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02
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2017
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062017
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02
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6/14/2017 3:48:21 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
6/20/2017
DESTRUCT DATE
15Y
DOCUMENT NO
02
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secured and a timely close of escrow. <br /> Ct dl o. 1 ices wa <br /> Optional Costs <br /> Collect all necessary data points to record an updated request for notice <br /> of default and sale. Data includes current first lender,the Deed of Trust <br /> instrument number, Title Company, and the APN. To collect this <br /> One-Time Generation & information, Hello Housing will utilize its access to First American Title <br /> Recordation of Updated Company's proprietary database and conduct"Property Profiles"which <br /> Requests for Notices of include links to PDFs of all recorded documents on a property. To collect $40 per file <br /> Default the required information, generate a profile, review the Deed of Trust <br /> attachment and collect information from a scanned PDF. Once the <br /> necessary data has been collected, create each Request for Notice of <br /> Default, obtain signatures, notarize each document, and record with <br /> County Recorder's Office. Upon recordation, scan and save each notice <br /> of default and sale into Dropbox. <br /> Hello Housing recommends spending year one setting up the program <br /> Program Review& and partnership for success, e.g. organizing &digitizing files, entering <br /> Proposal of key details into HomeKeeper and increasing staffs familiarity with <br /> Improvements After program documents by completing a year of transactions.At the end of Hourly <br /> year one, Hello Housing recommends a review of the program, <br /> Year One comparing to industry best practices and to determine what's working <br /> and what needs improvements. <br /> Send up to three requests to BMR& DPA homeowners to participate in <br /> Design & Distribution of an"Impact Survey"to help Hello and the City better understand and <br /> an Impact Survey and measure the impact BMR programs are having in the lives of those who $15 per file <br /> Analysis of Results participate in them. If response rate is statistically significant, prepare a <br /> written analysis for City staff. <br /> Upon receipt of a Notice of Default, make best efforts to contact Owner Hourly <br /> and connect with foreclosure counseling resources. <br /> If Owner is unable to prevent foreclosure, prepare a Buy-Back Feasibility <br /> Analysis, track Notice of Trustee's Sale date, obtain approval for a $3,500 per buy- <br /> maximum bid price, obtain cashier's checks from the City, attend auction back <br /> and bid in accordance with City's written approval. If successful, process <br /> BMR Preservation all paperwork to facilitate transfer of ownership to the City. <br /> If unit is confirmed (or suspected to be)occupied at purchase,work with <br /> City legal staff provide proper notifications to occupant and deliver a Hourly <br /> vacant unit. <br /> If unit requires rehabilitation prior to facilitation of sale to a new eligible >of 10%of cost <br /> buyer, prepare scope of work, obtain a minimum of three bids and cause of the work or <br /> rehabilitation to be completed with quality workmanship. $1,500 per unit. <br /> Annual Custom Annually, send high-quality newsletters to BMR owners sharing answers <br /> Educational Newsletter to Frequently Asked Questions, helpful resources, and a homeowner's $20 per file <br /> for BMR Homeowners preventative maintenance checklist organized by season. <br /> ® rb VG. ord Services Outside d Base = . oe Li t ed Abo e <br /> Executive Director $145 per hour <br /> Program Director $105 per hour <br /> Program Manager $85 per hour <br /> Program Associate $55 per hour <br /> 05/16 Page 9 of 10 <br />
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