REO Recovery Guy from Northern California

[Mark Murphy]

I am Mark Murphy, owner of Fire Insurance Recovery a licensed PUBLIC adjusting in CA. We also have affiliates in other states I can work with.

By law public adjusters can only represent property owners while company adjusters can only represent the insurance company.

We can recover settlements for damage, theft or all kinds of other losses sustained at the bank owned property(s) you are buying.

In the past, (late 1990s) we represented a couple of lenders directly and did quite well recovering more than 450K in a two year period on about 15 of their properties. Then the REO market dried up.

We want to do this again. There is a lot of money to be made and everybody (except the insurance company) ends up being very pleased.

Trying to connect with bank' asset managers has proven
cumbersome. It hard to tell the "gatekeeper" what you do. If they don't understand it, they treat you like your "selling magazine subscriptions" making it difficult to get to the next level. Most of the banks are not even aware the policies cover these things and consequently, end up selling the property as is.

On a more personal note, I live in Northern California, and enjoy mountain biking, writing, composing music and reading. To stay fit, I go to the healthclub at least three times a week. I'm looking forward to interacting in this forum. I have a 15 year old daughter (who knows more than I do) and a stepson who is just turning 18.

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