Start a Foreclosure Cleanup Business-Jump into this booming industry
First Oprah talked about the Foreclosure Cleanup Business, then 20/20, and now you can literally hear about people starting Foreclosure Cleaning businesses all over the nation. With over 3 Million homes expected to foreclose on this year alone, this dirty business is turning into a booming goldmine for many. According to new reports released by Realty Trak, they wrote "No Relief from Foreclosure Heat in August" , this updated article states that Nevada, California, Florida, Michigan, Arizona, and Illinois still posted extremely high foreclosure rates and these 6 states account for almost 60 % of the foreclosures nationwide. A total of 358,471 U.S. properties received foreclosure filings during the month, a decrease of less than 1 percent from the previous month but still an increase of nearly 18 percent from August 2008. What does this mean? It means that each and every one of these homes will need to be cleaned out (a trashout), lawn maintenance services, carpet cleaning, locks changed and more. This is where the Foreclosure cleanup vendors come in. These businesses are on average cleaning 8-12 homes per day, 7 days a week. And with the additional foreclosures coming down the line, there is a shortage of vendors to perform these Property Preservation services.
Skyrocketing unemployment rates and job losses nationwide, maybe this is a good time to consider cleaning foreclosed homes! In California alone, over 38,000 homes entered the Notice of Default stage, this is considered a pre-foreclosure, but it gives us a good idea of what is coming down the line.
Property Preservation vendors are needed across this country to bring these homes back to their former condition so the banks can attempt to resell them quickly. If you would like to learn more about how Start a Foreclosure Cleanup Business we have provided links below.
This industry is growing so fast that there is even a Foreclosure Cleanup Network. This network is made up of foreclosure cleaning vendors, contractors, realtors, buyers, investors, and more. Visit the Foreclosure Cleanup Network at www.foreclosurecleanupnetwork.com
According to Realty Trak foreclosures are expected to remain high until well into the 3rd quarter of 2012. With foreclosures expected to last another couple of years, why not jump into this booming business today.
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