foreclosure business – Foreclosure Trash Outs: How Property Preservation Turns Around Lives
Foreclosure Trash Outs: How Property Preservation Turns Around Lives
Free Online Articles Directory
Why Submit Articles?
Top Authors
Top Articles
FAQ
ABAnswers
Publish Article
0 && $.browser.msie ) {
var ie_version = parseInt($.browser.version);
if(ie_version Login
Login via
Register
Hello
My Home
Sign Out
Email
Password
Remember me?
Lost Password?
Home Page > Home and Family > Foreclosure Trash Outs: How Property Preservation Turns Around Lives
Foreclosure Trash Outs: How Property Preservation Turns Around Lives
Posted: Oct 21, 2010 |Comments: 0
|
]]>
How the Biggest Foreclosure Business Opportunity Helped One Man
In 2002, David Lidz hit bottom. He was homeless and either slept in the woods or in his van. He was an alcoholic, who finally hit bottom at his sister’s wedding – at which point his family shipped him off to rehab.
Today, Lidz is happy and prosperous – operating his own foreclosure trash out business, Appalachian Field Services, in the Baltimore, Maryland area – according to a recent profile of him in “The Baltimore Sun” newspaper.
His story is not all that unusual, especially these days – because the foreclosure trash out business, also known as property preservation or mortgage field services, is a huge industry and only getting bigger by the moment. In August, the number of bank repossessions hit another monthly record – 95, 364 new properties requiring some kind of property trash-out services and maintenance.
It was the third monthly record in only the last five months. That monthly total was also close to the total number of houses banks took from delinquent mortgage holders in the entire year of 2005.
]]>
Experts say numbers of REO homes are soaring higher than ever before because, not only are banks dealing with new foreclosures, but they’re also dealing with an incredible backlog of homes they haven’t had the manpower or time to process. This shadow inventory is combining with current repossessions to drive REO numbers to new and incredible heights.
“On the front end,” said James J. Saccacio, CEO of RealtyTrac, “seriously delinquent loans are rolling into foreclosure at an unusually slow rate, while on the back end, the dammed-up inventory of properties already in foreclosure is moving in a steady stream.”
Lidz began his new life in the foreclosure trash out business, and then tried real estate for awhile. When the recession hit, he realized what so many others have – this was an amazing time to be in the property preservation game. He feels a strong connection between his own earlier struggles and what he does for a living now.
“It’s a bit hard to articulate,” he says, “but if you can imagine what it’s like to be reborn, lifted up out of total physical, mental, spiritual wreckage, if you can imagine what that feels like … and then imagine going into these abandoned homes, homes which have hit bottom.
“Plainly put, I really felt connected to these homes. I felt, just as I had been given a new beginning, if I could make it my work to work with these abandoned homes, I’d be the one who helped these homes find their bottom, and help start them on a path toward recovery. For me, that means not only doing everything I can to stop the deterioration of the real property we’ve been assigned but also being respectful of the former occupants and the neighborhoods.”
Watch your traffic increase just by submitting articles with us, click here to get started.
Liked this article? Click here to publish it on your website or blog, it’s free and easy!
Frank Patrick -
About the Author:
Frank Patrick, who has years of experience in the property preservation field, has already trained many newcomers to the business with great success. The inside knowledge he has of such complex issues as licensing, insurance and how to best deal with REO sellers to build good word-of-mouth, is invaluable to anyone wishing to enter this lucrative field. Learn more at http://www.REOResQ.com
]]>
Questions and Answers
Ask our experts your Home and Family related questions here…
Ask
200 Characters left
Are ther small buisness loans available from the government for me to start a property preservation company?
Are there small buisness loans available from the government for me to start a property preservation company?
U.S. citizen looking to buy property in Canada to live in for approximately (6 months) out of the year. Would you have to leave the country the following 6 months before you could return again?
Rate this Article
1
2
3
4
5
vote(s)
0 vote(s)
Feedback
Re-Publish
0) {
ch_selected = Math.floor(Math.random()*ch_queries.length);
if(ch_selected == ch_queries.length) ch_selected–;
ch_query = ch_queries[ch_selected];
}
}catch(e){
ch_query = document.title;
}
]]>
Source: http://www.articlesbase.com/home-and-family-articles/foreclosure-trash-outs-how-property-preservation-turns-around-lives-3521386.html
Article Tags:
property preservation, foreclosure business opportunity, property preservation company, field service company, mortgage field service, foreclosure clean out, foreclosure trash out, foreclosure contractor, trash out business, foreclosure business
Related Videos
Related Articles
Latest Home and Family Articles
More from Frank Patrick
HUD Foreclosure Listings and Buying Property
Buying foreclosed property from HUD foreclosure listings is easy following 2 simple rules. (04:28)
How to make Foreclosure Payments
Learn what foreclose means and what you can do to get back on track -How to make Foreclosure Payments (00:36)
How to Deal with Notice of Foreclosure
Learn what foreclose means and what you can do to get back on track -How to Deal with Notice of Foreclosure (00:22)
How to Refinance to Avoid Foreclosure
Learn what foreclose means and what you can do to get back on track -How to Refinance to Avoid Foreclosure (00:32)
Learn about Foreclosure?
