The company will work with the lender's loss mitigation department to work out different types of payment plans for the homeowner, the company has investors that will refinance the property, and they have a network of investors that will buy the property.

Previously, HUD was able to assess fines up to $1.25 million per year against a lender that did not utilize mitigation programs.

(Very expensive) usually you can mitigate most water penetration issues by simply addressing drainage at the surface.

and you know the risks and their mitigations, your risk of losing it all are slim and knowing all of that will give you the confidence you need to go forward.

You have to find ways to mitigate costs, expand your marketing budget, reach new prospects, negotiate better deals, network etc.

Is there anything I can do to help mitigate these?

. - not Loss Mitigation.

Due on Sale Clause, where the loan can be called fully due and payable, is one of the pitfalls, and the DOS issue can be mitigated but not eliminated.

But you need to get in there ASAP to mitigate damage to your property.The tenant needs to find a new place to live.

You did the right thing, mitigated the damage and restored your property.