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Foreclosure Cleaning Guide for Beginners

Cleaning out foreclosed homes
Well the reason I even mentioned Las Vegas is because they have a high number of foreclosures, as well as many more areas in the inland empire, I was just reading in the news that some of the hot areas for foreclosure cleaners is in Florida, Miami, Las Vegas and the inland empire california, real estate investors are looking to buy homes at low bargain prices,

so all the banked owned properties that are selling for half off the going comparative market analysis are going to just put them foreclosures back on the market so that they can rent out the homes for a month rental income of over a thousand dollars. Just think all these real estate investors looking for REO 's and HUD homes are going to need to use foreclosure cleanup companies to maintain and get the house ready for resale. Even former real estate agents are starting to see the profitablility maintaining foreclosed homes and providing property preservation services to mortgage lenders.

In the news they have reported that companies that are cleaning foreclosed homes have some how reached a golden opportunity of money falling from the sky, well I would have to think that it is not that easy to start a foreclosed home business, it may seem like it is an easy thing to do but actually the hardest part will be marketing your services getting contracts and finding reliable domestic workers to help with hauling the trash and the debris from the forclosures.

So my advice would be to talk to companies that are cleaning out and maintaing foreclosures to find out how they go about getting work. Then once you have done your research you will be better prepared for what will happen as the years go by and the industry gets more saturated with abandoned, vacant, foreclosed homes. many of which are being stripped of everything from light fixures to sinks, toilets and being sold for money.

Foreclosure cleanup
The best way to know if you have the right foreclosure cleaning guide is to find out if it provides you with all the information you need in getting started when your are ready to start a business, when I think of starting a foreclosure cleanup business I usually want to know if there will be any high out of pocket costs, many do not have the capital to be able to start a business from home even if they find out that the foreclosure clean out opportunity is a hot market.

Could it just be a faze that will pass or does it have a long term profitable way to measure if it can truly be a success or not? Just because you see in the news that you can make money and I am talking some serious money such as several thousand dollars a day anyone would get excited and want to know how they can jump on the band wagon and participate, so what if you just decide to read the classifieds and see how many foreclosure cleaning services are already in business, is the competition to steep for a first time entrepreneur who wants to be their own boss.

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How to start Cleaning Foreclosure Properties

Tips on Cleaning Foreclosures
First you will want to start with setting up a junk hauling service, because it will be easier and you will have all the necessary equipment already that you will need to get started right away.

Licensing and Insurance

Once you get licensing and insurance you may want to talk to a few companies that are already working with contracts, they can tell you what things you will need to know so that you can save yourself time and money.

Price Quotes for your services

Next you will need to have an idea of how much you will charge for your services to come up with a fair market price you will need to consider your geographic location, square footage of the property, length of time the property has been vacant will clue you in to the amount of damage it may have incurred.

Hiring contractors and subcontractors

If there is a need for pool cleaners this will be an added expense as well. You may need to get contractors or subcontractors to help you with the cleaning and repair, these costs as well as how fast you will be able to complete the job is what will determine what you should charge. Your best bet is to go see the property before you give out a quote.

Banked owned homes
Banked owned home is what most people will start with when they start a cleaning business with properties, or cleaning foreclosures some of the most helpful tips is you are thinking of getting started that even though you can make a lot of money you also will have some strict guidelines to follow, you will have to be prepared for the deplorable state you will find many of these foreclosured property in.

Damaged foreclosed HUD homes

When a homeowner leaves a foreclosure homes behind many are not in a good state of mind and they may damage the home or even remove pieces of the house structure.

This is being seen especially in HUD properties, the foreclosures are being handled by property management companies, that hire companies to do the cleaning, repairing and painting of these homes,

You may be wondering if all this is worth the effort, even once the home is ready for resale, real estate investors are just interested in the homes that still have some equity in them, so if the house is worth more than its worth the chances of the home finding a buyer is going to be really hard.


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Reasons for Starting a REO Cleaning Business Now

Start a foreclosure cleaning business while working full time

Starting a business cleanup for foreclosed homes can be done on a part time basis and this is what attracts many who are looking to start their own business and they want to eliminate many of the risks involved with starting a new business from scratch,

How you get paid, Who is writing the checks?

Some of the key things to look at is if their is demand and foremost who is writing the checks. If banks, realtors, owners are paying the checks then you know you will get paid and you can build a income while working full time.

Some of the recommendations is to have someone who can answer your calls or answering service who can take the calls that you will receive from the classified ads or online advertising that you do.

How to take advantage of Weekend jobs, Most of the jobs or work you do will have to be on the weekend so leave the slots open for as many homes that you can do in a 24 hour period.

Get work done in a timely manner: Getting the work done in a timely manner will take you hiring those who are experienced and understand how the business works, dump rentals, equipment rentals, square footage and load fees as well as how to do winterization, securing a property as well and doing any needed repairs.

This will save you time and money and allow you to work full time and build your foreclosure cleaning business part-time.

