Sale Date Inspection
An inspection to determine the physical condition of a property and report any damage or unsecured conditions so that ownership of the property may occur on a certain date. Must be performed on the specific date given in your inspection order form.
Scope of Work
The list of injuries or harm to an insured property usually prepared by an insurance adjuster to determine the amount of insurance claim to be paid, or by a construction contractor determining a bid for the repairs.
The insurance adjuster will prepare an estimate for the damages based on the scope using a computerized estimating platform. You may also have a contractor of your choice prepare a repair estimate based on the same SCOPE OF DAMAGES.
Sheriff Assisted Lock Out
When the owner of a property has followed the legal requirements for eviction and has obtained a court ordered eviction of the occupant of a property the Sheriff of the county directs and witnesses the eviction.
In the mortgage field services industry, Property Preservation personnel normally provide the labor for moving personal belongings out of the property and changing any locks if so directed by the Sheriff.
Secure Pool to Area Specification
Secure a pool or hot tub at the property according to the regulatory requirements for the loan type. The securing may include decking, screening, water removal, chemical treatment, gate/fence padlocking. If no regulatory guidelines are applicable for the loan type, the HUD guidelines are normally followed.
Signing Agents are notaries public who specialize in the process of obtaining and notarizing the signatures on loan documents. Lenders rely on a Signing Agent to complete the signing portion of the transaction and assist borrowers with proper execution of the documents.
A Signing Agent may answer “what” (give a definition) but not “why” (regarding terms and conditions.) Signing Agents can “identify” (point out key features and secure proper signatures), but do NOT “explain.” Borrowers are referred back to the document originator for “why” or explanations other than definitions.
The signing agent makes sure each signer is physically present, is identified appropriately, that all documents are signed and initialed, and that each signature that requires notarization is properly notarized and that all documents are returned to the form originator.
A form left in a property that is used to record who, what, when, where and why of a visit to the property.
Remove snow from a property.
· At age 4 success is . . not peeing in your pants
· At age 12 success is . having friends
· At age 16 success is . . . having a drivers license
· At age 35 success is . having money
· At age 50 success is . . . having money
· At age 70 success is . . having a drivers license
· At age 75 success is . having friends
· At age 80 success is . not peeing in your pants