I have been in real estate for the past 10 years. I sold foreclosures as a real estate broker for 7 years and then became a housing inspector for HUD. Everyday I inspect foreclosed properties that have been conveyed to HUD from the bank and everyday I witness toilets that have not been winterized, water heaters full of water, well pumps destroyed due to improper winterizations, busted radiators - pipes and boilers due to improper winterization, unsecured houses, houses keyed to the wrong code, hazardous conditions (that existed preconveyance) that are suppose to be cured and almost everytime I see this the home has Safeguard stickers all over it.in fact, Safeguard gets it wrong more often than they get it right, but it's hard to hold them responsible, because after all they are just the middle man. Safeguard really doesn't do anything except subcontract to the lowest bidder, which means the banks and mortgage companies get what they pay for.
You don't have to believe me, a person who has been inspecting anywhere from 3 to 10 new HUD acqusitions per day for the last 3 years. Just look around on the net and you'll see many examples and read many comments of others who will tell you the same thing.
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