Fri Apr 19 9:07:51 EDT 2024
HomeBlogPost and Store Shifts REO/PP Workers into Storage Business

Post and Store Shifts REO/PP Workers into Storage Business

In February of 2012, Wells Fargo implemented a new policy of Post and Store for all property contained within foreclosed homes in the United States. Prior to February, the normal procedure regarding disposal of debris within their control was to properly dispose of all non personal property according to local regulations. This disposal paid a flat fee based upon cubic yards removed. Presumably, this shift in policy is to address their liability for removal of what could be characterized as personal property from dwellings which are perceived as abandoned.

Industry wide, the common procedure has been to conduct . . .

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Paul Williams
Paul Williams
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