So now it’s 18 months  that you’ve received no payments, spent 15K in legal fees, and are no closer to a resolution than you were 18 months ago.  

When you send the resolution list out why you are asking for those items, you'll share the inspection so they'll see that when you send over.

Default resolution will take a lot longer. 

However DO NOT wait for a resolution to settle with him.

HVAC technicians are in high demand during the summer, so early reporting increases the chance of prompt resolution.

This slow resolution often frustrates tenants, and as a result, many property managers eventually drop warranty policies because they hinder fast, reliable fixes.Instead, most landlords find self-insurance to be a better approach.

This creates a blind spot for future landlords.If credit bureaus could capture and report these types of non-eviction resolutions—much like how they report short sales, where the borrower pays less than owed—it would offer landlords a more complete risk profile.

It even identifies relevant attorneys or trustees in that area by querying our internal databases.Portfolio reviews: We’re piloting tools that regularly analyze loan performance and servicing data to flag risk trends or resolution opportunities.

He has promised countless times over several months (5 months to be exact) to come back to us with "a proposal by the end of this week" via email on 11/28/23 and "we will get this wrapped up this week" via email on 12/11/23 - and we are already in the first week of February 2024 without a proposal and without any progress in coming to a resolution.

Focus on a fair resolution going forward.