16
Nov
10

Short Sales and Winterization

Winter is in the air and for many agents it means its that time again… Winterization time! Now for many, this word is a forbidden scary situation due to the many things that could possibly happen, your cute little love nest for sale can become an ice palace perfect for an Eskimo. Your castle in the mountains will become the house that mold built. However there is hope with ensuring these three  easy steps are taken you too can become a winterization expert!

Step one: Protecting you and your company from the big bad bank! Photos required for your protection

  1. Wint sticker on front door of the property and on all fixtures
  2. Pink Glycol being poured down all drains and toilets in house blue tape across sinks
  3. Picture of water being turned off
  4. Pressure gage holding 35 psi in pipes
  5. Picture of boiler or hot water heater being drained
  6. Pipes being blown out
  7. Water meter being removed (except in states where law prohibits)

Step two: Hobos and homeless are a national problem!

  1. Check your properties on a weekly basis, as homelessness spreads, vacant homes become targets. If your unwelcomed house guest has used the toilets your wint has been compromised.. time to start all over.
  2. If your home gets an unwelcomed guest several states enforce squatters rights (see http://definitions.uslegal.com/s/squatters-rights/)  this then requires eviction.
  3. If your property has been vandalized or corrupted in any way contact your local law enforcement immediately so the bank does not hold you responsible.
  4. Usually if you have squatters your going to have vandalism, alert the bank and owners immediately the most common vandalism is the stripping of the copper from the piping for money. Holes in walls, feces on floor etc vacant homes can become a nightmare. Keep your property safe by keeping electric on, make sure it looks like someone lives there.. pick up papers and old mail. Those are a few tell tell signs a home is vacant.

Step 3:  Always prepare for the worst and hope for the best. Winter doesn’t have to be a bad if you follow the 2 easy steps above you can rise above the chaos, sit back enjoy some hot chocolate and know your properties are safe and sound.

By Nicole Rickardson- Key Concepts

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