Swimming pools increasingly pose significant liability risk to servicers throughout the country. As you are aware, current investor guidelines require fences to be intact and properly secured, but also require the pools to be covered and secured preventing liability.  Current requirements stipulate that pools are to be covered and boarded utilizing a matrix of 2 x 4's, wire mesh, and tarp to prevent debris from filling the pool.  While effective, this process is costly, timely, and aesthetically undesirable to potential homebuyers and code enforcement officials. Industry practice allows for utilization of the original pool cover when available at the property and in good condition. 

Safeguard Properties continually strives to enhance the product and service offerings to its clients. Comprehensive research has shown that replacement covers are available in the marketplace. These products are promoted as meeting necessary strength requirements and typically include a 10-15 year durability warranty.

The price differential for this product is:
Replacement Pool Covering including installation - $2.75 per square foot 
FHA Allowable - $2.05 per square foot

Average pool size 16 X 32 
16x32 boarding to current standard = $1049.60
16x32 covering to new standard = $1408.00

While the costs are slightly higher, comprehensive research has shown inherent value in the increased strength, durability and marketability. Finally, feedback received from code enforcement officials clearly show their preference for this securing method.

For additional review of the product please click on the links below along with the provided photos.

Pool Covers

Pool Covers

            Previous Method                                       New Method

          

Safeguard recommends the utilization of this product in lieu of boarding in-ground pools. For additional information or to discuss implementation of this service please contact robert.klein1@safeguardproperties.com

About Safeguard
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 700 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.