Something for those of you doing door knocks and door cards to think about.......... - REO Property Preservation Forum
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post #1 of 20 (permalink) Old 02-15-2015, 08:41 PM Thread Starter
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Something for those of you doing door knocks and door cards to think about..........

Something to think about for those of you doing door knocks and leaving door hangers for ANY company, Not just Screwguard........... http://scholar.google.com/scholar_ca...=1&oi=scholarr
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post #2 of 20 (permalink) Old 02-15-2015, 10:31 PM
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Quote:
Originally Posted by mtmtnman View Post
Something to think about for those of you doing door knocks and leaving door hangers for ANY company, Not just Screwguard........... http://scholar.google.com/scholar_ca...=1&oi=scholarr

Not saying that everyone who forecloses is negative, or that it is their fault they are not paying their mortgage's.

But my opinions is that these lawsuits really just hurt the botg, because with resources tied up into debt collection lawsuits & potential settlements to help all those poor unfortunate soles who could not or chose not to pay their bills, we the botg have possibly been taking the preliminary hit from the price sheet.

My question about this lawsuit - Is this a just lawsuit, or possible another form of hypothetical welfare? Is there a shortage of section 8 & subsidized housing? At the end of it all who pays for those who do not pay their bills?

The most pressing issue is how this has gained any steam and why it has wasted court time with all of the mortgage settlements completed in relation to the mortgage crisis.

To this Lucille Simpson fellar just want to say glad your able to help delegate tax payer dollars because your cause is truely in the interest of the majority???
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post #3 of 20 (permalink) Old 02-16-2015, 12:23 AM
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I think the reason of concern for the botg is when the courts find the actual debt collector/door knocker to be joined as 1 with Safeguard for this class action. Safeguard will not object or in fact may make the demand, the plaintiff won't fight this since there will be more pockets to go after....WHY? Well every contractor knocking on doors has added Safeguard as an Additional Insured on their insurance policy. Better to have all the contractors insurance policies pay the tab. Could you imagine having inspected 300 houses this year and say 200 of them join the class action? That's 200 deductibles the contractor would be responsible for!! That's why the payout per inspection is so high so the contractor assumes part of the liability.... Guess everyone already figured this risk vs reward was in their favor otherwise they wouldn't partake?

It's only a matter of time till the house of cards come crashing down..the question is "does the contractors want to stick around and be a party to the lawsuits"..?

That is the conundrum.....
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post #4 of 20 (permalink) Old 02-16-2015, 12:33 AM
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Oh I'd like to add this to our fellow Illinois contractors: I would be contacting this law firm and getting signed up as a solicitor to sign people up into the class action! I've had the pleasure of being on 2 class action signup committees and it's great money for a couple years. This may not be allowed in Illinois? Worth finding out. In fact was asked to canvass for another class action that was certified--can't discuss but it's a lawsuit I 100% agree with and I can almost guarantee everyone on this forum would agree too.
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post #5 of 20 (permalink) Old 02-16-2015, 06:35 AM
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I'm not siding with the homeowner either, just in this case I didn't read that they were the stereotypical 125% mortgaged, 70% loan to debt ratio'd deadbeats that made a large majority of the defaulters. I didn't even read that anyone could confirm they had the right address.
I've had some of those same manilla envelopes hung on doorknobs to our properties; some not even filled out. The inspector hit the wrong house. That's what $6 paid, but anyway.
If the inspector is attempting to contact the homeowner by ringing the bell, knocking on the door, etc, on behalf of Safeguard and then the client, and then either handing them a phone or having them contact the lender in their presence, or providing the number to do so, they are acting in the behalf of said lender. They are an agent/rep. That's my law 101 but I'd say someone who wants to go after them and took law 201 or higher may make some headway.
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post #6 of 20 (permalink) Old 02-16-2015, 11:38 AM Thread Starter
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post #7 of 20 (permalink) Old 07-06-2016, 01:47 AM Thread Starter
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post #8 of 20 (permalink) Old 07-06-2016, 07:51 AM
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These are in fact illegal in PA in nearly every

municipality, unless you get a solicitation permit for that specific municipality.

I know some other sates have similar laws.

Any contact inspection is also illegal in most municipalities and in most cases.

People do them all the time illegally for a couple dollars.
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post #9 of 20 (permalink) Old 07-06-2016, 07:52 AM
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I`m good I don`t bother with inspections. I never really cared how many they could give me . Not working for $10 ,$6 or even (the dumbest $3)an inspection.
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post #10 of 20 (permalink) Old 07-06-2016, 07:59 AM
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I go even further than that.

Quote:
Originally Posted by STARBABY View Post
I`m good I don`t bother with inspections. I never really cared how many they could give me . Not working for $10 ,$6 or even (the dumbest $3)an inspection.
I will generally not even touch a property that does not already have an FTV sticker on it, properly filled out. And I,m getting more strict about it as time goes on.
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