How To Start A Loss Mitigation Company

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How to Start a Loss Mitigation Company
[March 21, 2008] by Foreclosure Help
Filed under: How to Start a Loss Mitigation Company

If you are interested in starting a loss mitigation company you must read this post and it will assist you to starting a loss mitigation company.

Learn the foreclosure laws in your state
Have the desire to help people, with this desire and drive the money will come but you must first have the desire to help people. You will hear many heart wrenching stories that will make you want to cry and it is such a blessing to workout a deal for those down and out. If you are interested in making money and scamming people out of their money do us a favor and stay out of the business.
Have the desire to learn
You do not need previous real estate experience but having a background in real estate substantially lowers the learning curve.
Get a end to end manual of the loss mitigation process, I am not talking about generating leads for someone else, you really need to know loss mitigation. We are affiliated with a company selling a loss mitigation training manual that is the most complete loss mitigation training manual available.
Included in the manual are:
1. help to set up the business - details on staffing
2. Lead generating assistance to generate leads of homeowners that need your help
3. Scripts to speak with homeowners
4. Scripts to speak with the banks loss mitigation department
5. Describes in detail loss mitigation strategies and options
6. Time-line to submissions - when to fax, when to call, what to say during calls
7. Describes bankruptcy
8. And tons of other loss mitigation information
You also need to get a payment processing company we use Paypal, they have been great to work with. Click the Paypal link to be taken directly to the site Paypal

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