Conveyance condition reporting - REO Property Preservation Forum
 
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post #1 of 3 (permalink) Old 10-01-2015, 06:44 PM Thread Starter
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Conveyance condition reporting

I was talking this morning with a guy I run into at the gas station now and then. He is working for Taylors Daughters. He is a good guy but new to the biz and very inexperienced and unaware of the liability target on his back. He mentioned he was going to do an ICC report today. I have no experience with it but the warning bells went off in my head. Without much experience, I told him to do everything he could to be able to report NOT in CC, because if he reported ICC and it wasn't he could be liable for a huge mess. Did I tell him correctly or did I scare him for no reason? What kind of $$ does this involve if improperly reported?
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post #2 of 3 (permalink) Old 10-02-2015, 11:09 AM
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Originally Posted by safeguard dropout View Post
I was talking this morning with a guy I run into at the gas station now and then. He is working for Taylors Daughters. He is a good guy but new to the biz and very inexperienced and unaware of the liability target on his back. He mentioned he was going to do an ICC report today. I have no experience with it but the warning bells went off in my head. Without much experience, I told him to do everything he could to be able to report NOT in CC, because if he reported ICC and it wasn't he could be liable for a huge mess. Did I tell him correctly or did I scare him for no reason? What kind of $$ does this involve if improperly reported?
Great warning bells ! I've completed hundreds of ICC orders with about 2 marked ICC. Possible liability is enormous ! In my area PK MG are the guys who do the ICC inspections, the guys who want you to back feed electrical systems, which says it all in my book. Great liability for a stinking trip charge !
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post #3 of 3 (permalink) Old 10-02-2015, 01:32 PM
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I'm loving conveyance condition orders, go in and find what other contractors half a$$ed and missed, fix it at their cost and make your company look a whole lot better. Just have to be extra thorough.
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