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Mortgage Field Reps for Commercial Property Inspection Jobs

Updated on March 3, 2014

Texoma Field Services Hiring Residential Inspectors

Things you will need is a reliable vehicle, computer, phone, camera, printer and scanner as well as GPS mapping software to find the home addresses.

Apply for work with Texoma Field Services they conduct mortgage field inspections, merchant site inspections, Fannie Mae, Freddie Mac,HUD inspections, and Loss Mitigation services. Get more information at indeed.com/mortgage-field-services-jobs

You an obtain a business occupational license from the county clerk office

To get started doing this type of work it will be necessary to establish your business with the right types of insurance, licenses and equipment.Then you will need insurance coverage such as liability insurance or workmens compensation insurance coverage. You can purchase equipment or rent it from a service provider.

It is possible to get lawn care work on hud homes with lawn maintenance business for lawn mowing crews, weed eater, trimmers, leaf blower along with a truck or trailer. Clean vacant apartment buildings that need brush removal, volume grass cutting, as well as landscaping.

Most real estate contracting job leads for lawn maintenance contract jobs and contracts for small business can be found in the classifieds online.

It is best to get cleaning contracts and inspection jobs from the largest property preservation companies

In the nation who offer inspection, repair and maintenance for REO management and field asset services for lending institurions, banks and investment firms.

To get a list of Real Estate Industry Contracting and subcontracting REO BPO Bank Contact List go to reoindustrydirectory.

How to get started with Mortgage Field Services Training

Home inspector training for smaller foreclosure cleanup businesses is possible when you collaborate with the larger mortgage field services companies.

RealtyTrac has produced reports showing the increasing number of foreclosure filings

In the U.S. This data give evidence to trash-out and those in the foreclosure cleanup industry plenty of work to keep them busy for years to come.

The interior and exterior of the maintenance of these homes must result in removing debris, and making minor repairs along with lawn maintenance.

As long as the distressed properties are vacant there will be a need to do ongoing inspections such as vehicle removal, tree cutting, lock changing and boarding of windows.

The various Casualty Loss Inspections, Loan Collateral, on-site Property Inspection include:

  • Commercial Property Inspections
  • Secondary Mortgage Market Investor Diligence
  • Construction Progress Inspections
  • Casualty Loss Inspections
  • Drive-by Field Inspector

As an independent contractor you will be working with large property preservation companies who will need to subcontract out work to handle all the foreclosures that will be hitting the market from acquiring banks.

field inspectors wanted for mortgage field service jobs
field inspectors wanted for mortgage field service jobs

Foreclosure cleanup businesses services

The foreclosure cleaning business is hard work , if you own a foreclosure cleaning business you will have to bid for contract work or else you will need to contact real estate investors and find out if they have foreclosed homes that they want you to maintain.

Field Inspection Technician Job Duties

You can hire a Field Inspector technician to do the cleaning and hauling of the trash to the dump sites but that is just part of the process, you will also need to find out how you can work at home based inspections.

Get training in California and learn how to earn good income and what the field service representative inspection business is all about from those who are experienced in the industry.

One important step is that if you are looking to get into the field of property preservation or field service inspection you will need a list of companies that will need your skills.

Types of Inspection Services:

Some of the types of services you will provide are considered inspection services which involve commercial property inspection services, residential property inspection services, insurance loss inspection services, manufactured housing inspections, and possibly REO Field Services.

How to start a Home Inspection Insurance Service

Insurance inspections are just a small percentage of the types of ways to protect yourself and get coverage while your providing services. In such cases as property damage and bodily injury that leads to claim settlements.

It is recommended to get liability insurance along with errors and omissions to make sure that you understand coverage for commercial inspections. Lawsuit damages are on the rise and you want to make sure that you let an un-insured error insurance claim destroy your business.

Some of your top insurance claims are going to include coverage for limits and deductibles. Now more than ever with the growth of home sales residential home inspectors need this insurance to be proactive in your professional liability search.

