Shark Week has ended and it was not a great week for seals. It was a feeding frenzy as the sharks took out so many seals.
It was also not a great week for mortgage field service inspectors. The mortgage segment is loaded with sharks that are feeding on mortgage inspectors. The average mortgage inspection pays about $3 and requires about 7 photos. The profit is “maybe” $1.50. Watch the video to see what Adolf Hitler thinks about $3 mortgage inspections.
Are you starting to feel like a seal in shark infested waters? The startup costs for mortgage inspections is about $1,265 for insurance and a background check. This is required BEFORE you perform your first inspection. It will take the profit part of 833 mortgage inspection just to pay for the insurance and background check. You may have to wait 60 days to get paid by some of the Mortgage Order Mills (MOMs.) You may not even get paid as the mortgage segment is the home of 99.5% of the fraud, greed and corruption in the field services industry. You will be servicing large areas and some high-crime neighborhoods. The “chicks” will love your worn-out car.