ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Mortgage Field Inspector says ~Eliminating the Middleman can increase profits!!!

Updated on February 4, 2012

Sample Inspection Photo's

Property Inspection photo - Broadview
Property Inspection photo - Broadview
Property Inspection photo - Front view of the property
Property Inspection photo - Front view of the property
Property Inspection photo - closeup view of conditions near main entrance
Property Inspection photo - closeup view of conditions near main entrance
Property Inspection photo - View of the property address tag on home
Property Inspection photo - View of the property address tag on home
Property Inspection photo - Broad view of the rear of home
Property Inspection photo - Broad view of the rear of home
Interior view of conditions showing vacancy
Interior view of conditions showing vacancy
Condition of utility gas meter
Condition of utility gas meter

How much money can you make as a field inspector??

The answer is simple.. Unless you are dealing directly with the bank, you can expect to make very little income working for the "Middleman"

Mortgage Inspection's require A lot of driving, A lot of wear & tear on your vehicle, A lot of time updating results from your computer... The reward is far less greater than the effort!!

WHO IS THE MIDDLEMAN??

The "Middleman" is the one that will control

1. The volume of work you receive

2. The pay you will receive for each Individual Inspection

3. And potentially the only source connection you will have to employment in the mortgage field Industry!!

A perfect example of a Middleman is "Safeguard Properties"

Safeguard operates out of Ohio, and deals directly with the mortgage Industry leaders. They receive a large number of properties to manage from source banks, FHA & Government contracts!! They then rely on Independent contractors in almost every state to handle whatever volume of work they designate to them. These companies must complete the work within a timeline, or risk a charge back and reduction in future workload..

Example of the PAY Schedule

FHA-Hud Guidelines will pay on average $35.00 for each visit to a property to determine the occupancy status!!

How this breaks down for you "the Inspector"

Safeguard receives $35.00 per Inspection

Inspector receives $ 5-7.00 per Inspection

That's right, YOU do all the work and make absolutely Nothing for you're efforts!!!

Comments

    0 of 8192 characters used
    Post Comment

    • Inspect0r Gadget profile image
      Author

      Inspect0r Gadget 5 years ago

      Boycott the Middleman!!!! It's time for the ones that do all the work to get paid!!!

    • profile image

      Noclue 4 years ago

      I am getting $4.50 a house. Glad I saw this. I am done!

    • profile image

      Jn 4 years ago

      And how do you avoid the middleman? Btw safeguard has since decreased there prices to $3/insp!

    • profile image

      Jay41 24 months ago

      How do you go straight to the source?

    • profile image

      Biagio 10 months ago

      The middle man are taking advantage of the contractor actually doing the work, taking the majority and leaving peanuts for the worker. That's why most companies go through different people like water.

    Click to Rate This Article