Foreclosing on a property is never an easy or simple matter. When a homeowner fails to pay their mortgage for a specific amount of time, the lender typically has no other choice than to foreclose in order to make at least a small amount of the loan back. They do this by selling the foreclosed-upon property to someone else. Sometimes the homes go back on the market, but more often, they’re sold at an auction. These foreclosures normally sell for below market value, but there are some things to keep in mind. The sale is typically an all-cash sale, which means you won’t be able to get a mortgage on the property. Another thing to keep in mind is that the property is being sold as-is.

This means two things. First, the previous owners may not have kept the property in good condition. In fact, if they were particularly vindictive, they may have damaged the property when their lender foreclosed on them. Second, there’s a good chance the home is full of junk. If you’ve purchased a foreclosure, you can make it into something great. However, you first have to deal with the junk. That’s where Junk King San Fernando Valley comes in. We can help you get the property cleaned out quickly so you can start transforming it. Here are some tips for dealing with a foreclosure and the junk you may have purchased with it. How Do You Buy these Properties? The first question you may be asking, even before you start to wonder about what to do with junk on the property, is how and where do you purchase one? There are a few different ways. Some websites and newspapers do post when properties will be up for auction. You can look at the Multiple Listing Service, or MLS, to check for foreclosures too.

This is the service that real estate agents use. While access to this service is restricted to agents and brokers, you can partner with one to find foreclosures just like you would when looking to purchase any type of property. In fact, some lenders do go through agents to sell foreclosures because they may be able to get a little more money than they would through an auction. While this does mean you may pay a bit more, it also means you get to avoid a bidding war with other investors. In fact, if you know there are other flippers in San Fernando Valley looking to buy up properties, working with an agent may help you avoid the competition.

What Junk Will Be on the Property?

Foreclosing on a property is never an easy or simple matter. When a homeowner fails to pay their mortgage for a specific amount of time, the lender typically has no other choice than to foreclose in order to make at least a small amount of the loan back. They do this by selling the foreclosed-upon property to someone else. Sometimes the homes go back on the market, but more often, they’re sold at an auction in San Fernando Valley. These foreclosures normally sell for below market value, but there are some things to keep in mind. The sale is typically an all-cash sale, which means you won’t be able to get a mortgage on the property.

Another thing to keep in mind is that the property is being sold as-is. This means two things. First, the previous owners may not have kept the property in good condition. In fact, if they were particularly vindictive, they may have damaged the property when their lender foreclosed on them. Second, there’s a good chance the home is full of junk. If you’ve purchased a foreclosure in San Fernando Valley, you can make it into something great. However, you first have to deal with the junk. That’s where Junk King San Fernando Valley comes in. We can help you get the property cleaned out quickly so you can start transforming it. Here are some tips for dealing with a foreclosure and the junk you may have purchased with it in San Fernando Valley.

How Do You Buy these Properties?

The first question you may be asking, even before you start to wonder about what to do with junk on the property, is how and where do you purchase one in San Fernando Valley? There are a few different ways. Some websites and newspapers do post when properties will be up for auction in San Fernando Valley. You can look at the Multiple Listing Service, or MLS, to check for foreclosures too in San Fernando Valley. This is the service that real estate agents use. While access to this service is restricted to agents and brokers, you can partner with one to find foreclosures just like you would when looking to purchase any type of property in San Fernando Valley.

In fact, some lenders do go through agents to sell foreclosures because they may be able to get a little more money than they would through an auction in San Fernando Valley. While this does mean you may pay a bit more, it also means you get to avoid a bidding war with other investors in San Fernando Valley. In fact, if you know there are other flippers in San Fernando Valley looking to buy up properties, working with an agent may help you avoid the competition in San Fernando Valley. And Junk King San Fernando Valley is here to help you with the junk and debris left behind.

What Junk Will Be on the Property?

When you buy any property sight unseen in San Fernando Valley, you never know what’s going to be in or around the house. Sometimes, you may have a few pictures of the property, but those pictures may not always be current. They may have been pulled from the original property listing or even from a listing prior to that in San Fernando Valley. The auction may only have a photo of the exterior and basic information such as the square footage, the age of the property, and other public information in San Fernando Valley. This means you may not know exactly what state the house is in or what’s on the property until after you’ve bought it and you have the keys in San Fernando Valley. You may find that the house is completely empty.

