Clean Foreclosure Properties: Junk Haulers Turning into Foreclosure Cleanup Companies

By: Yuwanda Black

[ Posted On: 2009-01-05 ]

Thanks to the foreclosure crisis Americans are weathering, many simple junk hauling firms are being turned into full-fledged foreclosure cleanup companies. Because of a simple need by banks, realtors and other property owners – to clean foreclosure properties – these oftentimes 1-2 man firms are growing into larger, more lucrative businesses. For how and why, read on.

Clean Foreclosure Properties: A Lucrative Business Opportunity for Junk Haulers

If you own a junk hauling business in cities and states where foreclosures are high (eg, Florida, California, Denver), you’re probably busier than ever before. And if you’re not, it’s because you either don’t know how to capitalize on the foreclosure crisis, or don’t want to.

Banks Need Contractors Like Junk Haulers to Clean Foreclosure Properties: Banks are not in the business of managing homes. They’re in the business of lending money. The current foreclosure crisis though have forced many into some semblance of quasi property management firms.

Homeowners associations; individual homeowners; and/or city, state and local regulations all demand that abandoned properties (ie, foreclosures) be maintained. This means keeping the yard cut, replacing broken windows, winterizing a property, fixing leaks and any other damage that causes a property to become an eye sore.

One of the first things that need to be done to a foreclosed property is to remove anything left behind by previous residents. And, this is where contractors like junk haulers come in handy. They remove everything in order to help the bank get the property ready to go back on the market for sale.

As mentioned before, a bank’s job is not property management, but lending money. So they try to get foreclosed properties back on the market and ready for sale -- either by a realtor or in a foreclosure auction -- as soon as possible.

Realtors Need Contractors Like Junk Haulers to Clean Foreclosure Properties: Companies that clean foreclosed properties come in and handle a lot of the work that goes into getting a property ready to go back on the market. This can range from fixing holes in the wall, to replacing carpet, to removing junk automobiles.

ATTN Junk Haulers: Make Money Selling Abandoned Valuables Online (eg, eBay)

A side benefit for those who clean foreclosure properties is getting the valuables left behind. Previous owners leave behind everything from electronics to appliances to clothing. Much of it is in good condition and can be sold online via sites like eBay.

There are laws governing this, but in general, if the owners don’t show up to reclaim possessions after 30 days, the junk hauler is free to take and sell items. Anything sold is really like 100% profit.

“I’m a simple junk hauling company; how can I become a full-fledged foreclosure cleanup company?”

One of the first things you need to do is to become licensed, bonded and certified. Banks and realtors won’t contract with you otherwise. After you do this, then it’s a matter of marketing yourself in the right way, to the right people to start getting jobs.

For all the information you need on how to start a clean foreclosure properties business, log on to Start-a-Foreclosure-Cleanup-business dot com.

Article Source: http://www.afroarticles.com/article-dashboard

About The Author: Yuwanda Black -- May be reprinted with the following, in full: To learn how to clean foreclosure properties for a living log on to Start-a-Foreclosure-Cleanup-Business.com and get the 200 page ebook, How to Start a Foreclosure Cleanup Business, written by the owner of a leading foreclosure cleanup company in Atlanta, GA. View the CH 11 news video featuring the company here as well.

| View Profile & All Articles By: Yuwanda Black |

		Post Comment
		Blog This Article!
		Discuss Article in Forum(s)
		Publication \| Reprint Terms

Please Rate this Article

Not yet Rated

Click the XML Icon Above to Receive Foreclosures Articles Via RSS!

| Category Feeds | All-in-one Feed | Other Feed & Syndication Options |

Additional Articles From - Home | Finance | Real Estate | Foreclosures

Using The - By : Nick Adama
Why it is Important to Find Out Who Owns Your Mortgage - By : Nick Adama
Fraudulent Appraisals and the Foreclosure Process - By : Nick Adama
Is Your Mortgage Unconscionable? - By : Nick Adama
Getting Help From Your Servicer When You Are Facing Foreclosure - By : Nick Adama
Every Foreclosure Costs the Government $20,000 - By : Nick Adama
Getting Back On Track Of Your Finances After Foreclosure - By : Nick Adama
Foreclosure Caused by Fraud and Mistakes in the Closing Process - By : Nick Adama
Unending Lawsuits After the Housing Market Collapse - By : Nick Adama
How To Make The Decision When To Stop Paying Your Mortgage - By : Nick Adama

	Print This Article
	Post Comment
	Add To Favorites
	Email To Friends
	Ezine Ready \| Syndication
	Make PDF Article
	Share in FaceBook
	Post To del.icio.us
	Post To Furl
	Add To Google Bookmarks
	Submit To Propellor
	Add To Yahoo! My Web
	Add Main Feed To Outlook
	Post to BookMarks @ AfroArticles.com

	Post To BookMarkAfrica.com

| More Subscription Options |

Site Home

Article Categories

More Search Options

Site Map

Submit Articles

Top Authors

Most Recent Articles