FHA bids - REO Property Preservation Forum
 
LinkBack Thread Tools Display Modes
post #1 of 4 (permalink) Old 06-15-2012, 11:31 AM
SWOH REO
Guest
 
Posts: n/a
FHA bids

Has anyone else heard that they are now requiring personals and debris to be bid separately?
Sponsored Links
Advertisement
 
post #2 of 4 (permalink) Old 06-15-2012, 12:37 PM
Senior Member
 
thanohano44's Avatar
 
Join Date: Aug 2012
Posts: 2,016
Thanks: 1,397
Thanked 289 Times in 168 Posts
Quote:
Originally Posted by SWOH REO
Has anyone else heard that they are now requiring personals and debris to be bid separately?
We started doing this last summer. We refused to remove just debris and leave debris. Just gives them one more way to screw us and call debris/personals and vice versa.
thanohano44 is offline  
post #3 of 4 (permalink) Old 06-15-2012, 07:49 PM
FremontREO
Guest
 
Posts: n/a
Been doing that for FHA for over 5 years. Those that have not been doing that have been risking the nasty "who stole my personals" from the prior homeowner and prior homeowners Lawyers.

Problem is: Everything is personal item unless garbage and food items. Remember the motto "one persons junk is another persons treasure" ??? I REALLY applies to homeowners who has their personals removed by the P&P Contractor.

HERE the lawyers are ADVERTISING on radio/TV to "Call if you have a house that went through foreclosure and items have been removed from the home"....

They aren't spending the big bucks advertising if they aren't getting $$$ in return.
Sponsored Links
Advertisement
 
post #4 of 4 (permalink) Old 06-15-2012, 11:14 PM
Senior Member
 
BamaPPC's Avatar
 
Join Date: May 2012
Location: Alabama
Posts: 414
Thanks: 95
Thanked 283 Times in 133 Posts
my motto has always been, if it was ever bought...it's a personal. Period. Fortunately, most banks set a dollar value where they set a cut off for considering materials either debris or personals. example - if personals are prsent with a value of $1000 or more, then remove nothing. Of course, then it's up to you to put a value on things.
BamaPPC 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