If so, you’re in luck, because there’s no junk to deal with in San Fernando Valley. On the other hand, you could find that every room is full of stuff and that there’s a lot of trash and junk in the yard, too in San Fernando Valley. Often, the reality is somewhere in between in San Fernando Valley. You might find a few old pieces of furniture and some trash, but it may not be that bad. And if the reality is that there is a lot of trash and junk in the property, Junk King San Fernando Valley can help you get rid of it quickly and efficiently.

Damaged Property

In addition to junk, you may also find that the property was damaged as the previous owners were leaving. They could have done this intentionally just to make things worse. In most cases, though, the previous owners aren’t vindictive, just negligent. The damage, instead, could have been there for years. The previous owners either didn’t have the money to make repairs or didn’t care.

As the new owner, though, it’s now your problem. You may have to spend a good amount of money to replace flooring, plumbing, the roof, and any number of things. Fortunately, if your plan is to flip the home, you likely bought it at such a low price that you can afford to make these repairs and still make a profit. That’s why many flippers do purchase homes at auction or that have been foreclosed upon. The low price makes them very attractive, even if the property is full of junk or needs repairs. And Junk King San Fernando Valley will be here to help you with the junk and debris left behind, making the process of flipping the home more manageable.

Where Do You Start?

Now that you own a foreclosure, where do you start? If the property is empty, you start with an inspection and then begin your rehab. You may be renovating it to live in yourself, or you may be flipping it. Either way, you want to have a professional inspect everything from the basement footers to the attic vents. You don’t know what condition the property is in, but you need to find out before you do anything.

If it’s full of junk, the first thing you want to do is call Junk King. We have cleaned out many homes, and we can do it all. You may have a few pieces of furniture that were left in the garage, or you may have stuff in every single room that needs to go. Our crew can handle it all.

We’ve cleaned out these types of properties before, and we have everything we need to get started on yours. Tell us what you want us to take, and we’ll go to work. And Junk King San Fernando Valley is the right choice for the job.

We Will Provide You with an Estimate Before Every Job

With some jobs, we’re able to do an estimate over the phone or via text. Our online pricing tool can even provide you with basic estimates, too. If you just have a few common appliances or pieces of furniture in the home, we can give you a fairly accurate estimate using one of these three options.

However, with more foreclosures, we’ve found that we need to do an in-person estimate. This is because there’s usually a lot of stuff, and we need to see exactly what we’re dealing with. There may be a lot of heavy or awkwardly sized items that we need to consider. If we’re taking away a broken deck, collapsed shed, or other structures, there’s a lot to consider there, too. In the end, we want to give you a quote that is accurate and contains no additional surprise costs, and that typically means we need to come see the property.

Whenever possible, we bring a truck and full crew when we do one of these estimates. This way, if you approve the quote, we can go to work right away. We know that with flipper projects, you want to get to work as soon as you can. You don’t make any money until you’ve completed the renovations and have sold the home, so you need to get the project going right away. And Junk King San Fernando Valley is the right choice for the job.

Should You Keep Anything?

In many cases, the new owners tell us to clean everything out. They need the house empty before it can be properly inspected and a renovation plan drawn up. Should you always do this? There are a couple of things to consider. First, is the property in good shape? The things that were left may not be worth salvaging, especially if the property has been empty for a while and had structural damage. Anything that has been wet from a broken pipe or leaky roof isn’t going to be worth keeping.

Some foreclosures attract squatters, and they typically don’t leave the property in very good condition. Anything that has been obviously used needs to be thrown away. You don’t know who slept on any mattresses that were left behind, so you don’t know if they had lice or bed bugs. In fact, if the home was empty for too long, there could be plenty of different pests in the house, so it’s often best to get rid of everything.

If you do want to keep a few items, you can. When you purchase a foreclosure, you are purchasing it as-is, and that includes its contents. You may find wardrobes or tables that you can refinish and reuse, which can be a great way to save money. Just let us know what you want us to leave so we know not to add it to the truck. And Junk King San Fernando Valley is here to help you with the job, making the process of cleaning out the property easy and stress-free.

Contact Junk King Irving Today to Get Your Property Cleaned Out

It’s exciting to buy a property and begin renovating it. If you’re going to live in the home, this is your chance to create your dream house. If you’re flipping it, you can make a tidy profit. Either way, you need to get the place cleaned out, and that means calling Junk King. You can contact us
at 1-888-888-JUNK or send us a text to 1-737-888-5865. You can also book online.