Trash-out

Foreclosure trash outs are part of the property-preservation process.
When a homeowner’s mortgage default leads to foreclosure, the investor that repossesses the home — the bank that issued the loan or the government or government-related entity that insured or guaranteed it, such as the Department of Housing and Urban Development (HUD) or Fannie Mae — must clean debris and possessions out the home, perhaps do repairs, and secure the property so it can be listed for sale.