removal of vehicles - REO Property Preservation Forum
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post #1 of 14 (permalink) Old 07-19-2012, 09:53 AM Thread Starter
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removal of vehicles

Here in CT when we remove or tow a vehicle, we are required by law to store it for 30 days and file paperwork with DMV. I have always wrote the bid to say "tow vehicle ($150) and store for 30 days @ $10 per day BID $450.

Well this is a first, as one national spit it back and stated for me to re-write the bid to just show the tow, as storage would be the responsibility of the owner. Well I agree storage is the responsibility of the owner, which is now the bank as far as I am concerned. Am I wrong here? One does not say oh well the debris is owners responsibility remove.

thoughts?
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post #2 of 14 (permalink) Old 07-19-2012, 10:23 AM
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I would say that regardless of who owns the vehicle, the service company is requesting that it be removed, and they are responsible for its storage fees. How they want to pay for that is entirely up to them. They can either absorb the costs, try to get you to absorb the costs, or pass the costs on to their client.

I've got a pretty good idea how I'd respond to them.
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post #3 of 14 (permalink) Old 07-19-2012, 11:50 AM
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What are your intentions with the car? Around here people will pay you to come get the car and store it for the 30 days at their own expense and do the required paperwork. Or at minimum, take it free.
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post #4 of 14 (permalink) Old 08-30-2012, 07:56 PM
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Quote:
Originally Posted by NewEnglandProp View Post
Here in CT when we remove or tow a vehicle, we are required by law to store it for 30 days and file paperwork with DMV. I have always wrote the bid to say "tow vehicle ($150) and store for 30 days @ $10 per day BID $450.

Well this is a first, as one national spit it back and stated for me to re-write the bid to just show the tow, as storage would be the responsibility of the owner. Well I agree storage is the responsibility of the owner, which is now the bank as far as I am concerned. Am I wrong here? One does not say oh well the debris is owners responsibility remove.

thoughts?
Reminds me of a situation I had earlier this year, did a CFK and the owner of the duplex was never on site (supposedley in Jamaica) but there were two vehicles left in the rear of the property that belonged to him a "97" Lexus and a "92" Infinti ,long story short after placarding them he finally shows up and says he'll have them gone by Friday... on Sunday I go to the property to clear snow from the property and sure enough the Lexus is gone..on Monday he calls me and says "I'm gonna get the Infinti out of there today, I say "cool " as I'm about to hang up he has one last question "what did I do with the Lexus? "

Last edited by Racerx; 08-30-2012 at 08:01 PM. Reason: punctuation
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post #5 of 14 (permalink) Old 09-02-2012, 06:17 PM
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Hypothetically speaking. I would almost think it is less hassle if it somehow ended up out in the street @ curbside parking. Just sayin.

Not that I have ever done such a thing. But hypothetically if I did, I'm sure my camera would have ample pictures showing ALL of the vehicles parked in the street.
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post #6 of 14 (permalink) Old 09-02-2012, 07:48 PM
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post #7 of 14 (permalink) Old 09-03-2012, 07:42 AM
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I hired some guys one time that had worked for another company doing trashouts and evictions. They told us that their old boss would have them push the abandoned cars into the street or the alley and just walk away.
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post #8 of 14 (permalink) Old 09-04-2012, 06:56 AM
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I'm not even going to say which national I learned that trick from...but they have been around for a LONNGGGG time.
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post #9 of 14 (permalink) Old 09-17-2012, 12:25 PM
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I always just call a tow company. They take it for free, do the paperwork to try to contact the owner, and then sell it at auction after 90 days. I still get the $150 for facilitating that.
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post #10 of 14 (permalink) Old 09-22-2012, 07:26 AM
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I've been told by the tow companies here that they won't touch the vehicle unless they have titile to it. So I'm kinda stuck. If I move a car, I have to store it. Do the paper work for the abandoned title. Then I can sell it to a salvage company or whatever. On abandoned vehicles, I bid $600 less discount.

Hmmm, I haven't removed any abandoned vehicles lately...
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