List of Property Preservation Companies

  • American Property Management, Inc.
  • Corporate Asset Management LL
  • Cyprexx Service
  • Default Services, Inc.
  • Field Asset Service
  • First American Field Services
  • First American REO Servicing
  • FirstService Corporatio
  • Five Brothers Mortgage Services
  • Fontaine Inspections Inc.
  • Lender Processing Service
  • LPS Field Services
  • M&M Mortgage
  • Maxim Enterprises
  • Mortgage Contracting Services
  • North American Property Preservation
  • Now Property Preservation
  • REO Allegiance
  • Safeguard Properties Inc
  • Sierra Field Services
  • SingleSource Property Solution
  • Southeastern Asset Services
  • Spectrum Field Services Inc
  • Trinity Field Services
  • Wolverine Real Estate Service

How to get started in working as a commercial field inspector

First you must understand that many field inspection companies do not post open positions on job boards or in the classified section in the newspaper.

That's because all you need to do is sign up with the field inspection companies and they start sending you work orders via email.

REO property preservation and maintenance services

Initial Services - such as services performed immediately upon a property becoming vacant
Recurring Services - also services performed on a regularly scheduled basis
Periodic Services - as well as services performed on an as-needed or requested basis

  • Client support capabilities
  • Bid Management System
  • Bid Review and QC Process
  • Winterization Management Program

Companies hiring field inspectors:

  • First American Field Service, offers property preservation services
  • LPS Field Services is a national field service company
  • A-1 Field Services
  • National Field Representatives inc. performs field services for the Mortgage industry

You can determine to either accept or decline those orders based on your own schedule. It is important to note that for most field inspection companies no certifications or special licenses are required.

Commercial Property Inspection

During inspection you will be required to meet on-site with borrower and/or the borrower's representative to verify;

  • the extent of the casualty damage,
  • cost to repair, the repair schedule,
  • a subsequent on-site inspection to verify the completion status of the casualty curative work

These types of inspections are ordered by banks/lenders and insurance companies.

Demand is high for someone who can go by take photos and check on these vacant, boarded up, REO and Foreclosures.

As you can imagine it takes much skill and practice to be able to advance into the many other areas of the mortgage industry

Some of the types of inspections you can expect to do are:

  • on site merchant verification for banks or credit card processing companies,
  • residential property inspections for insurance companies or mortgage companies,
  • business verification for companies applying for consumer credit access
  • construction site inspections.

You will be required to fill outfield inspection reports can vary from a few yes, no questions and some photos, to a longer more complete report.It is more specifically known as field service.

This industry is legitimate, flexible, profitable and can be done from home. You will just be cautious of ads that promise to good to be true claims.

Tools Needed for Performing Field Inspections

First it will be required that you have a computer with internet access, then you will need to have an email account, a printer,along with a digital camera and transportation.

The benefits of such a job working as a field service inspector is the flexibility to work your own schedule and the opportunity to earn an extra income.

Working with Lending and Insurance Companies

As a vendor you will be assisting Lending, Leasing and Insurance institutions nationwide who have vested interests in homes, cars, commercial property, businesses, trucks, RVs, boats, or any entity requiring financing or insurance.

So that is why this field is in demand because these institutions need to have updated and accurate information on the condition of this properties.

Updated information is needed for vacant bank owned homes

As you are probably aware the current economic slowdown has opened up more opportunities for field service inspectors specifically due to the homes and commercial properties that are being refinanced.

All those foreclosed homes that are vacant and require frequently updated photos and reports from Lending, Leasing and Insurance institutions nationwide.

You are hired by these companies that need to have updated and accurate information on the condition of this properties.

In this case these institutions sub-contract out this work to freelance field service inspection representatives all over the country.

Verification Inspection Types

Once you have determined what type of inspection you will choose to do next you will want to know what the different on site verification inspections include, some are:

  • Assumption Diligence
  • Modification Diligence
  • Consent or Waiver Diligence
  • Pre-Loan Closing Condition Diligence
  • Post Loan Closing Compliance
  • Watchlist Threshold Diligence
  • Partial Release Partial Reconveyance Diligence
  • Verification of Physical Occupancy

The ideal situation is if you can work at home, this job allows you the flexibility to create your own schedule and get out of the house, field inspection just might be the perfect job for you. Field inspectors complete inspection jobs for mortgage companies, banks and insurance agencies.

Local Home Inspections per each state in the U.S.

