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These memos are posted to ensure that our contractors are getting up-to-date information on significant issues. We welcome any comments or questions regarding the memo feature.
Memo 1140 - Posting Winterization Utility Notices
To heighten awareness of the winterization process, Safeguard is requiring all contractors to post a utility notice at every property that is winterized. The notice states the property has been winterized and utilities should not be turned on without a walk-through inspection. It also contains a checklist of items that must be reviewed prior to turning on the electricity. This notice was created after several properties were damaged when parties turned on the electricity without first correctly inspecting the property. It is imperative that this notice is posted and a photo taken each time a winterization is completed. The photo will be required before the order is closed and paid. The notice must be posted where it is highly visible, such as inside the main door or on the door leading to the basement. This requirement applies to all loan types. The forms are available for you to print directly from the contractor web via the links below: Winterization Utility Notice P&P Properties Winterization Utility Notice REO Properties Please note that this is a requirement for FHA, VA, CV and REO properties and be sure to use the appropriate form based on the loan type. If you have any questions, please contact your regional coordinator. Thank you for your cooperation. To view additional Contractor Alerts please link on the following: |