I'm heading back to work full time (finally found a great paying job that I could not turn down). I'll ride this until the wheels fall off. Hoping to get through the summer and I'm out!! If I do not make it until then, no sweat, I'm over it!! No money in it and I'm so tired of shorted checks with no explanation for the shortages. I do a great job and when your not getting paid because they are not getting paid and they can't tell you why. It's time to get a real job and they can find someone else who doesn't mind working for free. Too many fly by night companies contacting me and their prices are laughable. I had high hopes that this business was a good honest living. I was so wrong and I've learned so much and with all the changes going on I'm no longer interested in doing business with order mills and I'm just not in a place to go direct or even care to deal with this BS anymore. I hope this industry takes a turn for the better because I have not heard much good about it on here. I listen and pay attention. So, when I get these BS price lists and smoke blown up my arse. I think about this site and am not shocked or even angered because I'm relieved to have been warned and knowledge is power. So thank you everyone who has called bulls**t and are exposing this for what it is. I'm better off hitting the casino once a month. My chances of coming out ahead are better than continuing in the P & P business.

Last edited by PPCADDY; 03-14-2016 at 11:36 PM. Reason: type O
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post #5 of 7 (permalink) Old 03-15-2016, 06:34 AM
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Quote:
Originally Posted by PPCADDY View Post
I do a great job and when your not getting paid because they are not getting paid and they can't tell you why. It's time to get a real job and they can find someone else who doesn't mind working for free.
Best quote of your post. Companies like that don't need skilled subs, they just need your camera.
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post #6 of 7 (permalink) Old 03-15-2016, 11:44 AM
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With these prices I would not even ask forum. The only question is why people are still in this industry with real estate market improved. Dontcha see that companies like this and actually all of them are like a pack of hungry dogs trying to get last bone out there.
Foreclosure went to null and there is no work there left, so now they trying to get last drop of this diminishing revenue that is left
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post #7 of 7 (permalink) Old 03-15-2016, 04:17 PM
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I quit reading the prices after the $12 lock box, that is comical. A decent lock box costs nearly that, and trust me these middle men get paid...that is the most popular excuse in this business "You get paid when we get paid..." that just means you work for free with these clowns...
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