What If We’re In A Depression But Don’t Know It? How Are You Doing With The $3 Mortgage Inspections?

bread-line-depression

Is the economy in a Depression? Not if you’re a corporate bigwig skimming vast gains from corporate buybacks funded by the Fed’s free money for financiers. But if you’re a wage earner who’s seen your pay, hours and benefits cut while your healthcare costs have skyrocketed – well, if it isn’t a Depression, it’s a very close relative of a Depression.

Today, the average mortgage inspection with 7 FREE photos pays $3. Twenty-five years ago, the same inspection paid $5 and photos paid $1.50 each. Someone is making money, but that someone is NOT the mortgage field inspector. The Mortgage Order Mill (MOM) always has the better part of the partnership. The mortgage segment is the DARK SIDE of the industry.

So how are those $3 mortgage inspections with “maybe” a $1.50 profit after you FIRST perform 833 mortgage inspections to pay for the required insurance. Stop by Lowes and look at the price of a single 100-watt light bulb. What do you pay for an oil change and tire rotation? The average price for a new car today is over $30,000. A mortgage inspection “maybe” provides a profit of $1.50. Divide all of your business expenses by 1.50 to compute the number of mortgage inspections required to pay the bills. Divide your car insurance cost by 1.50. When you work for inspector “Barbara” you may not even get paid. How will you feel when a MOM charges you with a $60 chargeback … a penalty to put more money in the MOM’s pocket?

Leave a comment