Foreclosure Cleaning Contracts - Info on Registering WHUD & Other Government Contracting Agencies

By Yuwanda Black

Finally, the stimulus money allocated for various housing and community improvement projects around the country is starting to flow into communities. This means state and local governments will start allocating contracts for lots of work - and much of it is the kind foreclosure cleanup companies - and other real-estate-related firms can vie for, eg:

Appraisers
Realtors
Brokers
Termite & Pest Control Companies
Building Contractors
Carpenters
Window Repair and Installation Companies
Plumbers
Electricians
Roofing Companies
Drywall Specialists
Locksmiths
Window Installers
Lawn Care Companies
Painting Companies
Junk Haulers
Cleaning Companies
Pressure Washing Companies
Gutter Cleaning Companies

What Is HUD & Why It's a Good Idea to Register with Them for Service Contracts

HUD is the acronym for the Department of Housing and Urban Development. The organization's mission, according to their website is to "increase homeownership, support community development and increase access to affordable housing free from discrimination. To fulfill this mission, HUD will embrace high standards of ethics, management and accountability and forge new partnerships-particularly with faith-based and community organizations-that "leverage resources" and improve HUD's ability to be effective on the community level.

Leveraging resources is in quotation marks because part of this involves allocating funds to state and local jurisdictions for home and community improvement projects; many of which are ideal for foreclosure cleaning and real estate services firms. One HUD contract can literally be with tens of thousands, hundreds of thousands, or millions of dollars. It all depends on what the contract is for.

Sample HUD Contracts Worth Thousands of Dollars

For example, a contract for $500,000 may be awarded to replace heating and cooling units in a low-income housing project; or

A $150,000 contract could be awarded to clean up waste from a defined zone in a community; or
A $85,000 contract may be awarded to board up windows on foreclosed properties in a certain zip code; etc.

Government Contracts Take One Cleaning Business from $225,000 to $10,000,000 in Revenues

Proof of how lucrative government contracts can be for your foreclosure cleaning company?

A simple web search turned up one cleaning company that grew revenues from $225,000 to $10 million in a few years - and 90 percent of it was due to landing cleaning contracts with the government.

Most contracts are awarded via a bidding process. In many cases, you have to be signed up with your local Housing Authority or HUD itself in order to be eligible to bid on contracts. The advantageous thing about registering with HUD and other government contracting agencies is that one contract can literally catapult your foreclosure cleaning or real estate services business to the next level.

May be reprinted with the following, in full: Learn more about how to register your foreclosure cleaning biz with HUD and other government contracting agencies for foreclosure cleaning contracts at ForeclosureBusinessNews.com. You'll also find the latest info on home foreclosures, the timeline for foreclosure in all 50 states, the #1 secret your lender won't tell you that can stop foreclosure -- and more.

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