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Foreclosures are unfortunate, sometimes tragic, events that can occur to most any homeowner or building owner. While the number of residential foreclosures rarely reach the levels that they did in 2008-2009 housing crisis and financial collapse.
As one source noted at the time,
“A total of 632,573 California properties received a foreclosure filing in 2009, the nation’s largest state foreclosure activity total, an increase of nearly 21% from 2008.”
And, nationwide, there were 2.9 million foreclosure filings across the United States when the numbers peaked in 2010.
Until recently, foreclosures had become relatively few in number, having dropped below historically normal rates for the last five years or so. However, the government’s temporary COVID-19 moratorium on foreclosures has lifted and the number of foreclosed properties is beginning to rise.
States that posted the greatest number of foreclosure starts in the third quarter of 2021, included California with 3,434 foreclosure starts.
What all this means for landlords and property owners is that the need for foreclosure cleanouts is on the rise, as well, even in San Diego.
What is a Foreclosure Cleanout and Who Needs to Get One?
Strictly speaking, foreclosure cleanouts involve the clearing out of all abandoned belongings, junk, debris, and trash from a vacated property. In the residential real estate market, this is often followed by a foreclosure cleanup to prepare foreclosed homes to be resold, especially in markets such as San Diego.
In San Diego, foreclosure cleanup and junk removal are common practices that are, more often than not, the responsibility of the landlord or the property owner.
Unless a vacated, foreclosed property is already completely empty and free of all trash, debris, junk, or other items that should not be in it, then a foreclosure cleanout is needed. If the property is a residential house, this might involve removing old appliances and abandoned furniture, as well as other smaller items.
In larger, commercial buildings, the prior owners may leave behind office furniture, old appliances in break rooms, and even large debris and trash items such as old pallets, scrap metal and other materials, including trash and possibly hazardous wastes.
Essentially, all properties that have been foreclosed on and vacated must be cleaned out prior to being put on the market again.
Different Types of Foreclosure Cleanouts in San Diego
There are essentially two types of San Diego foreclosure cleanouts.
The most common foreclosure cleanout scenario in San Diego is a house that has been vacated by previous owners whose mortgage has gone into default. These, of course, are typically the most stressful for everyone involved since losing a home is usually a highly distressing situation for the homeowners and, often, for the landlord, as well.
These foreclosure cleanouts often precede a thorough foreclosed home cleaning.
The other, less common, type of foreclosure cleanout is one carried out for a commercial property. In California, commercial property foreclosures do not always result in the building being vacated, as in the case of light industrial or office buildings that are leased to tenants.
However, when the property owner is also the tenant, and fails to avoid foreclosure proceedings, then that property is often vacated and left empty as a result. This, of course, usually means that a foreclosure cleanout will be necessary at some point so as to allow the property to be resold or leased.
These distressed properties, as they are also known, are relatively few in number and do not always require foreclosure cleanouts as they are not always vacated.
How to Prepare Your Home for a Foreclosure Cleanout
There are, of course, instances when the homeowner is preparing the home for a foreclosure cleanout. In many other circumstances, it is a real estate professional that is tasked with arranging for a foreclosure cleanout. And then there are situations where a landlord has the responsibility.
Preparing a home for a foreclosure cleanout can require little more than ensuring that all of the previous owner’s belongings are removed.
A commercial property might require a bit more effort in terms of preparation, while the actual foreclosure cleanout work can be carried out by a third party team like those from Junk King San Diego.
There can be a number of other tasks, however, that may also be required when preparing a home or property for the foreclosure process. These can include securing the structure, making a number of repairs, and maintaining the upkeep and landscaping, and so on.
How much do Foreclosure Cleanouts Cost?
The average cost of a foreclosure cleanout in San Diego depends on a number of factors.
These foreclosure cleanout pricing factors include the overall volume of junk, debris, and trash that needs to be removed, where the property is located in San Diego or in the neighboring area, and the type of foreclosure cleaning services the landlord makes use of.
Even a DIY approach on the part of the landlord will often require a dumpster rental and, quite possibly, hiring a small team of laborers to carry out the work. This could end up costing the landlord or property owner anywhere from $500 to $1,000 or more depending on how much debris needs to be cleaned out and how many hours are required.
In addition, in this scenario the landlord typically has to make all the arrangements and follow through in order to ensure the cleanout is completed properly.
On the other hand, a landlord can call on a professional junk removal service that specializes in foreclosure cleanouts, like Junk King San Diego. In this scenario, the cost can not only be more affordable, but the work will be carried out by expert junk haulers, making the entire process far more efficient and cost-effective for the landlord or property owner.
For example, if a typical foreclosure cleanout results in filling a Junk King truck 100% percent full, this would be the equivalent of about six full pickup truck loads.
And the cost for this proposed foreclosure cleanout scenario in, say, Spring Valley, would cost you between $675 to $700.
Everything (Else!) You Need to Know About San Diego Foreclosure Cleanouts
The steps often required before, during, and after a property foreclosure can include far more than just the foreclosure cleanout and cleanup. Depending on the role of the landlord, owner, or bank agent, there can be tasks that must be carried out to ensure the security and cleanliness of the foreclosed property.
Here is a checklist to help guide you through the process and task that may be required.
The unfortunate reality when it comes to foreclosure proceedings is that many foreclosed properties are filled with debris, trash, and abandoned belongings. All of this can be the result of property that the previous occupants failed to remove or haul away.
What is even more unfortunate, especially for the landlord, is that the task of removing these materials often falls on them or, perhaps, a bank or finance company representative that now holds the property.
This is why Junk King really is your best choice for taking care of a foreclosure cleanout.
Junk King is the leading business-to-business junk removal service in North America and our foreclosure cleanout services will reliably and cost-effectively manage that process for you. It’s one big task off your to-do list and it’s a big step toward getting your property ready to sell or rent.
Foreclosure Cleanouts Can Be Easy and Affordable for San Diego Residents
Junk King San Diego serves landlords and property managers throughout the entire San Diego area including Alpine, Bonita, Chula Vista, Dulzura, El Cajon, Jamul, La Mesa, Lakeside, Lemon Grove, City Heights, Allied Gardens, Paradise Hills, Otay, and Spring Valley.
When it comes to foreclosure cleanouts, commercial debris removal, and most other trash and junk disposal services, you can count on Junk King San Diego to be reliable, green, and affordable.
So, give us a call today and tell us about your project and the junk items you need removed from a property. You can rely on Junk King San Diego because we can remove anything and everything, except items that are classified as hazardous waste.
And, even better, we will never surprise you with additional fees, nor any hidden costs or charges.
In fact, you can always get a free estimate from us first online, by text, by calling us, or simply get one from once we arrive on site. We’ll give you a quote in writing that is guaranteed to beat any other written estimate.
When you call Junk King San Diego, you will always get on-time, as promised, foreclosure cleanout service. And you’ll receive junk pickup and removal in San Diego that is both eco-friendly and affordable.
You simply point and we’ll haul your junk items into our large, clean truck for one simple price and no hidden fees.
So, contact us today and tell us about the junk items you need cleared out of your vacant property.
You can make an appointment by booking online or by calling us at 1.888.888.JUNK (5865).
