MOMs Offering Snickers Bars & Gatorade To Mortgage Inspectors
The Mortgage Order Mills (MOMs) are having a tough time recruiting $3 mortgage inspectors. Inspectors read this blog, foreclosurepedia.org and preservation talk.com and they learn about all of the horrors in the mortgage segment … the home of 99% of the fraud in the industry. The real profit on a $3 mortgage inspection is maybe $1.50. In the long run, you will wear out your car and need a loan to purchase a replacement which you will also wear out in a short time. You will pile up huge expenses for very little profit.
How about some snicker bars and energy drinks to keep you going and get your mind off the fact that you are not making any money. You will have to work a long day so that you can perform $3 mortgage inspections. Sixty inspections will be required to earn about $90 and you will have to manage about 480 digital photos. Chargebacks are common and one of those could wipe out a day’s pay. You will be required to travel long distances out of area and visit the operating area of the L-Street gang in the worst part of town.