Title: How to Bid a Foreclosure Clean-Out | Bizfluent
Headings: How to Bid a Foreclosure Clean-Out
How to Bid a Foreclosure Clean-Out
What are Foreclosure Cleanouts?
Relations Between Lenders and Property Owners
Personal Items, Debris and Damage
Foreclosure Cleanout Considerations
Finding Foreclosure Clients
Movers, Cleaners and Developers as a Source of Referrals
Tips
Preparing the Bid
Foreclosure Cleanout is Not House-Cleaning

Content: Infestations and Hazardous Materials
Foreclosed homes may contain hazardous materials, such as used hypodermic needles, chemicals used in the manufacture of drugs, human or animal waste and vermin infestations. Personal protective equipment, such as heavy boots, gloves, face masks and goggles can provide some protection against these hazards. However, there are some hazardous waste issues that need to be dealt with by professionals. If that is the case, you will need to contract with a company that is experienced in decontamination before you can proceed with the cleanout. Junk Storage or Disposal
You will need to determine what you are going to do with items that you retrieve from the home. In some cases, the lender may want you to place these items in storage so that the previous tenant or homeowner can retrieve them at a later date. In other cases, it will be up to your company to dispose of the personal property that you collect. As a foreclosure closeout company owner, it will be up to you to develop relationships with recycling centers, charitable organizations that collect items for resale or distribution and junkyards. After the cleanout, you'll be responsible for sorting out these items and dropping them off at their respective destinations. Timing
Vacant buildings can lose their value quickly.