February 13th, 2011 → 12:58 am @ terry
HUD regulations do not state the need for a license of any type. The General Requirements portion of the regulations states, under paragraph title: Mortgagee Responsibility: ” A Mortgagee may use any individual or firm to perform preservation and protection services on properties securing FHA-insured mortgages, however, the Mortgagee remains fully responsible to HUD for its actions and the actions of its agents.” This statement in the HUD Regulations is the foundation for all companies placing full responsibility for all field services performed by independent contractors upon the contractors themselves.
As independent contractors, property preservation contractors are assuming total responsibility for their services and will normally need to be licensed by their city, state and county authorities. In some cases, depending on the types of services offered, the contractor may be required by local (state, county and city) to obtain one or more licenses.
It would be impossible to list what licenses may be needed by contractors across the country so each contractor has the responsibility of acquiring and maintaing licensing for their area of operations and services within their area. Although not all property preservation contracting services involve the full scope of responsibilities normally required of other craftsmen and professionals, the mere mention of some preservation duties may result in licensing authorities stating that a license is needed “for that.”
Contractors are encouraged to create a list of potential services that may be performed and notate the craft or trade category normally associated with those services. With this list in hand, discuss potential licensing requirements with legal, insurance and financial counsel before approaching local licensing authorities.
The following list of common construction trades can, in some areas, require licensing or union membership. Again, although property preservation contractors normally do not identify themselves as a craftsperson within a certain trade, depending on the location and circumstances, licensing may be required. This list is not a complete list of all construction trades and is to be used only as an example list from which contractors can start their own list.
Building Construction
Carpentry
Cement Mason
Cladding
Drainage
Electician
Framing
Glazing
Heating, ventilation and Air-conditioning
Iron worker
Laborer
Insulation
Joinery
Masonry
Painting and Decorating
Pipe Fitter
Plastering
Plumbing
Roofing
Steel Worker
Stonemason
Tile Setter
February 7th, 2011 → 4:24 pm @ terry
We are a full service nationwide provider of mortgage field services, working together with major financial institutions and realtors alike to provide the highest quality in REO PPO property preservation and inspection services. Our range of services include occupancy inspections, natural disaster inspections, initial services, minor and major repairs, securing, janitorial services, landscaping services, debris removal, winterizations, evictions, recurring services and complete rehabilitations.
Andrew
714-669-1579
May 14th, 2010 → 6:59 pm @ terry
Seems like one independent contractor got so upset with the treatment received from a certain mortgage services company that considerable money was spent to go as close as possible to the top to register a complaint. I can’t say exactly how many times the word “fraud” was used but it was more than once.
After weeks of work and thousands of dollars, word came down that there is no one that cares to investigate complaints or care to look into servicing company / independent contractor issues. Well, I already knew this but this contractor is just like the rest of us, you and me – he figured he was different; it would never happen to him. Yeah, right!
There’s always a bright side to every story though. I finally understand the free market system. In fact the actual words that came down were “we don’t get involved in the free market system”. Shazam! How could I have not noticed this all these years? Free Market System? It means that when a national company does not pay the contractor, then the contractor is actually working for free.
Duhh!