How Are Those $3 Mortgage Inspections Working Out For San Francisco Area Mortgage Inspectors?

the_most_outrageous_pumpkin_carvings_ever_640_high_03

The cost of living in California is outrageous. A single person in California needs to earn, on average, about $12.30/hour working full time to cover basic living expenses.  Add a kid to the mix, and that rate rises sharply to more than $25/hour.  That’s according to the Living Wage Calculator. The profit on a $3 mortgage inspection is maybe $1.50. Your first 843 mortgage inspections go to paying the $1,265 required upfront for insurance and a background check. Some Mortgage Order Mills (MOMs) pay but once every 30 days. Good luck with living on mortgage inspections in California.

The below fix-it-upper California home sold for $1.75 million. The video below talks about renting a tent in someone’s backyard for about $1,000 a month. Living in the Land of Paradise is expensive. The medium rent for a one bedroom apartment in San Francisco is $3,500. Many people are leaving California. How are those $3 mortgage inspections working for you? Many San Francisco mortgage inspectors are “mega commuters” … traveling long distances. Watch the video.

 

2016-09-01_12-06-03

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s