Property Preservation Services
Best Property Preservation Service and Cost in Albuquerque, NM
Best Albuquerque Handyman & Remodeling
Property Preservation Service near Albuquerque, NM: Are you looking for the Best Property Preservation Service near Albuquerque, NM ? Best Albuquerque Handyman & Remodeling, We work with our vendors to secure the property, remove any debris, conduct regular lawn maintenance and winterize when necessary. We share a common goal of getting a property into conveyance condition. Cost? Free estimates! Send us a message or call us today. Best Property Preservation Service around Albuquerque, NM. We serve Albuquerque, NM and other areas.
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PROPERTY PRESERVATION SERVICE IN ALBUQUERQUE, NM
Property Preservation Services
Property Preservation Service near Albuquerque, NM: Best Albuquerque Handyman & Remodeling works with servicers throughout the United States and its territories to ensure the properties they are responsible for are preserved and maintained in a manner that complies with the regulatory guidelines for the loan type as well as any code compliance legislation for the area. We work with our vendors to secure the property, remove any debris, conduct regular lawn maintenance and winterize when necessary. We share a common goal of getting a property into conveyance condition.
Lawn Maintenance
Best Albuquerque Handyman & Remodeling will perform the necessary lawn maintenance to maintain the property’s appearance, prevent further degradation to the grounds and relieve the property of any existing or potential violation of local ordinance. Lawn maintenance includes mowing the lawn, weeding, edge trimming, sweeping of all paved areas (sidewalks, driveways, patios, etc.) and removal of all lawn clippings, related cuttings and incidental debris. The disposal of all clippings and incidental debris is removed in compliance with jurisdictional requirements.
Best Albuquerque Handyman & Remodeling also provides an automatic grass cut program, where we will maintain the grounds at the property according to the applicable investor guidelines for each loan type. We will continue maintaining the grounds at the property until instructed to remove the property from the program or when maintenance is no longer needed, as specified by the investor specifications for each loan type and/or client requirements.
Initial Secure
Property Preservation Service near Albuquerque, NM: This property preservation service authorizes Best Albuquerque Handyman & Remodeling to perform required services based on the applicable investor guidelines and/or client requirements. For loan types with no applicable regulatory guidelines, the HUD guidelines will be followed. Services typically include changing an entry lock, locking all windows and doors, winterizing to the applicable specifications and maintaining the exterior grounds, when in season.
Winterization
This property preservation service authorizes Best Albuquerque Handyman & Remodeling to winterize the plumbing at each property to prevent freeze damage, according to the investor requirements for each loan type.
Lock Change
Best Albuquerque Handyman & Remodeling will change the lock(s) at each property to the key code according to the regulatory requirements and/or client requirements. For loan types with no applicable regulatory guidelines, the HUD guidelines will be followed. No additional property preservation will be completed in conjunction with this work order type, unless otherwise specifically requested.
Conveyance Condition Management
Best Albuquerque Handyman & Remodeling will ensure that all work required by the regulatory guidelines for each loan type is complete and that the property is in conveyance condition. If any work is needed to bring the property into conveyance condition and can be completed per the published investor guidelines, the services will be completed in conjunction with this work order. If the work cannot be completed per the published investor guidelines, an estimate will be provided to bring the property into conveyance condition.
Debris Removal
This property preservation service authorizes Best Albuquerque Handyman & Remodeling to remove interior, exterior and/or hazardous debris at each property based on client requirements and/or the investor specifications for each loan type.
Pool Securing
Property Preservation Service near Albuquerque, NM: Best Albuquerque Handyman & Remodeling will secure each pool or hot tub based on the regulatory requirements for the applicable loan type. This could include covering, decking, screening, pumping water out of the pool, chemical treatment and/or padlocking the pool gate, if required.
24/7 Call Center
Best Albuquerque Handyman & Remodeling offers a 24 hour a day, 7 day a week call center that can handle emergency and non-emergency calls from occupants, neighbors, code officials and other interested parties for both pre-sale and REO properties. Best Albuquerque Handyman & Remodeling will work with each client to determine which services should be considered emergencies and handled immediately.
Additional Property Preservation Types
Additional Property Preservation Types Include:
- Allow Access
- Re-Secure
We provide an extensive range of field services, customized for each client’s needs. We pride ourselves on timeliness and efficiency in the preservation process, which means faster turn times and reduced pre-marketing times for our clients. We get the job done the right way, on time, every time.
Property Preservation Services
- Initial sale cleaning
- Initial grass cutting, re-cut every 2 weeks
- Evictions: All lock changes, window boarding
- 24-hour securing, locks
- Trash removal
- Hazard removal
- Roofing tarps and repairs
- Drywall repairs
- Appliance installation
- Winterizations
- Snow plowing
Property Preservation & Maintenance
Property Preservation Service near Albuquerque, NM: Best Albuquerque Handyman & Remodeling works with vendors throughout the United States and its territories at a local level to help ensure the properties we manage are preserved and maintained in a manner that complies not only with investor and regulatory guidelines but also with homeowner association (HOA), condo owner association (COA) and municipal codes and requirements. Our property preservation outsourcing services secure the property, remove any debris, and conduct regular as well as seasonally required maintenance.
As with all our mortgage field services offerings, we maintain the highest levels of professionalism to help ensure compliance and minimize reputational risk.