Learn what foreclose means and what you can do to get back on track -Learn about Foreclosure? (00:22)
Foreclosure Trash Outs: The Huge Property Preservation Business Opportunity Continues
Hundreds of Billions of Dollars Worth of Foreclosures Still to Come
By:
Frank Patrickl
Home and Familyl
Oct 31, 2010
Foreclosure Trash Outs: Property Preservation Demand Skyrocketing
Government Demands and Record Foreclosures Mean More Business Opportunity
By:
Frank Patrickl
Businessl
Aug 17, 2010
Property Preservation Pays Off For Florida County
There is no doubt that Florida was one of the hardest-hit states by the housing crash of the past few years. Even now, one in four of all mortgages in the Sunshine State are either past due or in the foreclosure process. That
By:
Frank Patrickl
Home and Familyl
Jan 20, 2010
Foreclosure Trash Outs: There’s A Reason We Need Property Preservation
Some homeowners, while exiting their foreclosure property, are only too happy to add to a property preservation company’s “to-do” list.
By:
Frank Patrickl
Home and Familyl
Oct 28, 2010
Foreclosure Trash Outs: REO Sales Sparked By Property Preservation
In 2010, foreclosures set a new record – and they’re expected to set yet another one in 2011.
By:
Frank Patrickl
Home and Familyl
Jan 30, 2011
Automatic Gates: Pros and Cons
Automatic gates are gates that open and close without the assistance of a person when the conditions are presented and fulfilled.
By:
Kevin Germainl
Home and Familyl
Aug 16, 2011
Find a New Nanny in 30 Seconds?
The “Sandra Taylor Agency” of Beverly Hills claims to have a proprietary computer program which does just that.
By:
Campion Simmonsl
Home and Familyl
Aug 16, 2011
How Hiring a Marquee Can Enhance Your Wedding
Creating the right ambience and atmosphere at weddings can be difficult. There are many reasons why marquee hire can enhance your wedding and make planning easier. Hiring a marquee may be particularly advantageous if you are having an outdoor wedding or reception.
By:
barry summersl
Home and Familyl
Aug 16, 2011
A Look at Breast Feeding and Nursing Bras
Since the dawn of time mothers have been breast feeding their young and it was only in the mid to late 20th century when breast feeding was in decline.
By:
barry summersl
Home and Familyl
Aug 16, 2011
Office Furniture – Best Online Stores for Smart Furniture Shopping
Not many shoppers looking to make decent office furniture bargains are familiar with better online furniture stores. This article will refer buyers to good furniture shops for affordable purchases.
By:
bedroomfurnitureincl
Home and Familyl
Aug 16, 2011
Foreclosure Trash Outs: REO Sales Sparked By Property Preservation
In 2010, foreclosures set a new record – and they’re expected to set yet another one in 2011.
By:
Frank Patrickl
Home and Familyl
Jan 30, 2011
REO Listings Update: 2010’s Record-Breaking Year
As predicted by numerous housing experts, 2010 was another record-breaker in terms of numbers of foreclosures and bank REOs.
By:
Frank Patrickl
Businessl
Jan 30, 2011
Foreclosure Trash Outs: Property Preservation Makes The Sale
One Community Learns the Value of Maintaining Foreclosures
By:
Frank Patrickl
Home and Familyl
Jan 23, 2011
REO Listings: Why Are Lenders Denying Short Sales?
In this time of record-breaking foreclosures, many Americans, battered by the recession, find themselves without many alternatives to losing their house. One such alternative, the short sale, in which the homeowner is allowed to sell their home below the value of their mortgage, was one way that someone could get “out from under” a home loan they could no longer afford.
By:
Frank Patrickl
Home and Familyl
Jan 22, 2011
Foreclosure Trash Outs: More Property Preservation Services Needed
Government Accountability Office Wants More Foreclosure Trash Outs
By:
Frank Patrickl
Home and Familyl
Jan 05, 2011
Add new Comment
Your Name: *
Your Email:
Comment Body: *
Verification code:*
* Required fields
Submit
Your Articles Here
It’s Free and easy
Sign Up Today
Author Navigation
My Home
Publish Article
View/Edit Articles
View/Edit Q&A
Edit your Account
Manage Authors
Statistics Page
Personal RSS Builder
My Home
Edit your Account
Update Profile
View/Edit Q&A
Publish Article
Author Box
Frank Patrick has 27 articles online
Contact Author
Subscribe to RSS
Print article
Send to friend
Re-Publish article
Articles Categories
All Categories
Advertising
Arts & Entertainment
Automotive
Beauty
Business
Careers
Computers
Education
Finance
Food and Beverage
Health
Hobbies
Home and Family
Home Improvement
Internet
Law
Marketing
News and Society
Relationships
Self Improvement
Shopping
Spirituality
Sports and Fitness
Technology
Travel
Writing
Home and Family
Accessories
Babies
Elderly Care
Fathering
Genealogy
Holidays
Parenting
Pets
Pregnancy
Teenagers
]]>
Need Help?
Contact Us
FAQ
Submit Articles
Editorial Guidelines
Blog
Site Links
Recent Articles
Top Authors
Top Articles
Find Articles
Site Map
Mobile Version
Webmasters
RSS Builder
RSS
Link to Us
Business Info
Advertising
Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2011 Free Articles by ArticlesBase.com, All rights reserved.
Frank Patrick, who has years of experience in the property preservation field, has already trained many newcomers to the business with great success. The inside knowledge he has of such complex issues as licensing, insurance and how to best deal with REO sellers to build good word-of-mouth, is invaluable to anyone wishing to enter this lucrative field. Learn more at http://www.REOResQ.com
Beejal Patel of First Business News interviews Rebel Cole of DePaul University about wrongful foreclosures.
