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: Relations Between Lenders and Property Owners
In an ideal situation, lenders and property owners work together to make the foreclosure and eviction process run smoothly. This may even mean that a lender will agree to not foreclose on a property in exchange for the owner giving up his or her rights to the property and moving out voluntarily. Lenders will even sometimes pay cash to owners who agreed to leave voluntarily and leave the home in excellent "broom swept" condition. This means that all personal property has been removed from the home and that it has been cleaned so that it can be shown by real estate agents to possible buyers. 00:00
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Unfortunately, these amicable agreements do not always happen. In some cases, owners or tenants refuse to leave a property voluntarily and may not even be prepared for a sheriff's eviction. In other cases, residents will simply abandon the property and move elsewhere. As a result, a foreclosed home may contain personal property that belonged to the previous occupants. Personal Items, Debris and Damage
Personal property usually needs to be removed before a bank or lender is able to put the home back on the market for sale. Other factors that may need to be considered include the possibility that a home has been structurally damaged by an angry owner or tenant, that the home may contain potentially dangerous debris such as drug paraphernalia or that the place has been infested with insects or rodents.