Tag Archives: foreclosure

Property Preservation Work Is Interesting

My business has changed what it has done many times.  Actually I should say that it has added many things over the years.  This year we started doing Foreclosure Work.  In my area there are many people walking away from their homes because of Hurricane Sandy, and many other things.

We do the things that make it possible to continually check on a property, and also keep a property from incurring fines due to violations.  Some of the work includes winterizing, rekeys, lockboxes, board ups, and more.  In doing this work we have seen many things that are totally amazing, devastating, and funny.  I don’t like to see people lose their homes, but at the same time I am a firm believer that if you purchase something you better be able to use the hypothetical crystal ball, and evaluate your future.

Some of the hardest things for me personally to do would entail me doing a property check, and finding someone living in the home.  Normally you will find someone that has no idea that their landlord hasn’t been paying the mortgage.  Usually I will tell the people that I would personally stop paying the landlord if I were in their shoes.  This is normally because the people ask me what they are to do next.  I advise them that they need to contact the bank that is responsible for the property, and update them on their status.  This will not stop a foreclosure, but it will give the bank a chance to evaluate if there is a contract in place, or what needs to be done.

I really do enjoy having a paycheck coming weekly.  I know that if I were in some of the other states that the work may not be as good doing this.  States that do not get very cold do not get snow work, or winterizations.  New Jersey is a good state to live if you want to make a decent paycheck.  As long as you have some sort of financial brain you can do anything.  I only say this because I know a few people that couldn’t manage any amount of money if they tried, and there are more jobs here in New Jersey than anyone can imagine.  You don’t have to have a large monetary payout to succeed.  You need to be consistent.