ONE PERSON’S LOSS IS ANOTHER’S GAIN.
Home foreclosures are up and the field service business is exploding. Over the
past 2 years there has been over 1,000,000 homes foreclosed on, not a typo OVER
ONE MILLION. The beauty of this is the banks have to find someone to preserve
these properties for future sale. It has been projected in 2008 alone
750,000-1,000,000 homes are subject to foreclosure based on the adjustable rates
resetting over the next 6 months.
This is a multi-billion dollar industry that few people know about. The
government, banks and mortgage service companies spend thousands of
dollars on inspecting, repairing and maintaining each and every
foreclosed property in their portfolio.