Some of the low-fee mortgage firms want too much for a $2 - $4 mortgage inspection. If the property is vacant they want a letter of certification of vacancy from the inspector along with photos of all sides of the property, photos of the address and photos of the nearest street sign.
Low-fee mortgage firms want you to spend hours talking to the fire department and tax assessors to fix a bad address for FREE.
They have no problem asking you to travel 90 miles on a RUSH inspection that pays $10. When will you wake up!
THEY WANT YOUR BLOOD.
Okay! Not all mortgage field service firms are blood suckers. Sand Castle and A2Z pay $20 and $30 for the same mortgage inspections that other firms pay $3.
Sand Castle and A2Z may pay much more per inspection, but how much volume can you expect? I do thousands of LPS inspections per month for the "low fee", and yes, occasionally I do have to drive a 100 mile round trip for $3 or $5 bucks, but it's part of the package deal. You take the good with the bad.
Furthermore, it does not take hours to figure out a bad address talking to the assessor. I have an $80 per month subscription to a service that gives me access to every assessor's database in California, and I can usually find any property within a couple of minutes.
Yes, we would all like to make more money per inspection, but in the default mortgage industry, the money is in volume and efficiency, not per inspection.
Posted by: David Dorr | Monday, November 28, 2011 at 09:29 PM
Is he drinking blood from that guy's neck with a straw? Weird photo.
-Dan
www.BadAssetBlog.com
Posted by: Badassetblog | Wednesday, October 19, 2011 at 08:35 AM
great stuff,
Tracy K
www.dallasinspectionservices.com
Posted by: Tracy Kennedy | Wednesday, October 19, 2011 at 07:18 AM