Know anyone who cleans out foreclosures for banks?

Ive been thinkin about a possible money makin opportunity of cleanin out foreclosures for banks. Does anyone know someone who does this? Curious about what banks expect, and usually pay for these services? Excuse my non workin "g" key.

One of the first things they look for is a working "g".

I used to do it in high school, though it was through a real estate agent and not through the bank. They rolled my bill up into the contract somehow. I'd start there.

Judging from the ones that I've toured in this area, nobody is touching them after the owner leaves. The banks don't want to spend a dime on them. They just sit and deteriorate until the bank lets them go to an investor at firesale prices.

I just watched this today:

http://www.calculatedriskblog.com/2009/02/kcet-trashout-squad.html

I was trying to think of a way to salvage some of the stuff, but as the reporter says, there's just no time. These crews can clear a whole house in 4 hours. The investment is going to come in a truck/trailer or having a dumpster delivered. After that it's just paying your brother-in-law or deadbeat uncle (you know the one) to help you clear out the house. Tell them they can keep whatever they find.

Not sure what a service charges, but now would be the time to get in if at all. If you have the truck and trailer already, all you need next is muscle and possibly some waste disposal permits for the nasty stuff.

Find a realtor in your area that specializes in what's known as BPO appraisals (it stands for Bank Price Opinion, or something like that). My brother is a realtor, and has carved a niche doing this sort of thing. What happens is the bank ends up with "bad paper", but has no idea of what the property actually looks like, or what shape it's in. They contract with a local realtor to go and scope out the property and report back to them with their estimation of what it will take to get the property back in sellable shape, and how much it might go for on the local market. It is often left to the local realtor to contract for the clean-out and repairs, although some banks hire services themselves to do it. Where I come into this equation is that I'm a retired locksmith, and many times there will not be keys to the foreclosed house, so my brother hires me to open the lock and set it to a specified key. This means I'm the first one in the house since it's abandonment, and lemme tell ya, people leave some amazing stuff when they move out in a hurry. I tend to scavenge a good bit of this stuff, and as a result, my home/shop/barn is brimming with second-hand junk. My bro then hires another team to come in and haul off the trash, etc. It's fairly hard work, sometimes kinda nasty, and the price is usually set at a certain level regardless of the content or condition. In other words, you might not make much profit on a very trashy house, but you make it up on the ones that are relatively clean to start with. I've been doing this kind of work for my brother for years, and it used to be most of the properties were small delapidated ones, but in the last year, I've noticed we're doing more and more of the nice, big homes.

It will take some digging around on your part to find out who specializes in this sort of thing in your area, but if you can find a good contact and establish a good working relationship with them, you stand to do pretty well. Good luck, and I hope you have a lot of storage space; you are gonna end up bringing some of this stuff home with ya.