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LEGAL-3799 - USA (Winston Salem, North Carolina) - Legal Foreclosure Services - Deadline July 2,2019

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Posted Date : June 20,2019
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : LEGAL-3799
Government Authority located in Winston Salem, North Carolina; USA based organization looking for expert vendors for legal foreclosure services.
[A] Budget: looking For Proposal
[B] Scope of Service:
(1) Vendor needs to provide legal foreclosure services for county
• Must comply with all NC laws for mortgage style property tax foreclosures.
• Must agree that the County will determine the frequency of distribution of accounts, however there will be at least one distribution per year.
• Must agree the County can perform its own In-Rem foreclosures.
• Must understand that the County does not bid on foreclosure properties.
• Must understand that the foreclosure bids can be as low as $100 and go through multiple upset bids.
• Must indicate rates for administrative work performed during the upset bid processes.
• Must be willing to meet with County Attorney, County Chief Financial Officer, County Budget & Management Director regarding foreclosure process as necessary.
• Must agree to start foreclosure process within 6 months of receiving file from County. (desired start time is within 4 months).
• Must provide County Tax Collector bi-annual status reports of accounts.
• Must agree that all foreclosure work be completed on account from vendor start date within 24 months (desired completion time frame is 18 months).
• Must understand that advertisement by publication is acceptable and allowable by law.
• Must agree to work jointly with the County in determining which records are to be deemed Impractical and Impossible for the foreclosure attorney to complete.
• Must provide fee amount charged for accounts that are deemed by County and Vendor to be Impractical and Impossible to complete. Must provide information on whether this is an additional fee for accounts recalled by the County above and beyond charges for work already done.
• Must agree to no volume requirement. The estimate at this time is between 100-300 accounts annually. There is no estimate now of how many In-Rem the County may process.
• Must agree to advertise foreclosure auctions on foreclosure vendor’s website.
• Must provide information about the minimum amount of time vendor would advertise prior to a foreclosure.
• Must be willing to meet with the and Clerk of Court to work within their requirements.
• Must provide workflow of process planned.
• Must have ability to communicate with County up to a daily basis in an electronic format.
• Must understand that previously awarded foreclosures would be completed by the original foreclosure attorney. This contract is for new mortgage style foreclosure accounts going forward.
• Must meet all County minimum insurance and contract requirements to the government authority located in Winston Salem, NC.
(2) All question must be submitted no later than June 24, 2019.
(3) The contract term will be for one year.
[C] Eligibility:
Onshore (USA Only)
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office premises.
Budget :
Deadline to Submit Proposals: July 02,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$

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