Eviction Help - REO Property Preservation Forum
 
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post #1 of 4 (permalink) Old 08-09-2016, 04:49 PM Thread Starter
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Eviction Help

We have been in the business a few years, but this is our first eviction ( I went through some threads and have seen this is common for some) I have everything lined up to go, but need some help in creating my bill. (Also worried about actually getting paid what I bill them, hate BATF) Can anyone point me in the right direction? There is no curb drop off, we have to get a storage unit, and it seems like the people being evicted are going to be serious pains in the ass. Any advice? Pricing help?
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post #2 of 4 (permalink) Old 08-09-2016, 09:43 PM
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Everything depends on location and the direction the sheriff wants to go with it.
Most of the nationals want to pay per man per hour; hard to make money when you may only be there long enough to find out the house is empty. Others, like we do, charge a flat rate to show up and then per hour or per cyd after that.
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post #3 of 4 (permalink) Old 08-10-2016, 09:36 AM
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I still do an eviction or 2 for a local broker. Check with your local insurance agent and make sure you have cargo coverage for stuff while being moved. We are like GTX and have a minimum charge, $600 minimum per 4 hour increment for 3 laborers and 1 supervisor to inventory items, plus the actual costs of rental sheds, trucks etc..

Many States require a "movers" bond ($20,000) when you move property for hire off of property so check that too AND be sure to find a good watertight, bug free storage shed and charge for minimum rental months for the shed otherwise you can end up paying for the extra months out of your pocket. Chances are good you will show up for eviction and everything left behind will be declared junk by sheriff and you will be stuck with a storage shed rental....

if a National is involved we would request a copy of the eviction decree which lists the law firm for the mortgage company and we would contact the legal assistant and provide our price list to accomplish the eviction. We always received approval email letter. This might help if you have any batf issues concerning payment? We did it to have in our files if something went awry.... FYI--- wfhm was always the best and we created many good relationships that generated a lot of work direct....
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post #4 of 4 (permalink) Old 08-17-2016, 06:38 PM
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Quote:
Originally Posted by KGPR View Post
We have been in the business a few years, but this is our first eviction ( I went through some threads and have seen this is common for some) I have everything lined up to go, but need some help in creating my bill. (Also worried about actually getting paid what I bill them, hate BATF) Can anyone point me in the right direction? There is no curb drop off, we have to get a storage unit, and it seems like the people being evicted are going to be serious pains in the ass. Any advice? Pricing help?
Do you have to use movers? Many states require it. Your insurance will not cover any items that you may break. The mortgagor will then sue you and you will not be covered. These things are not worth the money for all the liability they create.
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