Even if you’re new to property preservation, you’ve probably already discovered the industry is driven by its own processes and regulations—and even its own language. And learning to speak it is critical to your future success. To help you get started, we’ve compiled a few key terms you’ll need to understand to communicate with confidence.
MCS Knowledge Center
Resources, education and tools from MCS to help manage and preserve assets across
the Commercial, Single-Family Rental and Property Preservation industries.
Tracy Hager is Senior Vice President of Mortgage Operations for MCS, serving as corporate liaison with industry investors and insurers. Tracy is also responsible for multiple functional groups including violations, conveyance support, investor bids, and reconveyances, as well as several client relationships. She joined MCS in January 2009 having previously served in leadership roles at First American Field Services and Midland Mortgage Company. She is a member of the Mortgage Bankers Association (“MBA”) P&P Work Group, the MBAClaims Work Group, and is a regular panel participant at various MBA and other industry conferences.
Property preservation work can be a great way to round out your handyman services business and hedge against economic downturns. But entering a new line of work may seem overwhelming at first. Here are a few key concepts to understand about the industry so you’re ready to dive in and feel set up for success.
Property preservation comes with its share of risky situations. But working with a trusted partner can help you reduce the chance of fines and violations. Here are three important ways a property preservation services partner can be your ally—and what to look for when choosing one.
Caring for a property in default requires an understanding of various rules and ordinances as well as an experienced vendor network to complete the range of services commonly needed to keep the property in shape to sell or convey. Fortunately, a high-quality property preservation services partner can take care of everything you need.