Types of Property Preservation Services

Bankruptcy Inspection is One of the things you will find that with this inspection you provide the current condition of the property, the occupancy status and if there are any existing or potential conditions that could impact the value of the premises, you must document this for the lending companies.

You are advised not to contact the occupants of the property when completing this type of inspection. Its important to note that If the property appears to be vacant, You should attempt to verify the vacancy status with a neighbor or tradesman, this is important for the lending companies to have accurate information on occupancy.

Borrower Interview is to make direct contact with the borrower and obtain the reason for the delinquency, date of last payment, payment proposal and current phone numbers where the borrower can be reached.

Other things that you will want to document is the properties condition and descriptions. Now if the borrower is unavailable at the time of inspection, you will need to leave a call back card at the property. You can offer to provide the interview to be completed at the mailing address if different from the property address only thing is that with this procedure the property condition can not be provided if the interview is completed at the mailing address.

Introduction to Property Foreclosure Inspection

Allow Access By request, You will be able to arrange to have an independent contractor allow access for an individual(s) to a property secured with a HUD master key, or the key code specified by the regulatory specification for the loan type.

It is important to note that for properties not previously secured, a lock change will be required or the keys to the property will need to be provided.

You will also need to ensure the windows and doors are locked prior to departing of the premises.

Board Broken Only with this only the broken windows at a property will be secured by boarding, regardless of the area regulatory requirements for the loan type. Authorizing the field representative to board any broken windows at the property without prior approval. You will be required to provide photographs of the broken windows, and completed boarding.

Board or Screen to Area Specifications Under this order type, any broken windows found at the property will be boarded or screened according to the area regulatory requirements and guidelines.of the HUD specifications.

Debris Removal for property preservation allows a independent contractor to remove interior, exterior or hazardous debris at the property as authorized by client request or the regulatory specification guidlines.

Lawn Maintenance is when you will perform the necessary lawn maintenance to maintain the property's appearance, prevent further degradation to the grounds and relieve the property of any existing or potential violation of local ordinance.

Lock Change Only is when you will change the lock(s) at the property to the key code providing the services typically include changing entry lock or keyway, locking all windows and doors, winterizing to the applicable specification and maintaining the grounds when in season. Other services include providing an automatic securing program driven by the first time the property is reported vacant.

Padlock Pool Gate is when you will secure the pool/hot tub gate according to the specifications for the area the property is located. This service will ensure all necessary work

Reglaze Broken Glass is when you will replace the glass in the broken windows and doors to secure the property. If boarding and reglazing of the broken windows are ordered on the same property, which windows are to be boarded, and which are to be reglazed will need to be specified. Resecure as Required

Secure Pool to Area is when you will secure the pool or hot tub at the property and this could include decking, screening, pumping water out of the pool, chemical treatment and padlocking the pool gate along with the winterizing of the plumbing at the property, to prevent freeze damage, winterization.

Property Inspection discriptions you can use for your Inspection Business

As you may be aware the Fannie Mae Form # 30 is an inspection that is provided with conditions that can affect the value or marketability of the property. You will be able to provide the needed property information obtained from a physical inspection for completion of the Fannie Mae Form # 30.

It has been reported that Insurance Loss Inspection is where the iyour opinion of the approximate percentage of repairs completed based on the type and dollar amount of damage. You can attempt to make contact with the homeowner within 72 hours of the inspection request date.

For the information presented Occupancy Determination is to determine whom, if anybody is occupying the property. The full names, contact phone numbers, any rental information (if applicable), agent or property manager information and the number of units will be provided, if it can be determined at the time of inspection. The property condition and any existing or potential conditions that could effect the value of the premises will also be provided.

How to get started with Mortgage Field Services Training

Foreclosure cleanup businesses services 

The foreclosure cleaning business is hard work , if you own a foreclosure cleaning business you will have to bid for contract work or else you will need to contact real estate investors and find out if they have foreclosed homes that they want you to maintain, if so then you can hire a Field Inspector to do the cleaning and hauling of the trash to the dump sites, Find out how you can work at home based inspection, learn how to earn good income and what the field service representative inspection business is all about.

if you are looking to get into the field of property preservation or field service inspection you will need a list of companies that will need your service. Field Inspections and Field Service Companies occupancy determination.Find Field Service Representative jobs in Delaware on Monster Job Search.

Some of the services you will provide is inspection services including commercial property inspection services, residential property inspection services, insurance loss inspection services, manufactured housing inspections, REO Field Services,

10 tips for Some of the various Casualty Loss Inspections

How to Perform Loan Collateral, on-site Property Inspection include:

  • Commercial Property Inspections
  • Commercial Property Inspections
  • Secondary Mortgage Market Investor Diligence
  • Construction Progress Inspections
  • Casualty Loss Inspections
  • Drive-by Field Inspector

As an independent contractor you will be working with large property preservation companies who will need to subcontract out work to handle all the foreclosures that will be hitting the market from acquiring banks.

Experience needed for field Inspectors.

Before you apply to the national companies you will need to make sure that you are able to offer the following things:

Lock changes,Winterization,Debris removal Grass and grounds maintenance,Initial Securing

HUD Conveyance Preparation,Eviction services,Code violation abatement,Repair and Renovation Estimates,Special Services

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35 Other types of inspections that you will need to be familiar with include:
  • Property Inspection Reports
  • Occupancy Verification
  • REO Occupancy Status Inspections
  • Rush Inspections and Occupancy Verifications
  • Evening Occupancy Verifications
  • Sale Date Inspections
  • Insurance Loss Inspections
  • Natural Disaster Inspections
  • Quality Control & Annual Inspections
  • Photographs

Some will require that you have your own camera as well as transportation and a way to document and record the inspections.

Tips on Companies that offer property preservation services

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CaliforniaReliable Home Inspections Serving most Southern California regions

Los Angeles, CAProperty Inspection Find Home Inspectors

Construction Deal Southern Los Angeles, CA Certified Home Inspector NAHI,ICC/IBC Certified Inspector

superior inspection services.com CaliforniaClean Out Foreclosures Make money, clean out and maintain foreclosures.

Clean Out Foreclosures.comProperty Inspection Search multiple engines for property inspection

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Inspection of a foreclosure home video

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Commercial Property Inspection

During inspection you will be required to meet on-site with borrower and/or the borrower's representative to verify;

  • the extent of the casualty damage,
  • cost to repair, the repair schedule,
  • a subsequent on-site inspection to verify the completion status of the casualty curative work

These types of inspections are ordered by banks/lenders and insurance companies.Demand is high for someone who can go by take photos and check on these vacant, boarded up, REO and Foreclosures. As you can imagine it takes much skill and practice to be able to advance into the many other areas of the mortgage industry

Some of the types of inspections you can expect to do are:

  • on site merchant verification for banks or credit card processing companies,
  • residential property inspections for insurance companies or mortgage companies,
  • business verification for companies applying for consumer credit access
  • construction site inspections.

You will be required to fill out field inspection reports can vary from a few yes, no questions and some photos, to a longer more complete report.It is more specifically known as field service, this industry is legitimate, flexible, profitable and can be done from home. You will just be cautious of ads that promise to good to be true claims.