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post #1 of 27 (permalink) Old 10-24-2015, 08:26 PM Thread Starter
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Unhappy FNMA Wints

So i have been to several properties over the past month to do rewints. I have been told to walk away from properties if they have wet systems. If they don't go through the whole procedure, even if they have been previously winterized. So i did...and only one passed the pressure test. All other had burst pipes. These properties were previously under the watch of SG. I have noticed wintz stickers dated in April and May. Many of the hacks didn't do them right and didn't care or the property was already compromised? So the best part is i show up at a property today to do a GC and i see a notice stating that property had been recently winterized by the broker because it had a wet system. My curiosity got me and i had to inspect their work. First thing i checked, drain valve on boiler. open the valve and water starts gushing out, water heater same. So did the broker actually wint the system? I didn't waste anymore time checking the heating zones. I already saw what i needed to see. Don't know if I am going to call the broker. I have had to many ridiculous requests to return to a property and preform xxxx and too many failed BSOs! J/k i already put the call in and hopefully can pick up some more work!
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post #2 of 27 (permalink) Old 10-24-2015, 08:55 PM
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Assero's FNMA contract does not include wet systems

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So i have been to several properties over the past month to do rewints. I have been told to walk away from properties if they have wet systems. If they don't go through the whole procedure, even if they have been previously winterized. So i did...and only one passed the pressure test. All other had burst pipes. These properties were previously under the watch of SG. I have noticed wintz stickers dated in April and May. Many of the hacks didn't do them right and didn't care or the property was already compromised? So the best part is i show up at a property today to do a GC and i see a notice stating that property had been recently winterized by the broker because it had a wet system. My curiosity got me and i had to inspect their work. First thing i checked, drain valve on boiler. open the valve and water starts gushing out, water heater same. So did the broker actually wint the system? I didn't waste anymore time checking the heating zones. I already saw what i needed to see. Don't know if I am going to call the broker. I have had to many ridiculous requests to return to a property and preform xxxx and too many failed BSOs! J/k i already put the call in and hopefully can pick up some more work!
This is actually a good thing, the contractor makes more money per unit, with less liability. Walk away. On the P&P side where you must check the integrity of the wint on every order this time of year, I have found one system so far without water. The last one was supposedly winterized on 10/5. The system was full right to the top, and it was actually a rewint. Two companies had previously winterized this system, at least. The worst part of it is, both of those companies pay enough to do it correctly.
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post #3 of 27 (permalink) Old 10-24-2015, 11:05 PM
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FNMA realtors turn heat on thus the reason for not winterizing wet systems.
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post #4 of 27 (permalink) Old 10-25-2015, 06:29 AM
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I have yet to see a wet system turned on

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FNMA realtors turn heat on thus the reason for not winterizing wet systems.
on a FNMA property unless it was just for an inspection. That's what the policy is, but it almost never happens. The brokers will just let them freeze. Then an inspector will fail the QC for a dirty wall when the radiators explode.
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post #5 of 27 (permalink) Old 10-25-2015, 10:11 AM
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Quote:
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So i have been to several properties over the past month to do rewints. I have been told to walk away from properties if they have wet systems. If they don't go through the whole procedure, even if they have been previously winterized. So i did...and only one passed the pressure test. All other had burst pipes. These properties were previously under the watch of SG. I have noticed wintz stickers dated in April and May. Many of the hacks didn't do them right and didn't care or the property was already compromised? So the best part is i show up at a property today to do a GC and i see a notice stating that property had been recently winterized by the broker because it had a wet system. My curiosity got me and i had to inspect their work. First thing i checked, drain valve on boiler. open the valve and water starts gushing out, water heater same. So did the broker actually wint the system? I didn't waste anymore time checking the heating zones. I already saw what i needed to see. Don't know if I am going to call the broker. I have had to many ridiculous requests to return to a property and preform xxxx and too many failed BSOs! J/k i already put the call in and hopefully can pick up some more work!
When you pay peanuts all you ever get is monkeys ! Time and time again I have found water present in all systems after property " winterized " by 2 other contractors. Brokers even have a hard time with a simple lock change.
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post #6 of 27 (permalink) Old 10-25-2015, 10:14 AM
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Really? Maybe it's the zone/area or a bad realtor? Here nearly all FNMA homes are rehabbed and must pass occupancy inspection before sale unless it is a complete dump. It's smart to see the properties winterized since we do see a major ice storm once a winter and power goes out--sometimes for multiple days--that is the reason the realtors hire plumbers to add Triethylene to the wet systems so the system doesn't freeze. Then again I work with very smart and savvy realtors.
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post #7 of 27 (permalink) Old 10-25-2015, 10:24 AM
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Originally Posted by disgusted View Post
When you pay peanuts all you ever get is monkeys ! Time and time again I have found water present in all systems after property " winterized " by 2 other contractors. Brokers even have a hard time with a simple lock change.
A full water heater is one thing, but a little water left behind can be very common. Most P&P contractors, and I use that term loosely, don't use a compressor with high enough CFM to remove all the water. I would bet a case of beer that fewer than 5 people on this forum own/rent a large enough compressor for wet systems. Water gets pushed around (vapor lock) and then over time settles back to lowest point.



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post #8 of 27 (permalink) Old 10-25-2015, 10:27 AM
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Quote:
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Really? Maybe it's the zone/area or a bad realtor? Here nearly all FNMA homes are rehabbed and must pass occupancy inspection before sale unless it is a complete dump. It's smart to see the properties winterized since we do see a major ice storm once a winter and power goes out--sometimes for multiple days--that is the reason the realtors hire plumbers to add Triethylene to the wet systems so the system doesn't freeze. Then again I work with very smart and savvy realtors.
A lot of our homes are dumpy and don't get rehabbed. However, unless its a damaged wet system, the heat is turned on and set to 55.

I think the problem is lazy realtors that don't want to wait or submit the paperwork to get reimbursed for utility expenses.



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post #9 of 27 (permalink) Old 10-25-2015, 10:36 AM
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Almost all homes in our area are sold as is. Very very rarely do they ever rehab one.
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post #10 of 27 (permalink) Old 10-25-2015, 10:42 AM
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I think it is the realtor being unknowledgable? Houses sell faster and for more when fixed. Higher sale price = higher commissions.
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