In the years immediately following the Great Recession of 2008, U.S. residential foreclosures soared, reaching an all-time high in the fourth quarter of 2010. This created various business ...
When John Baker opened Rainbow Group Property Preservation just four years ago, he figured cleaning foreclosed homes would be a nice little part-time job for retirement. At the same time, real estate ...
— -- Joe Cino used to buy and sell real estate. Two years ago, while he was looking for foreclosed properties, he came across an advertisement for foreclosure cleaning businesses. He decided the ...
FALLS CHURCH, Va. -- Some ex-owners of foreclosed homes are leaving those homes a mess. Companies that specialize in cleaning up those properties are getting more business as a result. NVMS in ...
Foreclosed home are usually sold "as-is," meaning the foreclosing institution won't make major repairs. What they will do is hire a contractor to clean the house and make it presentable, and that ...
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The companies that thrived during the foreclosure crisis are entering an identity crisis. Nationstar Mortgage Holdings Inc., which made its name servicing delinquent loans, this summer plans to rename ...