Please revise bid - REO Property Preservation Forum
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post #1 of 25 (permalink) Old 07-10-2014, 02:20 PM Thread Starter
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Please revise bid

So I get a request to revise a bid because it is "above the industry norm". It is a bid for mold removal. The best part is the bid was from March and it is now July. Sure I will revise it, raised it by 25%, then they ask why so high. Guess what, read my original bid, any bid involving mold is only valid for 15 days, after that the bid is void.
So now they say I need to reduce it, HELL NO. get another hack to do it.
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post #2 of 25 (permalink) Old 07-10-2014, 08:51 PM
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So I get a request to revise a bid because it is "above the industry norm". It is a bid for mold removal. The best part is the bid was from March and it is now July. Sure I will revise it, raised it by 25%, then they ask why so high. Guess what, read my original bid, any bid involving mold is only valid for 15 days, after that the bid is void.
So now they say I need to reduce it, HELL NO. get another hack to do it.
Im sure the mold has spread 25% by now since your initial bid..

Screw them!

I had a "HUD" adjusted bid come in the other day, told them to have HUD" do it then, they suddenly had a change of heart and upped it to my initial bid
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post #3 of 25 (permalink) Old 07-10-2014, 11:36 PM
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I get called for "Discoloration" I tell them all the time Stop calling it that its MOLD.I will not touch it because i am not certified yet and its in the back of my head when they sell the house there will be issues.Not to mention they don't fix or solve the issues before you slap some kills on it.Its a joke and ILLEGAL.
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post #4 of 25 (permalink) Old 07-10-2014, 11:51 PM
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I get called for "Discoloration" I tell them all the time Stop calling it that its MOLD.I will not touch it because i am not certified yet and its in the back of my head when they sell the house there will be issues.Not to mention they don't fix or solve the issues before you slap some kills on it.Its a joke and ILLEGAL.
Nope I learned one simple line a after being involved with a lawsuit. When you and your client(s) send a form or letter stated who/when/how and why it was changed or responsibility for my actions to follow guidelines they provide I'll accept.

Every one here knows the answer to that.....
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post #5 of 25 (permalink) Old 07-11-2014, 12:51 AM
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Sorry fellas/ladies but I LOVE IT when the non-certified "contractors" do the mold! Had a P&P guy stop yesterday morning to complain about his $24,000 chargeback for OUR services to fix his attempt to do mold removal. The hygienist was there testing our work while the fella was hollering lol.

What a scene till the hygienist told him how much of a joke he was and the Pre-test shows!

Another one bites the dust! Remember SOMEONE is inspecting most of these home before a buyer purchases and if there is a hint of mold damage there are repercussions. Normally a financial one.
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post #6 of 25 (permalink) Old 07-11-2014, 06:11 AM
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That is right. Looks like easy money doesn't it? Big $$ National says bleach and KILZ this basement for 2K and contractors can't get into their trucks fast enough to speed down to Home Depot for $60 worth of bleach and paint.
Then 6 months later the house is sold and the buyers and their kids move in. 3 months after that they are sick and decide to have air quality testing done and boom! Mold spores thru the roof. Their attorney contacts the previous lender, who goes after the National, who goes after the regional, who sends you a wonderful email and a packet of paperwork in the mail. You say you were just doing what the company told you to do? Lol.
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post #7 of 25 (permalink) Old 07-11-2014, 09:41 AM
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That is right. Looks like easy money doesn't it? Big $$ National says bleach and KILZ this basement for 2K and contractors can't get into their trucks fast enough to speed down to Home Depot for $60 worth of bleach and paint.
Then 6 months later the house is sold and the buyers and their kids move in. 3 months after that they are sick and decide to have air quality testing done and boom! Mold spores thru the roof. Their attorney contacts the previous lender, who goes after the National, who goes after the regional, who sends you a wonderful email and a packet of paperwork in the mail. You say you were just doing what the company told you to do? Lol.
My father tells me all the time about in a few months after is sold the new owners kids are sick etc and who do you think there going after? Some people can slap lipstick on a pig I can't and I would rather go broke then have that liability hanging over my head.Just Curious has anyone here been sued or anything from mold?
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post #8 of 25 (permalink) Old 07-11-2014, 10:07 AM
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I know of several contractors who were held liable for costs ranging from a few thousand to over 40k. The largest.claim happened almost two years from the date of move in. It was thru FAS and the contractor continued to work for them after the settlement.
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post #9 of 25 (permalink) Old 07-11-2014, 10:23 AM
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Don't the banks / property companies have a responsibility /obligation to note that mold has been detected to the buyer? I believe some states have that requirement.

It seems like the bank or national should be accountable if they only want you to use KILZ
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post #10 of 25 (permalink) Old 07-11-2014, 11:38 AM
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Disclosure notices have to be filled out regarding anything about the property that the seller is aware of.

It may seem like the client should be accountable, but the contractor is the one who is agreeing to do the work as described.
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