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Starting in November California banks scheduled over 26,000 homes to be sold in foreclosure auctions. That represents a 63% increase over the amount of foreclosed auctions held in October. There are no signs that this surge is going to diminish in the coming year as California has the dubious honor of ranking among the nation’s largest number of foreclosed properties. Yet even with all that doom and gloom there is some good news to extract. While it is true that those homeowners will have a blemish on their credit history they will also have the opportunity to start fresh and rebuild their financial security. We would all be better off if we live within our means. On the other hand, all of those foreclosed property auctions means that somebody is buying up those properties and intends to make them viable once again.If you’re looking to make this kind of investment into the real estate market then you’ll want to make sure that those foreclosed properties can be turned around and made habitable as quickly as possible. That can happen when you hire a team of experienced foreclosure clean out specialists like Junk King Stockton. As with any type of item sold in an auction you are pretty much buying it “as is.” That means whatever condition the house is in will be the condition you’re buying. If the house needs new painting, plumbing or a water heater then that’s all on you. If you are buying a house in the traditional way from an owner then there could be little wiggle room with regard to the price in terms of getting a discount to make those kinds of repairs. That’s not going to be happening in a foreclosure auction. These houses go to the highest bidder and that’s the end of the deal!
Hopefully, you’ll have an opportunity to tour a foreclosed house just to see what you’ll be getting into. Don’t let amount of garbage or debris that has been left behind dissuade you from your plans to purchase this kind of property. If it’s the home is structurally sound and the plumbing and electrical systems are in good shape then all you really need to do is get that placed cleaned out. Some potential buyers can’t be bothered with that kind of intensive labor because they imagine doing it all by themselves. That would definitely be the wrong way to go!
When you bring in a team of professional foreclosure cleanout specialists like Junk King Stockton they’ll be able to sweep through the house like a cleaning tornado and get rid of anything that might be left behind. They are not going to be disgusted if they find some rotting food in the kitchen cabinets or refrigerator. And they won’t be grossed out by grimy carpets and furniture. To this cleanup crew it all is headed for the same place and that would be the back of their truck! Once your newly purchased home is cleaned out it will be up to you to decide whether you want to flip it or rent it out. Either way you probably got a great bargain!
