Been Getting Calls from PP Mgmt Companies - REO Property Preservation Forum
 1Likes
Reply
 
LinkBack Thread Tools Display Modes
post #1 of 32 (permalink) Old 04-12-2018, 03:18 PM Thread Starter
Junior Member
 
Join Date: Mar 2014
Posts: 27
Thanks: 2
Thanked 2 Times in 2 Posts
Been Getting Calls from PP Mgmt Companies

So, I've gotten a few calls the past 90 days from field services/property preservation management companies wanting to add us to their vendor roster. Every one of them has a clause in their contract saying we must agree to waive our rights to place a lien waiver on a property, even for non-payment. The call today was from InspectQ. Anyone else getting these calls? Your thoughts?

Alison
Florida
mille63 is offline  
Sponsored Links
Advertisement
 
post #2 of 32 (permalink) Old 04-14-2018, 09:08 AM
Business Consultant
 
Cleanupman's Avatar
 
Join Date: Nov 2012
Location: Silver Springs, Nevada
Posts: 1,380
Thanks: 322
Thanked 564 Times in 339 Posts
Quote:
Originally Posted by mille63 View Post
So, I've gotten a few calls the past 90 days from field services/property preservation management companies wanting to add us to their vendor roster. Every one of them has a clause in their contract saying we must agree to waive our rights to place a lien waiver on a property, even for non-payment. The call today was from InspectQ. Anyone else getting these calls? Your thoughts?

Alison
Florida
They were AIM your way three mibths ago. They owe a lit of money to labor.
If they sent contract would love to review it...
Thanks

Aladay LLC
Property Preservation
New Business Consultant
Custom Glass&Wood
Cleanupman is offline  
post #3 of 32 (permalink) Old 04-14-2018, 12:02 PM
Todd
 
Join Date: Apr 2015
Location: SC
Posts: 81
Thanks: 1
Thanked 21 Times in 16 Posts
Everything is always open to litigation...even signed contracts. Just because you sign a piece of paper stating you will not place liens..you can still place a liens. You only broke "their rule" not the law.

As an example...look at all the pre-nups out there where the wife got it all even after said pre-nup. Your Contract is with Them. Breaking said Contract is breaking your Contract with Them. No more work. But you still get paid. Signing or not signing it both equates to the same outcome.
TripleG is offline  
Sponsored Links
Advertisement
 
post #4 of 32 (permalink) Old 04-15-2018, 12:01 PM
Business Consultant
 
Cleanupman's Avatar
 
Join Date: Nov 2012
Location: Silver Springs, Nevada
Posts: 1,380
Thanks: 322
Thanked 564 Times in 339 Posts
Quote:
Originally Posted by TripleG View Post
Everything is always open to litigation...even signed contracts. Just because you sign a piece of paper stating you will not place liens..you can still place a liens. You only broke "their rule" not the law.

As an example...look at all the pre-nups out there where the wife got it all even after said pre-nup. Your Contract is with Them. Breaking said Contract is breaking your Contract with Them. No more work. But you still get paid. Signing or not signing it both equates to the same outcome.
You sound like an industry shill...

The point IS ...Insect Q are/were AIM your Way and they screwed members of labor out of money they earned. For Christ's sake they even sent an email out telling their Emplactors what they were doing.
IMHO. Anyone whom did not lien as soon as they found out. Shame on them.
I have yet to hear from anyone who got paid from AIM once that email went out. I would love just once to be able to say anything positive about an NAMFS member so if anyone did get paid please enlighten us. Because the owner of InspectQ is the same gal that bankrupt AIM.
Appreciate the leagalease though.

Aladay LLC
Property Preservation
New Business Consultant
Custom Glass&Wood
Cleanupman is offline  
post #5 of 32 (permalink) Old 04-16-2018, 09:46 AM
Super Moderator
 
PropPresPro's Avatar
 
Join Date: Apr 2012
Location: Big Sky Country
Posts: 1,211
Thanks: 423
Thanked 929 Times in 465 Posts
Quote:
Originally Posted by Cleanupman View Post
. . .Appreciate the leagalease though. . .
LOL!! Thanks Aaron - You criticizing anyone's legal interpretations makes me laugh.

Ive already told you more than I know.
PropPresPro is offline  
post #6 of 32 (permalink) Old 04-18-2018, 01:34 AM
Member
 
Join Date: Jul 2017
Posts: 49
Thanks: 0
Thanked 0 Times in 0 Posts
As triple g mentioned, a signed contract stating you won't file a lien isn't binding and can't be enforceable if you're able to prove services were provided and payment wasn't received.

