Article : Foreclosed Homes Get Yard Care

Foreclosed Homes Get Yard Care

Fannie Mae spends tens of millions of dollars a year just on landscape maintenance for the more than 150,000 foreclosed properties on its books. Landscape maintenance companies are finding steady working mowing Fannie Mae-owned foreclosed homes every two weeks or so to keep up the curb appeal.

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Fannie Mae officials won't say how many lawns it's paying to maintain, but if only half of the homes have lawns, a conservative estimate, that's still more than 75,000 lawns. That's a lot of work opportunity for landscape maintenance professionals.

To apply to become a Fannie Mae maintenance contractor go to: Got to About Us. Corporate Procurement. Following registration instructions.

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June 30, 2016, 10:29 pm EST

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