Can the economy recover fast enough to help people stay in their homes?
More foreclosures are on the horizon and many are wondering how long this recession will last. Maybe in this time of crisis many entrepreneurs and small business owners are looking at starting foreclosure cleanup companies. It is a lucrative business opportunity for those who want to make money and build a business that will grow through the economic down turn.

Are we in a recession or a depression? this is the questions many ask especially when the banks are not lending money and creditors are seeing more people filing for bankruptcy. We are facing a greater risk for a depression with no sight of a cure.

Will the Obama Mortgage rescue really help?

The unemployment rate continues to climb higher up the ladder of economic crisis and layoffs. Foreclosures is something that can happen fast and furious especially if a family member loses a job.

Foreclosure cleaning companies are becoming the business many are choosing, The fastest franchise opportunity in the market today is the commercial cleaning business, if you have a desire to make a difference and help others make money the cleaning business may be the business you should start.

Boarding up broken windows, maintaining the lawn, removing trash and debris, painting, changing locks are just some of the duties and services your cleaning business can offer to those who have a long list of foreclosures that need to be maintained.

Start a Cleaning Service
Foreclosure Cleaning Business is a cleaning service to start in the present economy. Housing loans given to people who could not afford to pay them has left many families without a home.

This has lead to a massive amount of foreclosures left on the market, the gold mine for many who see this bad situation as a good thing is those looking to go into the foreclosure cleaning business. All the abandoned and vacant homes need to be maintained and well taken care of.

Property Preservation companies needed

The bank is losing the battle and the value of the home is down, now they have no choice but to sale the home and get it off the books, if the home is damaged or needs repairs property preservation companies can come in and do the commercial cleaning and repairs to get the house back on the market for resale mostly now to investors who are into a long term real estate using rental properties to make money.

Start offering mortgage services

The amount of companies offering these mortgage services continue to grow each day as more and more people learn of this business opportunity, many are looking for ways to get started in the foreclosure cleanup and want to know about bidding for contracts, outsourcing jobs and getting paid per square foot. It is a challenge and well worth the effort if you are willing to get the licensures, bonding and insurance and can make a name for yourself and become reliable source of service.


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Foreclosed Homes for Sale Cleaning Foreclosed Houses

Foreclosure trashout business services you can offer:

Pressure washing which requires that you use a high pressure water hose on the buildings that have become dirty and this is the best way to get a fresh looking paint job on a house that has been left unattended for a number of years, if you currently are providing this type of service you will want to also offer this to those who will be starting a foreclosure cleaning business.

In home maid services are now adding foreclosure cleaning to their list of jobs which before used to only include family homes of parents and elderly who did not have time or where unable to clean, so this added revenue stream will help anyone who is operating a home cleaning maid service as well.

What are the types of cleaning services for those who are cleaning foreclosures for a living?

If you are starting a business cleaning foreclosures you will need to know that you can offer a variety of cleaning services some of the more popular ones are hauling away debris and trash while others are just to clean out the homes that have been left vacant others would rather do the in home repair of the plumbing or the kitchen appliances, if you are a contractor you will be familiar with all the exterior and interior work that will need to be done on the banked owned homes, HUD foreclosures as well as the abandoned homes left by rental property managers who have gone into foreclosure due to not being able to make the mortgage, there are alot of contractors and subcontractors that can help you out with the work so that you do not have to do all the cleaning, painting, repairs, landscaping on your own.

What you should know about starting a foreclosure cleaning business

With the many foreclosed homes for sale you are probably thinking that starting a foreclosure cleaning business is going to be a no brainer with just having plenty of jobs drop right into your lap, well this may not be the case since many will find that they need to be well established with the proper licensures

as well as the needed equipment and staff to get the work done on a timeline, yes banks want these foreclosure properties handled on a deadline, you will probably have a better time looking at home development managers as well as asset managers, real estate agents and investment brokers can probably tell you the best places to find property managers who will need to have commercial property as well as residential property worked on and cleaned out. Not everyone who buys banked owned properties will know how to maintain and keep up the lawn or pools.

If you are investing in real estate property that is located out of state it will also cause you a deal of concern and the need for a local cleaning business who can handle all the day to day contracts and activities of hauling the trash and fixing any broken doors or windows. One of the best businesses to start in this down economy some would say is the ones who can go and clean.

Window cleaning is a business that has been around awhile and most who run these types of services work for themselves and they usually provide window cleaning for corporations and commercial type buildings, if you are presently in this type of business you may want to look at helping with cleaning windows of foreclosed property.

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How to Start a Foreclosure Cleaning Business Today

Hiring workers to help with cleaning out forclosures

When you start a business most of the work you wil be able to outsource by hiring painters, electricians, carpenters, locksmith etc. Knowing about cubic yards and dump requirements will help when it comes to pricing your services as well. Foreclosure cleaning companies will continue to profit into the near future, as long as the recession continues to put the economy in a state of financial crisis, banks will need those who can come and help get real estate back on the markets for resale.

Many are looking to clean foreclosures for a living, they even set up a corporation for their business due to its low cost startup an the continued demand for the services. With unemployment rates at a national high many are looking at starting their own businesses. It is the small business of choice for those who are downsized from other industries and sectors such as finance or construction.

