Cleaning Foreclosed Homes For Banks – Is This a Viable Business Opportunity?

June 7, 2010 by Chuck | 1 Comment

Cleaning Foreclosed Homes For Banks – Is This a Viable Business Opportunity?

Click here for a free report on making money by cleaning out foreclosed homes

Let’s face it, the “sub prime” mortgage fiasco has make foreclosure cleaning a very profitable business for some people – and possibly it’s something you should consider.

Recently I pointed your attention to the fact that in some markets the number of foreclosures are so great the courts are getting clogged with as a result. That fact alone indicates that the market for individuals who want to make money by cleaning foreclosed homes is a viable one for quite some time.

More than any other time in recent memory, banks and lending companies face the prospect of having to put many homes in “sellable” condition. People who have had their homes “foreclosed” are not often the most satisfied of customers. Home foreclosure cleaning teams often find messes – some find people have literally left in the night leaving behind many items that might be sold but which the banks have no use for. The opportunity to be paid to clean, possibly do simple repairs and painting jobs, and to haul off not only trash but materials that could be resold or recycled is enormous.

The more skills you bring to the table – in addition to being able to run a vacuum cleaner – could well determine your success.

Here are some qualifications for this work:

- Not afraid of physical work (and preferably you enjoy it)
- Desire to work under your own supervision
- Ability to not only clean but do or subcontract a variety of repairs (and licensed if necessary by the state in which you work)
- An eye for resale and/or recycle value of items left in the home which must be hauled off
- Access to proper equipment including at least a pick up truck to haul off trash – or “treasure”
- Ability to work at a steady pace to maximize the value of this opportunity
- Ability to “speak the language” of bankers and real estate agents who need this service.

Click here for a free report on making money by cleaning out foreclosed homes

Home foreclosure cleaning is a viable opportunity but it is NOT a get rich quick scheme… too much sweat is involved.

If you are something of a “handy man” (or woman) already, it offers you the opportunity to start a business with the tools and skills you already have instead of undergoing a long training program or having to invest in an expensive franchise.

The only expense you may have besides this is a business license (if you don’t already have one) and the price of some business cards to help you get the word out about your new service. Have a simple contract, estimate form or agreement that they agree to which you consider fair. After your first job or two, you’ll have a better idea of what’s “profitable” for you.

How to get started – find the people in your community with homes in foreclosure. Read the news about banks in your area who have lots of foreclosures. Speak to those bankers and leave your business card. Talk to real estate agents and ask if they need folks to clean foreclosed homes. Nothing replaces getting into the marketplace and talking to the people who have to make sure these homes are cleaned for resale. Don’t be surprised if they want you to got to work right away.

Yes, you CAN make money cleaning foreclosed homes if you have the knowledge and the will. For more information, be sure to click through for the free report on making money through home foreclosure cleaning.

Click here for a free report on making money by cleaning out foreclosed homes

Note: The above links are affiliate links

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