How The Foreclosed Home Cleaning Industry Will Make You Rich

The foreclosed home cleaning industry has been featured in the Oprah Show and the Jim Lehrer News hour

. Everyone knows that home foreclosures are at an all time high. But what everyone does not know is that this has propelled the foreclosed home cleaning business through the sky. This once silent and invisible industry has now exploded into a huge opportunity with equally huge profits.

The Jim Lehrer News hour highlighted a company in Los Angeles who only a few years ago used to employ three people. It now employs 73 people all removing belongings from foreclosed houses. There is a huge demand for this type of business.

When a homeowner stops making payments on his home, the lien holder, either a bank or a national company, will usually want to know if the property is still occupied or not. To avoid any liability issues the bank will assign the property to a realtor to clear and secure the property as quickly as possible.

Getting started in the foreclosed home cleaning business requires some research, getting educated on what is required to complete the job and insurance. Because many mortgages were sold in bundles many of the foreclosed homes are owned by banks all across the country.

According to Realty Trac, in 2010, California had 275,230 foreclosures in April, and 242,233 in May. Michigan had 132,906 in April, 83,079 in May. Florida had 171,972 in April, 161,211 in May. Georgia had 141,899 in April , 121,380 in May. Texas had 129,625 in April, 89,420 in May.

These are the five states with the highest foreclosure rates thus far which make for a very large opportunity base for anyone considering getting into the foreclosure cleanup business.

More than 24 million Americans are currently out of work, many of those have given up looking for jobs. One out of eight Americans is on food stamps and most families are forced to be very frugal with their money.

The foreclosure cleaning business is ideal for anyone that is not afraid to work, wants to set their own hours and take charge of their own lives. It is not impossible to make up to $60,000 a year just working part-time.

With such a large number of foreclosures in every state, it is easy to see how little competition there will be for anyone doing this. People that are doing this now have to turn down assignments because there are too many for them to do.

With the high unemployment rate, who could think of turning down a job? Want to be in the enviable position of having too much work? The foreclosure rate will continue to climb into 2011 and beyond. The question is, will you be one of the fortunate few who takes advantage of this opportunity?

by: Rudy Cardenas

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