Cyprexx and Fannie should be so proud - REO Property Preservation Forum
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post #1 of 4 (permalink) Old 08-02-2015, 06:11 PM Thread Starter
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Cyprexx and Fannie should be so proud

Can of spray paint from a trashout: Free
Piece of 1/4' plywood from trashout: Free
Not doing your job correctly: $20/CYD

For all the rest of your precious moments, there's PreservationTalk!

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So this is what $20/CYD and lower looks like? Start a trashout on Friday, haul the crap to the road, throw up a "Free" sign and hope someone else does your job for you! I should check out the "Free Items" Facebook page and I'd probably find the address listed.

For all you hacks out there that think the veterans on this site a crabby and not very helpful, you're welcome for this money saving tip brought to you by BRADSConst!

I know for a FACT that Cyprexx has members here. I would suspect that FNMA lurks as well. SHAME ON YOU! The prices in my county are $78/ton at the landfill. So your "Contractors" can't afford to properly dispose of stuff.

I'll be in the county office pulling a building a permit and I'm going to bitch. Enjoy your fine and violation.

I took these pictures today. This is a FNMA property that Cyprexx is the servicing company. I also know the realtor, she's a real piece of work too. I've been following this property for a few months, I want to add it to rental portfolio.

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post #2 of 4 (permalink) Old 08-02-2015, 07:05 PM
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Had a national call us to do an out of area follow up. The house was a shack across the street from the river. The back yard ran about 100' and dropped off at a 20-30 degree incline into timber and brush. The coordinator had a complaint from a neighbor that the one and done crew cleaning out the house had dumped most of their load down the hill. Sure enough, we got 30' down the slope and found furniture, appliances, tires, raw trash, etc. At least 30 cyds. Her first question was "How hard is it too see" Does the foliage cover most of it?"
They didn't want to pay my bid to chain saw a path to winch chest freezers and sleeper sofas back up the hill. They knew it and blew it off. From my understanding, the neighbor waited until he discovered the property was sold and then called the city.
What did the nationals learn 15 years ago? Don't hire the cheapest labor around; hire the cheapest labor around and force them to carry your insurance and wait 60 days to get paid and skim invoices to finance those slush funds and cover issues like that.
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post #3 of 4 (permalink) Old 08-02-2015, 08:01 PM
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Yeah, up here too. Lots of things shoved behind garages for pictures, trash dumped on side streets, into other already trashed out houses, etc. Complete idiocy.
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post #4 of 4 (permalink) Old 08-02-2015, 08:55 PM
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Same here unfortunately.... What can be done though? Absolutely nothing unless the "culture" of the industry miraculously changes. The worst part is getting reminders of how dangerously unskilled and uneducated some of these "contractors" are. For example... The bid approval I got today for a property I've never been to. Therefore certainly wasn't my bid. Obviously a bid from a fly by night M.E.N.S.A member. Lol 3 grand to completely demo a circa 1920, 1500 sqft two story house. To include complete debris removal, back fill foundation hole, and deal with any possibility of absoetos and lead paint. Yea........ I'm good. Someone else can have that one. Lmfao ;-)
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