What happens if additional repairs are needed after an inspection?
If we have the delegated authority, MCS can complete the necessary repairs within allowable pricing or upon approval from the investor/insurer/client.
During the onboarding of a new client, MCS establishes business rules that govern which actions MCS should proactively complete to protect the asset. These generally follow requirements set forth by investors/insurers/client needs.
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MCS 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.
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