How to Start a Foreclosure Cleanout Business-Learn How to Clean Foreclosed Homes

PRLog - May 28, 2010 - This year alone there is expected to be over 4 Million homes foreclosed on nationwide!  In a report recently published by Realty Trak, foreclosures are expected to be very high until close to the 3rd quarter of 2012.  With this boom in foreclosures brings an excellent business opportunity-The Foreclosure Cleanout Business! Make Money Cleaning Foreclosed Homes-Foreclosure Cleanout Business is Booming.  There are new Foreclosure Cleanout Businesses springing up across the US performing these valuable services for the banks.  And with the current economy in despair, finding quality vendors to clean out foreclosures is very difficult.  This hot new Foreclosure Cleanout Business has been showcased on Oprah, 20/20, and news stations across the US.

When a home forecloses on, the banks and Reo Asset Management companies send in vendors to cleanout, repair, and maintain their bank foreclosures in an attempt to quickly place them back on the market for resell.  Banks desperately need Foreclosure Cleanout vendors to clean out and maintain their bank foreclosures! Many individuals can not afford to hire a moving truck and leave literally house loads of items at these foreclosure properties.  The banks must clean these foreclosure homes out before they attempt to market them for sale.

Have you always wanted to start a Foreclosure Cleanout Business (Property Preservation Business)? This is a very easy business to actually start.  First, of course you will need a business license and general liability insurance.  The banks require all of their Foreclosure Cleanout vendors to sign up with them directly and you will need both of these to sign up, also you will need to submit a signed w-9 form to them and a copy of your drivers license, as you are paid as an independent contractor. The banks call Foreclosure Cleanout Businesses that cleanout and repair their foreclosure properties (Property Preservation vendors).  Banks pay an average of $500 to upwards of $2000 per property to cleanout "trashout" and maintain the foreclosure homes before they get ready to put it onto the market for resell.  Most Foreclosure Cleanout Businesses (Property Preservation vendors) service 20-300 homes per month.  With skyrocketing foreclosures and job losses across the nation, this is one business that is thriving in the downturn of the economy!

What type of services can a Foreclosure Cleanout Business Owner (Property Preservation vendor) offer to the banks?
Initial securing of properties (Rekey or board up windows),Install Lockboxes,Winterization ,Bi-Weekly or Monthly lawn maintenance, Eviction/move-out assistance, Foreclosure Cleanout-REO trash-outs and debris removal, Repairs as needed on a property by property basis, Pool Maintenance & Repair, Plumbing repairs, Electrical repairs, HVAC repairs and replacement, Automobile removal, Hazardous Waster Removal, Demolition and Removal, Install new or repair flooring ,Replace or repair windows,and many more.....

In this Foreclosure Cleanout Business you will want to sign up with all the banks and Reo Asset Management companies and locate REO real estate agents in your area.  Then, you're on your way to start cleaning foreclosed homes.  Work orders will then be received usually via email or fax from the banks and asset management companies.

Where do I get Training To Start a Foreclosure Cleanout Business?
There is an Excellent Foreclosure Cleanout Business Startup Training Guide and Marketing Guides, Here is the website:
http://listbankrepos.com/startaforeclosurecleaningbusines...
http://listbankrepos.com/Marketyourforeclosurecleaningbus...

How do I Get Reo Foreclosure Cleaning Contracts from the Banks & Lenders?
There is an excellent List of Foreclosure Bank Reo Contacts, it has over 1200 Bank Reo Foreclosure Contacts for Foreclosure Cleanout Businesses, It is literally a MUST-HAVE for your New Foreclosure Cleanout Business, Here is there website:
http://listbankrepos.com/Reo-Asset-Managers-List.aspx

Free Resources-Cleaning Foreclosures:
Join the Foreclosure Cleanup Network-#1 Social Network for Businesses that Clean Foreclosures! It's free to join and network, so join today! You can also promote your new Business Cleaning Foreclosures also, plus connect directly with Real Estate Reo Agents that list foreclosures to get additional work.
http://www.foreclosurecleanupnetwork.com

Join the Property Preservation Directory
#1 Property Preservation Directory the REO Asset Managers go to to locate Property Preservation Vendors to work for them! Sign up for the Platinum membership-you get lifetime membership and advertising for your New Business Cleaning Foreclosures!
Join Property Preservation Directory Now!
http://www.instanthomelink.com

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Please visit our visit today! http://www.listbankrepos.com

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