Whether you are a mortgage, real estate or investing professional or an entrepreneur, Foreclosure has been the buzz word of 2007. Many are starting to realize the market has changed directions. Though there are still some hopefuls most are aware that Foreclosure rates are rising and will continue to do so over the next few years. Many professionals and entrepreneurs are seeking for an open door into the Foreclosure arena. Loss Mitigation, the art of negotiating with lenders on behalf of a homeowner to save their home, is the most rewarding emotionally and many are attracted to the business model.

There are several companies out there helping mortgage and real estate professionals as well as stay at home moms learn the ropes of the loss Mitigation/foreclosure prevention industry. Though there are several out there, our research has led us back to one company that seems the most attractive to those looking to get started and have a legitimate Foreclosure prevention business.

Freedom Foreclosure Prevention Services, founded in 2003 and based in Mesa Arizona, not only provides in-house loss Mitigation services to thousands of homeowners but also provides an opportunity for individuals to help homeowners as Certified Loss Mitigation Consultants. Their company provides exemplary training in the loss Mitigation/foreclosure prevention industry but also opens the door for many other opportunities in the Foreclosure industry. They have perfected and time tested their marketing tools, training and strategies giving consultants an arsenal of tools to help them become and stay extremely successful.

One area in the loss Mitigation business opportunity field that causes concern is the liability that most novices may not be aware of. Loss Mitigation is a service that should be provided by experienced Loss Mitigation Specialists only. Should a home be lost during the process of loss Mitigation, homeowners have every right to pursue legal action if they feel and can prove the company or individual providing the service was negligible. Now many companies that train on loss Mitigation will actually have their “agents”, “reps”, consultants or independent contractors collecting fees, setting up escrow and trust accounts and having clients sign contracts under the individual’s direct name rather than the company actually providing the service. If a homeowner were to pursue legal action, the first person on the list would be the person they are signing contracts with and giving fees to.

Freedom Foreclosure Prevention Services (FFPS) is responsible for all client cases and works closes with the clients throughout the process handling all loss Mitigation in-house. In addition, a client will sign a contract directly with FFPS offering a 100% guarantee rather than the individual consultant. Many may not see the value of this but inexperienced loss mitigators are losing homes to Foreclosure every day for lack of experience, knowledge and wherewithal. Freedom Foreclosure Prevention Services has built an impeccable reputation by providing superior client support and excellent loss Mitigation services.

If you have recently researched becoming involved in the loss Mitigation/foreclosure prevention industry you should be wary to whom you trust not only your reputation but the many families that will rely on you to save their home. Find a company that will stand by their experience and absorb all liability if any. Join forces with a company that has a time tested reputation and conducts business with the highest of standards.

To learn more about how you can become a Certified Loss Mitigation Consultant with Freedom Foreclosure Prevention Services, visit PreventForeclosure.net

Jim Hutchinson is an Independent Certified Loss Mitigation Consultant with Freedom Foreclosure Prevention Services.

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