What is initial secure work order and how it is initiated in property preservation process?
The first thing considered after a foreclosure is the initial security proposed by the bank or the REO(Real Estate Owner) of the property. Initial secure is nothing but a thorough analysis of the photos to determine the current state of the property with the help of the expert processor organized by the property preservation work order processing company. Initial Secure is the foremost work done after the property is being vacant. The primary job of the preservation company is to examine the current state of the place and suggest the most appropriate solution for the things that are not in good condition. The initial secure differ according to work allotted by the bank or REO. Some clients will give you a passable allowance to go through the capital, some provide nominal business, and others to change the lock and do repairs to avoid trespassing or intrusion into the property. It also includes the notice posting, necessary examination, and other secondary work before the actual inspe...