The best way to find local home inspectors in your area is to start with the online directories, some that I found to be really helpful is in the inspectorfinders.net site, they have companies listed in the united states.

Specialty inspection and verification services

  • Delinquent Vehicle Loan Inspections
  • Floor Plan Audits
  • “Notice to Call” Delivery
  • Merchant Site Inspections/Surveys
  • Commercial Real Estate Inspections
  • Reverse Mortgage Inspections
  • Mobile Home Vacancy Inspections
  • Occupancy Checks
  • REO QC Inspections
  • Leased Equipment Inspections
  • Collateral Inspection Reports
  • Address Verifications
  • Location Verification Inspections
  • Delinquent Credit Card Interviews
  • Credit Line Interviews

Types of Inspection Job Descriptions

Other types of inspections that you will need to be familiar with include:

  • Property Inspection Reports
  • Occupancy Verification
  • REO Occupancy Status Inspections
  • Rush Inspections and Occupancy Verifications
  • Evening Occupancy Verifications
  • Sale Date Inspections
  • Insurance Loss Inspections
  • Natural Disaster Inspections
  • Quality Control & Annual Inspections
  • Photographs

Some will require that you have your own camera as well as transportation and a way to document and record the inspections. For those looking for jobs they need to be acquainted with some of the job duties required by many national companies.

Home Inspection Licensing Requirements

Did you know that home inspection has become a standard in the home buying process?

There is no national licensing. Currently, fewer than half the states license or certify home inspectors.

Many states have licensing laws or registration requirements for home inspectors. Some states have proposed or pending legislation.

Find the latest information on home inspection legislation and regulation in your state to help with Home Inspector Licensing Requirements and Home Inspection Legislation.

Become a Home Inspector with PHII, offering hands-on distance training and home study classes including mold, pest, radon, and manufactured housing which is the Oldest and largest professional organization for home inspectors in North America.

The North Carolina Home Inspector Licensure Board (NCHILB) is chartered to safeguard the public health, safety, and welfare - protect the public from being harmed by unqualified persons by regulating the use of the title "Licensed Home Inspector" and by providing for the licensure and regulation of those who perform home inspections for compensation.

Have you decided to offer property inspection services? Are seeking the knowledge you need to complete inspections completely?

Mortgage Field Inspector is needed in the Carrolton, Roopeville,Temple, Rome, and surrounding areas, former real estate appraisal experience helpful but not necessary person must maintain organized work environment and high standard to details.

You may have seen that there is an additional Income Opportunity in field inspection services, especially for those looking for the Independent Contractor Jobs.

As for the occupations for Field Inspectors they will work as a Mortgage Field Inspector providing Mortgage Field Services to designated Companies.

It is important to note that it is going to be very competitive for other businesses that need Mortgage Field Services to help with Supplemental Income of subcontractors hired for government vendor contracts.

Experience needed for field Inspectors.

Before you apply to the national companies you will need to make sure that you are able to offer the following things:

Lock changes,Winterization, Debris removal Grass and grounds maintenance, Initial Securing, HUD Conveyance Preparation, Eviction services, Code violation abatement, Repair and Renovation Estimates, Special Services.

Comments

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  • profile image

    Courtney 6 years ago

    I would like to start doing this on my own I do work for a company right now that is working through a property reservation company. But, I also have to work around my kids school schedule and I would like to be able to get my own money and not have to wait for them to get their check and then they give me a check and I have to wait to put mine in. I want to be able to set my own hours and also to be able to have that extra cash. I am looking into more of the photo jobs. Can anyone help me with getting this started?

  • profile image

    Shaun 6 years ago

    I've worked for Tech Buff for over a year now and while $2.75 isn't much (I just turned down $2.25 from another inspection firm), they DO pay me. If you're careful and shoot the way they want you to, you'll get paid. Its simple work really. As far as 2hr drives for emergencies, I've only been sent AT MOST 10 miles for an emergency and I get paid $20 to do it...

  • profile image

    Edwin Jose Ayuketah 6 years ago

    I live in Cincinnati Ohio. I am properties inpection and preservation vendor looking to be hired in this domain. To stand competition I will go by your price while aiming at gross profit through voluminous assignments or contracts.

