NAMFS Publishes Whitepaper on Maintaining Asset Value by Implementing Pool Safety Solutions

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The National Association of Mortgage Field Services (NAMFS) has compiled a list of recommendations and new approaches to pool maintenance. These recommendations are designed to provide optimal maintenance and safety standards for stagnant pools at default properties.

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Maintaining asset value includes pool safety and maintenance

As winter’s polar vortex gives way to the warmer temperatures of spring, many property owners and default asset managers are turning their attention to pool maintenance. The Association of Pools and Spa Professionals (APSP) estimates that there are over 8 million residential swimming pools in the United States. At the same time, RealtyTrac reports that 9.1 million homes were seriously underwater in the first quarter of 2014. With California, Florida, Texas, Arizona and Ohio included in the top ten states with pools and in the top ten states with a foreclosure rate above the national average, the need for a compliant and efficient pool maintenance plan is essential.

In this white paper, NAMFS provides information on products and offers guidance to managers of default assets that have swimming pools. When preserving a property with a swimming pool, community safety is a priority.

Additional benefits include:

Maintaining the asset value throughout the foreclosure process

Reducing liability by implementing a strong pool maintenance program

Incorporating affordable and environmentally safe solutions

Now is the time to implement a proactive pool maintenance strategy specifically designed to address stagnant residential swimming pools, while maintaining the asset value.

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Eric Miller, Executive Director
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