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Foreclosure Pipeline Gradually Being Cleaned Out

Yet, while that may not be good news for the economy as a whole, for those who are in the foreclosure cleaning business, it can equate to a tidy profit. Those who are looking to start a foreclosure clean up business will need to have a flexible schedule, as you may be called at various times of the day – or night – to clean properties quickly.

Interesting article. Do you think you missed your chance to buy an investment? Southeast Texas has some great deals in the housing market still left for the buyer who knows where to find them. Foreclosure Pipeline Gradually Being Cleaned Out.

The housing bust has created a glut of foreclosed properties. Nearly 4.4% of all mortgages have received a foreclosure notice. Once homeowners move out, banks look to get the property on the market and sold as soon as possible. However, there is one major obstacle banks face in moving the houses to sell: cleaning.

When a home is vacated after a foreclosure, the home needs to be cleaned out before it is put up for auction or sold through a Realtor. A cleaning business is hired to get the home ready for potential buyers. Getting a contract with a bank to perform foreclosure clean out services can add to regular cleaning business.

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A deep cleaning service which a foreclosure clean out company can do will certainly help in regards to cleaning out the property that has been left vacant for long periods of time. This deep cleaning service includes cleaning the walls, windows, flooring, etc. All of this needs to be done in order to help the house become livable.

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The foreclosure crisis is fading away but still remains elevated in some parts of the country. Five states now account for nearly half of all the completed foreclosures in the nation. Foreclosure Pipeline Gradually Being Cleaned Out | Realtor Magazine

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