Property preservation is the process of rehabilitating a damaged, abandoned, foreclosed property to get it back into marketable condition. It thus involves safeguarding, protecting, and doing necessary repairs to get it back in good condition. The rise of the real estate owned properties combined with a struggling economy has created a surplus of vacant and abandoned houses. These houses are left in poor unmaintained and even unmarketable conditions. The rise of these decaying houses has led to the growth of property preservation services.
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