Topic Hub · 17 Guides

Property Preservation

Property preservation keeps vacant and foreclosed properties secure, maintained, and code-compliant. These guides cover every aspect of the discipline — from per-service pricing and vendor qualification to documentation standards and compliance frameworks.

All Property Preservation Guides

4 min read

What Is a Trash-Out in Property Preservation?

A trash-out is the removal of all debris, personal property, and waste from a vacant or foreclosed property. Here's what the process involves, who orders them, what they cost, and the documentation that protects you from liability on abandoned items.

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4 min read

What Is an Initial Secure in Property Preservation?

An initial secure is the first step in property preservation — changing locks and securing a vacant property against unauthorized entry. Most servicers require it within 24–48 hours of confirmed vacancy. Here's the exact process, documentation requirements, and what happens when it's delayed.

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7 min read

What Is an Occupancy Check? Definition, Servicer Rules, Fees, and What Inspectors Look For

An occupancy check is a field visit that determines whether a property is occupied, vacant, or abandoned. HUD requires the first one by the 60th day of delinquency and repeats every 25–35 days; Fannie Mae orders it between day 90 and day 120 and monthly after that. This covers the rules, the fees, the apartment and lender variants, and the evidence that makes the determination hold up.

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3 min read

What Is a Property Preservation Bid?

A property preservation bid is a cost estimate submitted when work exceeds standard allowable costs — and a poorly documented bid gets rejected, delaying the work and costing you the trip. Here's what to include, how to price accurately, and what triggers approval vs. rejection.

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