Why you should be starting a foreclosure cleaning business

What you must know before getting started with your foreclosure clean up business is not as easy as some have made it out to be. some things you must know about the business of removing trash and debris. First you will need to know that some companies will require that you get licensed, bonded and insured before they will set up a contract with you.

Also it is important to note that along with cleaning you may be required to do rekeying, documentation, winterization and demolition. The more you are able to offer in your business the better opportunities you will have, which means more money in your pocket.

Pricing, bidding and giving out estimates, how should you handle this when you are called for a job, most experienced companies will give a quote once they see the type of property and the amount of trash that needs to be removed. Realtors and REO departments of banks will need estimates before they can hire you so keep a general job rate until you are actually hired for the work. Size of lot, amount of cleanup and turn around time is important in determining how much you will actually charge.

How to start working part time cleaning foreclosures

If you are working full time and would like to clean foreclosures on the weekends this is a business that offers that opportunity. All you will need is to contact asset management companies or real estate investors who have a list of foreclosures that need to be cleaned and maintained.

Depending on the condition of the property, most jobs can be done in one day. Being prompt and offering quick service is what will keep your clients coming back with referrals, make sure to have someone who can answer the phone calls you will receive because marketing your foreclosure business is crucial and availability will be what makes your business stand out from the rest.

How to recycle and go green with your foreclosure cleaning business


Most of the items that you will be cleaning out is debris and trash that needs to be removed, sometimes you will find items that can be recycled and reclaimed or repurposed. Saving the environment by green cleaing and not filling up the landfills with green materials is how you can add a little difference to what you do. Warmer climates make for the best in dealing with keeping expenses low.

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How to Start Foreclosed Home Cleaning

Find out why Banks need help cleaning foreclosures

Banks need companies who can clean and maintain all the foreclosed homes, the bank will lose money if it can not get these homes taken care of fast. You will be required to secure, clean and repair homes that have been vandelized, damaged and trashed out. No matter what the economy, good or bad homes will still need to be maintained.

Residential and commercial cleaning is a business you can do part time from home, once you get the knowledge and the tools you can get started building a future for yourself and your family.
Make money cleaning foreclosures by being prepared, having a business plan, contact those who know what they are doing and help those who need work get contracts to help with trash removal and debris.

What you should know about Banked owned properties

Banked owned properties need residential cleaning services, foreclosure cleanup is a business that many are looking into starting, many who end up losing their homes to foreclosure leave many items behind, some of the things found in vacant homes by those who do property preservation services for mortgage lenders is furniture, kids toys, left over clothes, food is still in the cabinets, some homes have all the items left behind from homeowners who get evicted from their homes due to not being able to pay the high mortgage note that has increased over the last few years.

Many have found themselves in home mortgage loans that they can not afford due to ARM's and adjustable rate loans that are not adjusting themselves to higher interest payments. Loan modification specialists and loan modification companies are popping up all over the place to try and help those who qualify to stay in their homes but for the large numbers of people who will not be helped.

It leaves a business that offers those who want to cleanup the foreclosures by contracting the service with the banks. Those wanting to get started in this type of business has to learn how to market themselves and place ads all over the place in order to get business.

You will find that their are many ebooks on the internet selling this information on how to get started and what to do step by step, if this is helpful to you then you may want to find out from someone who is experienced in this type of work and who is willing to show you how its done.


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Why Homeowners walkaway from REO Foreclosures

Unable to refinance, no more equity left in the home A couple of years ago the real estate industry was booming, many homeowners where using their homes to finance vacations, trips and to buy bigger toys,cars and boats not that the cash machine is empty, Many find themselves oweing more than the home is worth and feeling the pinch. No money no way to afford the rising adjustable rate mortgage.

The rates are setting and the next 4 years see many homeowners who will continue to default on their mortgage loans. What is the solution? can the government bailout help homeowners stay in their homes? Choosing foreclosure is not an easy decision, looking for options homeowners want a way out.

A deed in lieu of foreclosure is when a homeowner signs the home back over to the bank to avoid foreclosure, those in serious mortgage distress must do the following:

Be proactive call servicer find out what your options are as a borrower
Look at your budget and other expenses besides your mortgage
Talk with a HUD housing counselor and find out what you can get help with
Get a foreclosure attorney to represent you
Its never an easy decision to walk away from your home, but when one is facing foreclosure it can be overwhelming

Why more families are walking away from their homes

Facing mortgage default many distressed homeowners are choosing to walk away from mortgage payments.

Why are they leaving and what is going to happen to the real estate mortgage meltdown crisis? Stuck in homes they can not afford many families have given up with no where to turn, economic downturn and high unemployment rates have left many desperate for relief. so the end results in them walking away from the home of their dreams.

Many owe more than the house is worth and the continued strain and stress of not being able to pay their bills is too much for many to bear.the declining housing market is leaving many no other choice but to leave and start over somewhere new in a rental home.
Lenders are left holding the bag with all the defaulted properties that continue to rise amidst a bleak economy.

Going through foreclosure affects a persons credit report, how will this effect a person who may want to buy a home again in the future, walking away from a home that is behind in mortgage payments.

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