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Not too late Winterize

11/29/2016 6:49:34 PM

The cooler morning temperatures are very refreshing after the hot and humid summer months. As the temperatures begin to cool off, REO Agents and Bank Asset Managers need to begin schedule winterizations on their distressed properties.  REO Agents and Asset Managers know that winterizing a distressed property can prevent costly water damage to ceilings, walls and floors and, most importantly, costs associated with mold resulting from ruptured water lines. Typically a winterization involves: • shut off the main water valve; • draining the hot water heater; • blowing out the water lines with compressed air; • removing water from the toilet tanks and bowls; • add non-toxic antifreeze to all drains and toilets; and • post all necessary winterization notices. If you need to schedule a winterization call Blue Granite’s property preservation department at 866.981.5096 or email our property preservation department at preservation@bluegranitepps.com. read more..

Tepid Recovery For Mortgage Rates; Big Picture Risks Remain

Wed, 19 Jan 2022 21:22:26 GMT
Mortgage rates have been having a bad 2022 so far with the average lender up to the highest levels in roughly 2 years as of yesterday.  The reason? The broader bond market (which dict...(read more...)

Remaining Forborne Loans May Require Additional Relief

Wed, 19 Jan 2022 21:06:21 GMT
The Mortgage Bankers Association (MBA) has initiated a new monthly Loan Monitoring Survey , to replace its Weekly Forbearance and Call Volume Survey which it published weekly from the st...(read more...)