Foreclosure Cleanout Service vs Dumpster RentalSo, let’s look at the differences between bringing in a foreclosure cleanout service and renting a disposal container. We’ll begin with the basics. First, are you sure about what size dumpster is needed to hold all that stuff? If you’re wrong, you’ll pay more either way. If it’s too small, you’ll need to rent it a second time. Too large, and you’ve effectively wasted money on wasted, unused space.
When banks or other lenders offer mortgage loans, they see them as an investment, because they will earn money from the interest on the loan. If homeowners do not repay their mortgages, banks lose money. To salvage their investment, banks foreclose on homes with unpaid mortgages and sell the properties at foreclosure auctions. If a home doesn’t sell at auction, it becomes a real estate owned property, or REO property. —Realtor.comThen, there’s the matter of what you’re throwing out. You see, dumpster rental companies disallow certain items. For instance, hazardous materials, recyclables, and more. Which means you can’t put anything and everything into the container. That can present a huge problem.
Biggest Pacheco Foreclosure Cleanout Service BenefitsThose are some really big reasons to avoid a dumpster rental. However, it doesn’t quite explain why the alternative option is better. Here’s a few good reasons to hire a foreclosure cleanout service when it’s needed:
- Quick cleanup. If you bring in a foreclosure cleanout service, you’ll have a whole team, which is a lot of manpower to put on it. That means the job will get done at a faster pace than going DIY. It also means you don’t have to do the hard, messy work. It’s a way to speed up the rehabilitation process to get it ready for the market quickly.
- Avoid unpleasantries. Foreclosures are generally plagued with all sorts of litter — like old appliances, worn out furniture, and much more. These are also usually home to pest infestations and other unpleasant surprises.
- Recyclables are sorted. When you leave it to a foreclosure cleanout service, you don’t have to worry about separating out recyclable materials. Which is just one less thing to worry about.
- It’s a far more efficient way to go. Lastly, it’s just more efficient. After all, there’s a well-equipped, experienced crew to take care of it all. That’s a lot better than trying to tackle it as a DIY project.