Thu Feb 29 17:11:45 EST 2024
Home#OpEdFreddie Mac Raise Pricing Sky High

Freddie Mac Raise Pricing Sky High

Labor Wants Proverbial Blood As Prime Vendors Refuse Pay Hikes

Initial Grass Cuts for properties under 10,000 square feet have now topped out at $450. That is not a typo! We have all the details below, but just like the rest of the NAMFS Regime Fat Cats, Labor will never see a penny of it. The #TwoForVerisk NAMFS Executive Director Eric Miller and NAMFS President Matt Zoldowski have taken a blood oath from firms like A2Z Field Services — who just lost 5 states of Freddie Mac — Cyprexx, Guardian, ServiceLink, et al. to keep Labor at $3 inspections and $27 grass cuts. Sickening!

EXPENSE REIMBURSEMENT FOR PRESERVATION AND MAINTENANCE OF VACANT PROPERTIES

We have increased the reimbursable expense limits for the following expense codes associated with the preservation and maintenance of abandoned Mortgaged Premises:

Reimbursable expense limits for abandoned properties Current reimbursement limit New reimbursement limit

Yard Maintenance/Preservation

090020 (Securing) (Slider Locks)

$50.00 $75.00

090021 (Securing) (Window Locks)

$50.00 $100.00

093004 (Initial Yard Maintenance) (Greater than 10,001 sqft)

$405.00 $525.00

093005 (Initial Yard Maintenance) (Lots up to 10,000 sqft)

$255.00 $450.00

094013 (Yard Maintenance) (Greater than 10,001 sqft)

$255.00 $450.00

094016 (Yard Maintenance) (Lots up to 10,000 sqft)

$185.00 $270.00

Property Inspections

404005 (Exterior Property Inspection)

$20.00 $30.00

404007 (Interior Property Inspection)

$25.00 $45.00

404016 (Ordinance inspection) (Weekly)

$20.00 $30.00

404017 (Ordinance inspection) (Bi-Weekly)

$20.00 $30.00

Miscellaneous

191035 (Discoloration)

$400.00 $500.00

200000 (Roof Repair/Replacement)

$1,000.00 $1,150.00

 

Join with the IAFST today and begin to have your voice heard!

Paul Williams
Paul Williamshttps://foreclosurepedia.org
Off Grid Linux Junkie and Always a Friend of Labor!

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