Mortgage Field Services

Field Services: Scam or Legitimate Opportunity ?

Updated Field Service Business Manual Available October 10th

Posted on | October 1, 2007 | 1 Comment

I only had four inspections to do today. Three of them were super rush orders of some type and paid twenty dollars each. The nice thing about it was that two were of the same house, and one was the house next door. The fourth was about twenty miles away. Sixty-seven bucks and fifty cents for a couple of hours.

The updated Field Services Business Manual will be available for download on October 10th. Since I offer free downloads for a year after initial purchase, everyone who has purchased a manual since October 10th of 2006 will get an e-mail giving download instructions for the new version.

I will be spending most of the week finishing up the manual and getting a few other things in order. Over the weekend I had some interesting offers concerning training for field reps. I will keep you up to date as I can.

Again, I will pass along my belief that we should be spending much more time looking for opportunities outside of mortgage field services. I continue to see falling quantities, falling fees and falling respect for field reps.

For those of you interested, here is how the table of contents looks as of today for the October 10th release of the business manual:

Preface.. 11

Introduction.. 16

Acknowledgements.. 18

About the Author.. 19

Dedication.. 21

Disclaimer.. 22

Do The Right Thing.. 24

Mentoring Program.. 26

Step by Step Plans. 27

Field Services Background.. 29

A Little History. 29

Service Categories. 31

Industry Forecast 35

Business Setup.. 38

Laws. 38

Taxes. 39

Resumes. 44

Areas of Coverage. 46

Insurance. 48

Licenses. 50

Legal Issues. 51

Competition. 56

Negotiating Fees. 57

Dirty Deeds. 61

The Good Guys. 65

The Bad Guys. 67

Finding Additional Income. 69

Equipment.. 70

Vehicles. 70

Cell Phones. 70

Miscellaneous Tools & Supplies. 71

Residential Services.. 72

Bankruptcy Inspections. 73

Clean Ups. 74

Construction Funding. 75

Delinquency Inspections. 76

Drive-By Inspections. 77

Face to Face Interview.. 78

Foreclosure Inspections. 79

Hazard Inspections- Residential 80

Home Improvement Verification. 81

Insurance Loss Inspections. 82

Mobile Home Inspections. 84

Progress Reports. 84

Commercial Services.. 85

Broker Opinion of Value (BOCV) 85

Broker Price Opinion. 85

Commercial Broker Price Opinions (BPOs) 85

Commercial Property Inspection. 85

Environmental Inspections. 85

Floor Plan Inventories. 86

Loss Control Services. 87

Movie Audience Response Surveys. 87

Merchant Site Inspections. 88

Mystery Shopper Surveys. 88

Light industrial 88

Retail Outlet Verifications. 88

Television Audience Response Surveys. 88

Vehicle & Equipment Leasing Inspections. 88

Vehicle Delinquency Inspection. 88

VISA/MasterCard Merchant Credit Card Account Site Verifications. 89

Walk-Thru settlement Inspection. 89

Mortgage Field Services Business Manual 90

Apartment Inspections. 90

Asset Liquidation. 92

Floor Plan Inspections. 93

Leased Equipment Inspections. 94

Commercial Hazard Inspections. 95

Insurance Loss Inspections. 96

Merchant Site Inspections. 98

Miscellaneous Services.. 99

Aircraft Inspections. 99

Business Monitoring. 99

Cash for Keys. 99

Classic Car Inspections. 99

Disaster Inspections. 100

Introduction to Property Preservation.. 102

Boarding. 102

Broom Sweeping. 102

Carpentry. 102

Debris Removal 102

Demolition. 102

Evictions. 103

Hazard Removal 103

Debris Removal 103

Interior Cleaning. 103

Lock Changes. 103

Lock Re-keying. 103

Lawn Maintenance. 103

Pool Securing. 103

Rehab and Repair 104

Roofing. 104

Snow Removal 104

Winterization. 104

Office Procedures.. 105

Hours of Operation. 106

Vacations. 107

Mixing Inspections. 109

Quality Control 110

Performance. 111

Report Cards. 111

Cancellations. 113

Maps & Routing. 114

Telephones and Faxes. 116

Software. 118

Sharing. 120

Maps & Routing 2. 121

Payments & Invoices. 123

Field Procedures.. 124

Personal Safety. 127

Identification. 129

Dress Code. 131

Courtesy. 132

Friends In The Field. 132

Field Notes. 133

Third Party Disclosure. 135

Construction Types. 136

Occupancy Verification. 136

Access To Properties. 137

Photography.. 140

Picture Angles. 144

Specific Photo Requirements. 146

More Photo Angles. 149

More Specific Photo Requirements. 151

Very Bad Pictures. 152

Affiliations.. 153

NAMFS. 153

S.I.R.s. 153

Field Inspectors.com.. 153

SOFI 153

PROPERTYPRESERVATION.. 154

Frequently Asked Questions.. 155

How to Market to FEMA.. 157

Fair Debt Collection Practices Act.. 160

Glossary.. 172

HUD M&M Contractors.. 207

Arizona and Nevada.. 207

Arkansas and Louisiana.. 207

California, Hawaii and Guam208

Caribbean (Puerto Rico and US Virgin Islands). 208

Colorado, Montana, Utah, and Wyoming.. 208

Florida.. 209

Georgia.. 209

Illinois and Indiana.. 209

Kansas, Missouri, and Oklahoma.. 210

Kentucky and Tennessee.. 210

Maryland and the District of Columbia.. 210

Mississippi and Alabama.. 211

New Jersey and New York. 211

North Carolina and South Carolina.. 211

North Dakota, South Dakota, Nebraska, Minnesota, Wisconsin, and Iowa.. 211

Pennsylvania and Delaware.. 211

Texas (north) and New Mexico.. 211

Lists of Texas counties in each contract area.. 212

Texas (south). 212

Vermont, New Hampshire, Maine, Rhode Island, Massachusetts and Connecticut. 212

Virginia and West Virginia.. 212

Alaska, Idaho, Oregon, and Washington.. 213

Michigan and Ohio.. 213

Company Contact Info 250

Notary Signing Companies.. 254

Disclaimer 254

Links & Sources.. 271



Always get married early in the morning. That way, if it doesn’t work out you haven’t wasted the whole day.

Mickey Rooney


Comments

One Response to “Updated Field Service Business Manual Available October 10th”

  1. Broker Price Opinions
    January 3rd, 2008 @ 2:31 am

    I see you have broker price opinions in the list. Thats hot right now.

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