- Re-keying and securitization
- Boarding to prevent vandalism or other risks to the property
- Complete or partial board-ups as requested by client or as required by local authorities
- Eviction lockouts
- Personal property and debris removal with complete documentation and photographs
- Preparation for sale or conveyance
- Initial janitorial and landscape services including clean-up, mow and trim
- Winterization/de-winterization and snow removal as required,
- Initial pool servicing or securing,
- Safety repairs, and ongoing, client specific maintenance
- Vacant property registration
- Relocation assistance program for previous owner
COST
How Much Does Professional Property service Cost?
Property Preservation Service near Albuquerque, NM: There are various fees associated with managing properties, and today we’re talking about those property management fees and the cost of hiring a professional property manager.
Management Fee
The management fee is something that’s charged every month. Some managers will charge you a flat fee per unit and others will charge a percentage of the rent that’s collected. Sometimes, there will be a lower cost when you have more properties. There are different standards in fees among most management companies.
Maintenance Cost
Other charges that you’ll come across in rental property management costs include maintenance fees. You need to compare apples to apples with maintenance costs, because sometimes you’ll pay an hourly maintenance rate, and sometimes you’ll have to pay trip charges. Some managers charge mark-ups on materials and others have minimum costs for their time. When you’re budgeting for maintenance, keep these variables in mind because each company is different in the way they bill for maintenance. A company that charges $50 per hour but bills in 15-minute increments will be better for you than a company that charges $40 per hour and has a minimum one-hour charge for everything they do.
Lease Renewal and Leasing Fees
Some management companies will charge lease renewal fees. When the lease term is up, there’s a processing fee that’s charged. The managers who charge this will say it’s because they’ve done a good job keeping the tenant in place, so the fee is warranted. The leasing fee is also a cost that equals half a month’s rent or a full month’s rent. It covers the costs of marketing a vacant unit and getting a good tenant in place.
All these charges will vary from company to company. It’s unlikely to find two companies that have the same pricing. Look at the structure and ask enough questions so you understand the fees you’re paying. These will be your ultimate long term costs, and you want to be prepared.
Hiring a property manager is hiring a service. You’re hiring someone to give you your time back. Self-management costs you a lot in time, and you have to do a cost analysis to see whether it’s more valuable to have those extra hours back every month or $150 in your pocket.
TIPS
Examine the property management agreement
Property Preservation Service near Albuquerque, NM: The property management agreement outlines the business relationship between you and the property manager, and delineates the management team’s tasks and responsibilities. Given the seriousness of the contract, it’s incumbent upon you to read it carefully and make any necessary amendments before signing off. Confirm that it covers everything you want, and that there are no disagreeable clauses.
Typically, the property management agreement covers:
- Services provided and fees: Typical services include resolving tenant needs and requests, maintenance of the home, marketing and filling vacancies, collecting rent, handling move-outs and evictions, and all other daily operational duties. To avoid any billing surprises down the road, all fees as well as the process for approving any additional expenses should be transparently outlined in the agreement. Make sure the contract stipulates how repairs are handled and expensed, including a set expense limit that you feel comfortable with.
- Owner responsibilities: In addition to laying out the manager’s responsibilities, the agreement may cover your responsibilities as well. Keep in mind: If there are any tasks you don’t want to perform, discuss these and assign them to your property manager
- Contract duration and termination clauses: The agreement’s tenure should have a specific start and end date. Often, they’re signed on a one-year basis. It’s also important for the agreement to cover breach of contract rules as well as termination fees and timelines.
FREQUENTLY ASKED QUESTIONS
What is Property Preservation?
Property Preservation covers different jobs related to maintaining foreclosed houses. Banks who own these properties will hire Property Preservation companies to go out and complete work orders. For examples of these types of jobs check out our Services page.
How Can I Start a Property Preservation Company?
Before you start your own Property Preservation company, you need to figure out how much of a work load you can take on. If you plan on having a large team of employees (20+) then you may be able to get work orders directly from banks and other REO companies. Typically what people do is apply for independent contractor work with already established Property Preservation companies like Swift Resolutions. These companies already have relationships with banks, and tend to get chosen more often for work orders. If you are new in Property Preservation, it might be a good idea to start out doing contract work for an already established company, and then grow your business from there. Feel free to apply for work with Swift Resolutions, or call/email us to learn more.
What Do I Need To Get Started?
For almost every company who hires independent contractors, the main thing you will need is $1,000,000 in liability insurance. This is easy to obtain and not nearly as expensive as it sounds; depending on how much work you do it can cost between $50 – $1,000 per year. After you have your liability insurance, you will need equipment in order to complete jobs. Common work orders include lawn mowing, tree trimming, debris (or junk) removal from inside the house, cleaning out cupboards and appliances, and cleaning bathrooms. This means you might need a lawnmower, trimmers, garbage bags, cleaning sprays, or a truck to remove waste.
How Much Money Can I Make Doing Property Preservation?
Like most entrepreneurial endeavors, the amount of money you make depends on the quantity and quality of your work! If you want to do Property Preservation as a full-time job, you will probably need to have multiple companies that you do independent contract work for. Many people also do Property Preservation for secondary income, or a “side hustle.” You can make anywhere between $500/week up to $2,000/week depending on how many jobs you get.
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Service Area
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