REO Property Preservation Forum banner
1 - 20 of 47 Posts

· Registered
Joined
·
1 Posts
Discussion Starter · #1 ·
I am an attorney seeking information about how the banks are abusing contractors..I am particularly interested about how they are not paying for work that you did, charge backs, and generally allowing contactors to do work, but then not paying them for it.

please call or email me [email protected]
 

· Premium Member
Joined
·
4,096 Posts
Its the service companies that you need to look at.


They never produce evidence of their alleged charge backs, just demand that you take their word for it.
Yeah they make themselves look like they are lying.
 

· Registered
Joined
·
616 Posts
Look here for a different perspective

Ownership and possession need i say more

2 different words and a veil is put over on the contractors to not have access to the info as to which the bank has. Without both We ( contractors) are not to set foot in the properties. ITS TRESPASS

We are lead to believe the bank has a right to enter the property so we do the work. Then get named In a suit and drug through the mud.


http://www.preservationtalk.com/showthread.php?t=71
 

· Low quality low cost
Joined
·
2,340 Posts
Look here for a different perspective

Ownership and possession need i say more

2 different words and a veil is put over on the contractors to not have access to the info as to which the bank has. Without both We ( contractors) are not to set foot in the properties. ITS TRESPASS

We are lead to believe the bank has a right to enter the property so we do the work. Then get named In a suit and drug through the mud.


http://www.preservationtalk.com/showthread.php?t=71

Wow! I hope it woks out for you man!
 

· Registered
Joined
·
7 Posts
Vendor rights ! We want fair pay on time , no mistery charge backs or qc issues weeks or months later with no way to dispute them. Most of the service companys ripp us off it costs an average of $100.00 per day to work for these companys and then they dont pay us for services rendered . Im telling you vendors we can get more if we stand together . Hello they need us and we need them not to take advantage of us
 

· Registered
Joined
·
31 Posts
1# out of 4# orders are never paid, or shorted.! no reply or the general reason why.? three month later they say a memo was sent out which i never received. (changes in photo requirements ect.ect.) there are to many middle men and branches of the bank in p&p no one to point the finger at when your shorted or never paid. laying on the couch at home, you can be rested and broke. Or you can work 60hr a week and have $500 to $1000 in expenses and be in the poor house.the labor pool is enormous there is always some chump waiting behind you to take your place. i think its time to let the next chump step up to the plate and pay some big bank to work for them.( one step foward and three steps back. never will you get ahead that way.
Vendor rights ! We want fair pay on time , no mistery charge backs or qc issues weeks or months later with no way to dispute them. Most of the service companys ripp us off it costs an average of $100.00 per day to work for these companys and then they dont pay us for services rendered . Im telling you vendors we can get more if we stand together . Hello they need us and we need them not to take advantage of us
 

· Registered
Joined
·
2 Posts
1# out of 4# orders are never paid, or shorted.! No reply or the general reason why.? Three month later they say a memo was sent out which i never received. (changes in photo requirements ect.ect.) there are to many middle men and branches of the bank in p&p no one to point the finger at when your shorted or never paid. Laying on the couch at home, you can be rested and broke. Or you can work 60hr a week and have $500 to $1000 in expenses and be in the poor house.the labor pool is enormous there is always some chump waiting behind you to take your place. I think its time to let the next chump step up to the plate and pay some big bank to work for them.( one step foward and three steps back. Never will you get ahead that way.
sounds like hfs of utah
 

· Registered
Joined
·
6 Posts
Banking

I am an attorney seeking information about how the banks are abusing contractors..I am particularly interested about how they are not paying for work that you did, charge backs, and generally allowing contactors to do work, but then not paying them for it.

please call or email me [email protected]
Honestly: I have read most of the inputs and cannot figure out how high the levels of judgments are. I cannot honestly say Management Contractors are always right, however, the blame cannot always be placed on the Management Contractors. The blame should always goes in both directions. Field Contractors accept the agreement to work and then bring up a 1000 questions after words which should have been discussed prior to indepth communications and business transactions. Either way, you asked an open questions which increases your chances of judgemental responses instead of facts. No insult intended, however fact is your interests are warranted.I to am researching the same relative questions you are.

Property Preservation is a hard industry to work in. You are judged from all directions. As with any business respectively, speaking directly concerning for-profits, the idea is to make a profit. Field Contractor forget the levels Management Contractors have to go in order to secure the Contracts. Management Contracts are also not as respective as they should by the banks. Its obvious Contractors are seeking profits as most should. Taking the time to understand why Wal-Mart does not make their profits transparent is the same as the Management Contractors doing the same. Field Contractor demand to know the amount of profit being made by the Management Contractor in order to review whether or not the Field Contractor is not getting screwed. I guess it should stand to reason, we should ask the Wal-Mart Management to see how much they make off our purchases. Listen, this is not going to happen.

When Field Contractors understand that they are not always right and the Management Contractors understand the amounts of revenue being spent to handle these properties, aspect of maintenance will be better view.

Under my research, I have found that most of the blame lies on the Government who controls the amounts paid to banks due to the bail-outs. Chase had and is still having a serious issue with getting their debts paid. They still own millions to Management Contractors for services rendered. I tend to ignore the trouble makers as I have serious research to complete, not judgemental answers. I can almost promise a large number of responses from this information. One other issue; many who respond are not Field Contractors at all, they are previous homeowners who were evicted for non-payment. I have found many are angered for being evicted. I myself have been searching for a bank who would not mind a homeowner just living in the property without paying a dime which creates debt to the bank and a loss of to the investors. More over, the Homeowner has had difficulty due to the economy. Interestingly enough, I have reviewed many homeowners slandering the bank for the eviction. I guess the homeowner expected the bank to let them live there for free. Some of my research may look the same as yours, if the individual does not get their way, they have to lash out in justifications to make the bank look bad. I myself cannot imagine allow an individual to live in my properties without paying. The damages would be overwhelming.

If you respond, I will forward any research I have collected.
 

· Premium Member
Joined
·
1,059 Posts
I would not believe everything you ready on the internet especially ripoff alerts. Ripoff alerts are individual opinions, not facts. Seek the facts.
I worked for Agnew Property Maintenance. If YOU would like to seek the facts. As a Field Contractor, I'll give them to you. In this particular case, Ripoff Reports is correct.......and I didn't post anything there, I just cut my loses and walked away.
 

· Registered
Joined
·
6 Posts
Note

I worked for Agnew Property Maintenance. If YOU would like to seek the facts. As a Field Contractor, I'll give them to you. In this particular case, Ripoff Reports is correct.......and I didn't post anything there, I just cut my loses and walked away.
Note: I did not say all the information was not facts, I said most or at least I meant most. Anyone who believe anything they read on the internet including rip off alerts deserves what they get. I have found much information through feedback facts that information pertaining to subject to me mostly false and all opinionated.
 
1 - 20 of 47 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top