Worthless winterizing....... - REO Property Preservation Forum
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post #1 of 23 (permalink) Old 09-11-2012, 11:23 PM Thread Starter
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Worthless winterizing.......

Why do we have to winterize teardowns? If there was any sort of codes here the last 2 winterizes we did would be condemned. There is no saving them. One is 576 Sq Ft and falling ito its own foundation. I won't go back into it. One is nearly as bad, Trashed, falling apart and full of rats, roaches, fleas and such. Again, a teardown and the realtor has explicitly told them this but NOPE! Gotta winterize them! Had one 2 years ago that is was told to winterize. (Fannie Mae) Pipes had burst and house was growing mold FAST. Got it winterized, Didn't hold pressure of course! It was purchased by a neighbor and torn down 2 months later. Did a PARTIAL today. Water heater split, pipes burst, poured into the kitchen trap without issue, Poured into the bathroom trap and it was cracked, Poured into the toilet bowl which was dry and found out why it was dry when pink came out on the floor, Poured into the tub and heard it dripping in the crawlspace. What a waste of time and money..........
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post #2 of 23 (permalink) Old 09-12-2012, 12:07 AM
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You know the answer to this........ its so the regional/national can get their 20% cut off the wint invoice.

Nothing more.
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post #3 of 23 (permalink) Old 09-12-2012, 01:44 AM
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Quote:
Originally Posted by BPWY
You know the answer to this........ its so the regional/national can get their 20% cut off the wint invoice.

Nothing more.
The answer is really that they've agreed to perform that service on each property or must attempt to perform those services to be in compliance with insurer guidelines.

So thats the angle they must use to free themselves from any potential damages that could be charged back to them.

It's sort of like us PP dummy's submitting bids for everything to remove all liability from us. In order for the CPI to cover anything, the lender must have made an effort to prevent further damage and report existing damages. Once those damages with a bid has been supplied, all liability is placed on the insurance or guarantor.
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post #4 of 23 (permalink) Old 09-12-2012, 05:12 AM
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Down the hall and to the right. They are showing how to cut in this morning.
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post #5 of 23 (permalink) Old 09-12-2012, 10:34 AM
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Or on the flip side of that. I stop at a property yesterday to do an assessment of a property to bring it up to rentable condition for an investor. I noticed that the 5Brothers contractor had been there 3 days ago to do a wint.......




Quote:
Originally Posted by mtmtnman
Why do we have to winterize teardowns? If there was any sort of codes here the last 2 winterizes we did would be condemned. There is no saving them. One is 576 Sq Ft and falling ito its own foundation. I won't go back into it. One is nearly as bad, Trashed, falling apart and full of rats, roaches, fleas and such. Again, a teardown and the realtor has explicitly told them this but NOPE! Gotta winterize them! Had one 2 years ago that is was told to winterize. (Fannie Mae) Pipes had burst and house was growing mold FAST. Got it winterized, Didn't hold pressure of course! It was purchased by a neighbor and torn down 2 months later. Did a PARTIAL today. Water heater split, pipes burst, poured into the kitchen trap without issue, Poured into the bathroom trap and it was cracked, Poured into the toilet bowl which was dry and found out why it was dry when pink came out on the floor, Poured into the tub and heard it dripping in the crawlspace. What a waste of time and money..........
post #6 of 23 (permalink) Old 09-12-2012, 10:46 AM
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Oh my P.


I've seen that so many many times that I've long since lost count. I used to turn those in and request a re-wint w/o.
NEVER got em, I guess they don't care.
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post #7 of 23 (permalink) Old 09-12-2012, 11:01 AM
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Yep me too. It's pretty sad actually. Just reinforces my point that not every person that can do trashouts/lawn care should be allowed to actually "preserve" a property from damages.

Should have seen the amount of water that came out of the water heater when I opened that up. Didn't bother taking a pic of it.
post #8 of 23 (permalink) Old 09-12-2012, 11:13 AM
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When I've done SG 1x work and also QC's behind SG's full time contractor I've run into entire houses that only had RV poured into the toilets for their full winterization.

Lines were clear full, the water heaters were full. But oh yeah, the toilets had the pink stuff in them.

One winter I was doing REO work after the full time vendor had allegedly done the P&P initial secures................ EVERY one the plumbing was froze/broke that this guy had "winterized".
To the best of my knowledge 3 years later hes still their full time vendor.
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post #9 of 23 (permalink) Old 09-12-2012, 11:21 AM
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Speaking of worthless wint....I heard that one of the Big Guns just lowered their wint price to $70 before discount = $56 net? Seriously????? WTH
post #10 of 23 (permalink) Old 09-12-2012, 11:22 AM
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It has become so common it isn't even suprising anymore. Anyone with just a little experience and a sliver of common sense knows to go open every valve. They never thought the house might have a faucet outside?
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