Following are some things that should be done to a home during the winterization process. Another equally important component is dealing with the heating and cooling system. A lot of this has to do with preventing water from entering a home and pipes from bursting. And, it can be quite lucrative because it is one of those services that banks don’t hesitate to pay for, unlike some other services.īasically, winterization is protecting a home while it is unoccupied for long periods of times. If you’re a foreclosure clean up company, winterization is an easy service to offer. In the long run, it costs them less money.

This is why lenders pay plumbing companies, property preservation companies, real estate services enterprises and/or foreclosure cleanup companies to winterize properties. Now imagine this sitting for weeks or months with no one being aware of it. And, what follows floods and/or water damage? Mold. When a home sits vacant, especially during the winter season, pipes can burst causing water to flood.Įven if the water is turned off, the water that sits in the pipes can cause floods or damaging leaks. When a home is foreclosed on, it can sit vacant for months – even over a year in this economy. Why Banks Like for Foreclosed Homes to be Winterized This is especially true right now.Īccording to the October 2008 KAALTV article, “Winterizing Foreclosed Homes,” in Austin, MN a local plumbing company winterized more than 100 homes, and expected things to get busier as foreclosures continue to escalate. 9, 2009 - PRLog - If you’re a property preservation, real estate services, plumbing or foreclosure cleanup company, winterization is a hot service to offer to banks and other lenders who have foreclosed homes.

Cleaning services for foreclosed homes