FNMA has a high turnover rate for servicers because they do not pay for services provided unless all their crazy rules and policies are met and a million photos are submitted. Once provided, they have 30 days to pay.

The billing and payments from FNMA are complicated and most servicers struggle with profitability so they push vendor payments to net 30, 60, even longer because they're waiting for payment from the client. If the client doesn't pay, the servicer doesn't want to pay the vendor and will either negotiate their fee down or not pay at all.

The client.. HUD, FNMA, etc. HATE dealing with mechanic liens and when it happens, the servicer is penalized in some capacity by the client. With the servicer putting a clause in their vendor contract, they think they have the upper hand but they don't.

In short, mechanic liens is ALWAYS a vendors right. Always keep copies of documents, etc and file when apropriate, regardless of any contact signed.
FSMsuperhero is offline  
post #7 of 32 (permalink) Old 04-19-2018, 07:24 AM
Business Consultant
 
Cleanupman's Avatar
 
Join Date: Nov 2012
Location: Silver Springs, Nevada
Posts: 1,380
Thanks: 322
Thanked 564 Times in 339 Posts
FNMA has a high turnover rate for servicers because they do not pay for services provided unless all their crazy rules and policies are met and a million photos are submitted. Once provided, they have 30 days to pay.

That would be an incorrect statement.
We worked directly with FNMA until NAMFS members got their hands in the middle.
Not once in the 5 years prior to FAS. Being stuffed down our throats did we get bull$! issues with photos and callback crap. We met with brokers & realtors all the time & never had an issue until Eric Miller came on the scene and pyramided the industry...not once did we have an issue working direct... As a matter of fact our QC policy was approved by FNMA. It was AMS (whom we also sued & won) that decided to reject our company's QC policy and found out about employee/IC differences.

Aladay LLC
Property Preservation
New Business Consultant
Custom Glass&Wood
Cleanupman is offline  
post #8 of 32 (permalink) Old 04-19-2018, 09:49 AM
Business Consultant
 
Cleanupman's Avatar
 
Join Date: Nov 2012
Location: Silver Springs, Nevada
Posts: 1,380
Thanks: 322
Thanked 564 Times in 339 Posts
Quote:
Originally Posted by PropPresPro View Post
Quote:
Originally Posted by Cleanupman View Post
. . .Appreciate the leagalease though. . .
LOL!! Thanks Aaron - You criticizing anyone's legal interpretations makes me laugh.
With all due respect...I've forgotten more about law than mist are capable if comprehending in a lifetime. Glad I could bring a smile to your face.

Aladay LLC
Property Preservation
New Business Consultant
Custom Glass&Wood
Cleanupman is offline  
post #9 of 32 (permalink) Old 05-02-2018, 10:47 PM
Senior Member
 
safeguard dropout's Avatar
 
Join Date: Apr 2015
Location: Midwest
Posts: 633
Thanks: 412
Thanked 406 Times in 233 Posts
Thumbs up

Quote:
Originally Posted by mille63 View Post
So, I've gotten a few calls the past 90 days from field services/property preservation management companies wanting to add us to their vendor roster. Every one of them has a clause in their contract saying we must agree to waive our rights to place a lien waiver on a property, even for non-payment. The call today was from InspectQ. Anyone else getting these calls? Your thoughts?

Alison
Florida
Got an email today from NexGen. Usually I at least know where the piss ant company came from or how they got my email. Never heard of these people. Anyone? Google turned up nothing.

I'll entertain any offer, but that's usually all it is......entertainment purposes only.
safeguard dropout is offline  
post #10 of 32 (permalink) Old 05-03-2018, 09:22 AM
Business Consultant
 
Cleanupman's Avatar
 
Join Date: Nov 2012
Location: Silver Springs, Nevada
Posts: 1,380
Thanks: 322
Thanked 564 Times in 339 Posts
Quote:
Originally Posted by safeguard dropout View Post
Quote:
Originally Posted by mille63 View Post
So, I've gotten a few calls the past 90 days from field services/property preservation management companies wanting to add us to their vendor roster. Every one of them has a clause in their contract saying we must agree to waive our rights to place a lien waiver on a property, even for non-payment. The call today was from InspectQ. Anyone else getting these calls? Your thoughts?

Alison
Florida
Got an email today from NexGen. Usually I at least know where the piss ant company came from or how they got my email. Never heard of these people. Anyone? Google turned up nothing.

I'll entertain any offer, but that's usually all it is......entertainment purposes only.

Would live the contact info on nexgen. ..
[email protected]

Thanks

Aladay LLC
Property Preservation
New Business Consultant
Custom Glass&Wood
Cleanupman is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the REO Property Preservation Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome