Faith Properties will provide Home/Property Owner, Insurance, and Mortgage Company with daily project updates to ensure timely payments. Our goal, bearing no "Acts of God", or delays beyond our control, is to complete project 30-45 days.
If for any reason, Home/Property Owner receives a check from Insurance Company made payable to Home/Property Owner and Mortgage Company only, Home/Property Owner agrees to pay Faith Properties immediately. In order to expedite payment to Faith Properties, Home/Property Owner hereby appoints Faith Properties as attorney-in-fact, authorizing Faith Properties to endorse Home/Property Owner's name on Insurance or Mortgage Company checks or drafts, and to deposit Insurance or Mortgage Company checks.
Furthermore, Home/Property Owner hereby appoints Faith Properties as attorney-in-fact, authoring Faith Properties to contact Insurance and Mortgage company, on their behalf, for payments mentioned above in this agreement.
Home/Property Owner agrees to pay Home/Property Owner' s deductible in whatever amount indicate in home owner’s insurance policy that applies to this claim.
If any amounts owed to Faith Properties for services are not covered by insurance, or Mortgage Company, Home/Property Owner agrees to pay those amounts to Faith Properties within five (5) days of Home/Property Owner's receipt of invoice via Home/Property Owner via credit card or checking account (ACH).