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Foreclosure Inspections
By Dee Young
Foreclosure Inspections, as discussed in our last month’s newsletter, differ significantly from the real estate home inspections. The foreclosure inspection is referred to by different names but mean essentially the same thing, terminology such as: property inspection, mortgage field inspection, field inspections, default inspection, occupancy determinations, or just plain inspections…to name a few. [Read more]
Reasons for Foreclosures
By Greg Morris
To a homeowner, foreclosure is a shocking experience. When foreclosure takes place, it is extremely costly to the homeowners because not only have they lost their home, they have also lost any equity they may have built up in the property. (Equity is the difference between the true market value of the property and the balance owed and/or the total amount of all liens against the property). Along with the loss of all equity, people losing their property due to foreclosure also lose the amount of their original down payment and any money spent on improvements since they bought the home. [Read more]
Financial Opportunities
By Darlene
Isn't it true that in order to have financial security and truly understand finance 101 we need to always be open minded to new income opportunities? The game cannot merely be won based on job security these days as that is changeable at any given moment. What needs to be constant is our ability to stay focused on our ability to have a positive attitude toward our financial independence. To believe is to achieve and success is predicated upon that. [Read more]
6 Tips to Make Your Small Business a Success
By Van Theodorou
1. Planning - Planning is the first step towards making your business successful. Start with a business plan. If you write a good, detailed plan it will carry you through the business.
Research how other similar companies function. Determine what makes them good and what needs improvement. Then, pattern your own company based on this information. [Read more]
The Foreclosure Process
By Dee Young
Virtually everywhere you look in the news today the common theme is ‘Foreclosures’. Yet while many people are faced with this cold fact on a personal level, there is still a lot that is unknown or not understood regarding just what they are up against. Over the next several issues I will define foreclosures and discuss the stages of foreclosure. [Read More]
If anyone has a question about mortgage field servicing regarding inspections, property preservation or the business, please submit your questions and we will publish your question and answer in the next newsletter. Thank you and we wish you all much success! | 
