Property preservation term refers to the mortgage field service industry. “Mortgage field services” and “property preservation services” are often used interchangeably, but there are some subtle differences. Both involve caring for distressed properties during the loan default and foreclosure process, but with distinct focuses. Mortgage field services encompass a broader range of activities, including property inspections, securing vacant homes, coordinating repairs, and even managing REO (real estate owned) properties after foreclosure. Property preservation, on the other hand, is primarily concerned with maintaining the condition of the property to prevent further damage while it’s vacant. Think of it as safeguarding the asset until it can be sold.
Beyond Borders Property Preservation, LLC works with banks and asset management companies to provide services such as repair, inspection and maintenance. Some of our services include:
