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Vacant Property Preservation by Derby Service
 
Derby Service, the original time-share personal assistant and concierge firm, is proud to offer another first: Vacant Property Preservation (VPP) services.

As a result of the rapidly increasing foreclosure rate in the United States, banks and realtors are now responsible for far more real estate than their existing infrastructure can effectively handle. Vacant properties, if not monitored carefully, can experience:

  • Security breaches
  • Catastrophic damage because of roof leaks, storm damage or plumbing disaster
  • Deteriorating appearance which dissuades potential buyers
  • Undiscovered insect or rodent infestation
  • Local government fines for poor property maintenance
  • Significant civil liability for the property owner
  • Longer times on the market because of property appearance problems
  • Theft

These risks can be mitigated through regular onsite visits to the property to identify and reverse problems before they get out of control.

Derby Service has an experienced team with a solid track record of home management. In fact, we’ve been managing homes for our clients since 2006. Derby Service can be engaged to visit vacant properties at regular intervals to provide inspections of the vacant property to help maintain its value and improve the way it shows to potential buyers.

How it Works
When a relationship is established between you and Derby Service, we assign an account manager to serve as your single point of contact. Simply identify the properties in your portfolio, provide your account manager with access to property, and we take it from there.

Upon intake of the property into our service, up to four neighbors receive letters identifying Derby Service as the primary point of contact for any problems with the home. This assures that the neighbors have someone to call (besides the local authorities, who will levy a fine) if there is a problem. Then our well-trained team, armed with property inspection checklists, digital cameras, and the support of the staff back at the office, visit the property on a regular basis to assure the home has not suffered any damage, that it shows well, and that nothing is present that would cause a fine or citation by the local authorities.

Upon your request, to increase the marketability of the property, Derby Service can provide potential buyers with a full report of our visits to the property as well as detail maintenance and repairs that have taken place. This report can provide buyers and their lenders with comfort that they know what they are purchasing to speed liquidation of the asset. Derby Service, through its existing relationship with trusted vendors, can dispatch lawn care and handyman services as needed.

Derby Service can be engaged for a single property or for the entire local portfolio of properties. Our service will more than pay for itself in terms of reduced liability and in terms of maintaining (or even increasing) the value of assets on your balance sheet. Who is taking care of your high dollar property inventory?

For more information on this exciting, innovative new service please contact Derby Service at 703-274-9797 or email us at info@DerbyService.com.

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Phone: (703) 247-9797 Facsimile: (703) 247-9799 Email: info@DerbyService.com