  • profile image

    Janelle 6 years ago

    I live in the south florida area. i was wondering which companies are hiring mortgage field inspectors. i would definitely prefer the ones paying 10 dollars.

  • profile image

    Rhonda 6 years ago

    I worked for Tech Buff for about 8 months and had the exact same experience. In addition they call you up and demand that you drive two hours to do a $3 inspection or threaten not to send you more properties or work for the next 2 weeks. Funny when there are other inspectors closer that wouldn't have to waste that amount of gas and time for their "emergency" inspection. Definitely a mickey mouse company.

  • profile image

    Steve 6 years ago

    I had the same issue with them. They are the absoulute worst Mickey mouse company I have ever worked with. 1st They want you to knock on the door to the already angry foreclosed home owner, leave a letter, Take photos of all sides of the home and usually more, fill out a report, go online and download each photo, wait im not done yet! Then put all picture numbers into another program. All this work is for a WHOPPING $3 per inspection. I know it's funny but Im not kidding. Then the next day you get emails saying why you need to go back out and take another pic or you wont get paid. Just think, if you do maybe 200 a day, then they dont pay you for 150 of them plus your gas. Holy crap, I guess you have to pay them to work. Sounds like a good deal to me.

  • profile image

    Anono 6 years ago

    DO NOT WORK FOR TECH BUFF INSPECTION. You make only $3 per inspection, that is if they decide to pay you. If you go out and do 40 inspections a day. They have every reason in the book to not pay you. Trust me DONT DO IT.

  • profile image

    Shawn 7 years ago

    Hello does anyone need a field inspector in GA Atlanta area. I have General liabilty ins. and willing to work hard for a good company. Please contact me at atlanticworldwide@yahoo.com. My name is Shawn.404-389-3112 is my number aswell.

  • profile image

    AJEESH 7 years ago

    Thanks for sharing the experience, I have 1 year of experience as an analyst in verified the work of a field inspector. I have been working on behalf of tech buff inspections located in Florida, If there is any field inspection companies who require my team's service please contact me via email: m.t.ajeesh@gmail.com

  • profile image

    mark 7 years ago

    Anyone knows any company to hire inspectors to take pictures at houses and fill up information? I am in Florida, any information will be greatly appreciatted!

  • profile image

    mo 7 years ago

    jenni

    which companies you work for?

  • Research Analyst profile image
    Author

    Research Analyst 7 years ago

    thanks for sharing your experience

  • profile image

    Jenni Messner  7 years ago

    I work as a field inspector for 3 different companies.One paid 10.00 @ house the other others pay 4.oo a house. Its hard work...

  • profile image

    DetroitJay 7 years ago

    My interest is in the photography, both still images and video. I'm in Detroit, a hotbed of foreclosure activity. I, too, would like some insight as to whether there's decent money in field service photography. I have 12 years experience in TV news filming, reporting and producing and am now at retirement age. Have pro gear. Sounds like this could be interesting. Your insight appreciated.

  • Research Analyst profile image
    Author

    Research Analyst 8 years ago

    Geovanni I would suggest you go to www.cubicyard.us

  • profile image

    Geovanni 8 years ago

    what is the going rate field inspection companies pay per inspection? for example.

    From a field inspection company ( that receives leads from banks?

    and what is the rete from straight from the lender?

    I'm in FL

  • profile image

    Mark Barnes 8 years ago

    Are you hiring any inspectors?

  • Research Analyst profile image
    Author

    Research Analyst 8 years ago

    Thanks for the tips, it is such a booming business now.

  • jtran2009 profile image

    jtran2009 8 years ago

    This is huge right now, and for anyone that interested in this niched they should contract their local REO real estate agent and build a rapport. It might take a few attempts as these agent are very busy, but it worth it because they can get you in the door with the banks that have forclosed homes.

  • sealytrinbagoinc profile image

    sealytrinbagoinc 8 years ago from Miami, Fl

    We are interested in property foreclosure preservation, mantainance and inspection jobs. Sealy Trinbago is owned and operated by two local Miami residents with vast and successful experience in all aspects of Real-Property Management.

  • profile image

    Camille Kurz 8 years ago

    I went to Appraiser School and have my certificates. I also worked with an appraiser for 6 months. I worked full time as a mortgage loan originator for 5 years.