Although foreclosed homes are affordable, they are often in need of extensive repairs and renovation. As a result, the overabundance of these homes for sale has generated a new potential market for HVAC contractors.
Because of the amount of people buying foreclosed homes, HVAC contractors are presented with a great opportunity to sell replacement equipment, replacement ductwork, and maintenance contracts. The power to foreclosed homes is typically turned off, leaving the homes susceptible to uncontrolled leaks, burst pipes, mold, and broken or stolen sump pumps, dehumidifiers, and condensers. Because home inspectors can usually only perform a visual inspection, real estate agents are turning to HVAC contractors for input.