Business & Finance Renting & Real Estate

Being a Loss Mitigation Specialist is Your Hedge Against the Current Economy

If it is true that the current downward spiral in home values will continue until 2011, don't you think it may be wise to protect yourself? What if you could build a steady income, set yourself up for 5 figure paydays, and help others in your community? This is all possible by becoming a loss mitigation specialist.
A loss mitigation specialist is someone who knows what the options are for a homeowner who owes more on their house than the house is worth.
Let me give you an example:
  • A homeowner got a mortgage on their house 3 years ago for $300,000
  • Now the homeowner needs to move out of the area within the next 3 months
  • But the home is now only worth $275,000 and home sales are down
  • The homeowner does not have the $25,000 even if they could sell the home for $275,000
What is the homeowner to do? Well, that is the job for a loss mitigation specialist.
Depending on the current situation of the homeowner in question, the loss mitigator can figure out a course of action that may be beneficial to all parties concerned.
And, depending on what the homeowner decides, the loss mitigation consultant can proceed in the proper manner to help the homeowners wishes come about.
Now the reason this has become crucially important, is because it is predicted that millions of homeowners will be in the above situation (upside down on their mortgages) in the next couple of years.
You can be a great asset to your community, while you know what is going on in the housing market, and make a lot of extra money.
It is not difficult if you have a little training, but it is very difficult if you are an upside down homeowner and you don't know your options.
We can get through this.

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