Tired of worrying about What Happens When a House Sits Vacant? Call (202) 826-8179 or You may fill out the form below to get a quick fair cash offer on the property and a fast response.
What Happens When a House Sits Vacant
Want to Stop Worrying About What Happens When a House Sits Vacant? We Buy Houses for Cash Nationwide!
We Buy Houses Nationwide USA In ANY Condition, Price, Or Location: Get A Cash Offer Within 24 Hours.
In a situation where you need to sell your house quickly? People are sometimes forced to sell their homes for a multitude of reasons. We are real estate developers that buy properties nationwide. Whether it is a house, land property, commercial property, industrial, or agricultural, we will make a fair cash offer. We provide an easy process on how to stop worrying about what happens when a house sits vacant. Here are some common situations of properties we purchase:
Condemned House If you have a house that needs major repair. We buy abandoned houses as is.
Behind on Payments If you are behind on one or more of your mortgage payments, leaving the balance you owe bigger each month.
Facing Foreclosure Foreclosure proceedings have begun and you need to sell your house quickly.
Relocation Moving out of state or out of the country unexpectedly.
Retiring Maybe looking to liquidate property for cash to use during retirement.
Tax Liens A lien in which the government may seize property if you owe delinquent property taxes and the tax payer fails to pay the owed back taxes.
Probate A home which is part of an estate where someone has passed away and left a property behind.
Vacant House A property empty without residents or living purposes.
Divorce Dissolution of a marriage where both parties may agree to sell the home to settle or it may be awarded to one party.
Expired Listing Property sat on the market for months without a buyer.
Inheritance Receiving property upon the death of someone else, which may include land property, houses or money.
Denied Loan Modification Denial of a modification of your loan terms that would have allowed adhering to new loan terms outside of the original contract.
Can’t Afford Repairs House needs extensive repair and you can no longer afford to keep up the maintenance for the home.
Bad Tenants Someone who does not respect your home or property, follow lease guidelines or pay their rent in a timely manner.
Bad Realtor A bad realtor may only being trying to make a sale and not providing you with the service you need in your situation.
Bad Neighborhood A neighborhood in which you feel uncomfortable for reasons such as high crime rate, poor school and distasteful landscape or upkeep.
Bankruptcy Legal status of a person or entity that can not pay fully or in any amount the debts they owe.
Job Loss Lost current employment and can no longer afford the home you are residing in.
Looking for a fair cash offer? We pay cash for houses and land property nationwide in the United States. What happens when a house sits vacant? Sell fast in all 50 States across the United States and Washington D.C. We are ready to take your call, evaluate your property, and make a fair cash offer within 24 hours or less.
What Types Of Property Can We Buy Quickly?
We will buy your property for cash and make the process easy!
Are you trying to figure out, “How to stop worrying about what happens when a house sits vacant?“ — we are hassle-free and buy property nationwide USA.
We buy houses in any condition or location in the United States.
We will get you a cash offer within 24 hours.
Questions? Check out our What Happens When a House Sits Vacant Blog here.
Avoid the hassle of listing your house or land and waiting months for it to sell.
What Happens When a House Sits Vacant, How Can I Sell My House?
It’s Actually Really Simple and Straightforward…
You’re on this website because you need to sell a property, and you’d rather sell it sooner than later right?
Submit your info on the form on this page or give us a call at (202) 826-8179 and let us know a bit about the property.
We’ll look at your situation and quickly evaluate the property
We’ll make you a fair all-cash offer
We close at a reputable closing agent or title company, and you’ll have cash in your hands the day of closing.
Selling a Vacant House Quickly
Are you thinking of selling a vacant house fast? There are many considerations when selling a vacant house that are different than selling an owner occupied house:
Why would someone leave a house vacant?
What dangers can I face owing a vacant home?
What are the most common mistakes when selling a house that is vacant?
How can I sell a vacant house quickly?
Why Would a House Become Vacant?
There are many reasons why a house may become vacant while an owner is trying to sell. In these situations, it is important to sell a house fast, but many circumstances can prevent selling a vacant house traditionally on the market with a real estate agent. Many lenders would like for the house in pristine condition, in order to secure financing for their borrowers. Some examples of vacant properties include:
The seller has already moved. Buying a house and selling a house at the same time is difficult to time perfectly, which is why many home sellers move prior to their old house being sold.
New construction. Any newly built house will have time on the market without an owner or resident.
A rental property became vacant. When a tenant is evicted or moves out, landlords often experience brief vacancies between tenants, even if the time between contracts is seamless. Most times, the investment property needs minor repairs and conditioning done between tenants, lengthening the time the property vacant. If the landlord lives out of state, it is also difficult to keep up with the maintenance on the property.
Dangers With Owing a Vacant House
Selling a house fast during these situations is critical because of the liabilities and dangers involved in leaving a house vacant too long. Dangers of a vacant house can include things such as:
Vandalism and Theft – Vacant properties attract trespassers, criminals and other thieves without proper security measure in place. Without proper supervision, the houses can become easy targets, and damages range from broken appliances to vandalism to stolen copper, and even to structural damage.
Trespassing or Squatters – Trespassing is one thing, but squatters can be a whole other story! You can read about squatting below, but trespassers and squatters are quite different. Vacant houses are very susceptible to homeless people seeking easy shelter, and may cause severe damage over time. The longer a squatter resides in the property the greater the chance of damage or future legal problems such as the squatter gaining legal rights to the property.
Weather – Even after short periods of vacancy, vacant properties are susceptible to weather. Make sure to keep utilities on and manage the thermostat, and make sure there are no items left outside the house that could cause damage with strong winds.
Neglecting regular maintenance – The day to day activities that happen in a house, most homeowners tend to little things, promptly before they escalate. Without someone in the house to catch these things, those problems can build up quickly with no one to detect the issue, which can cause many larger issues over time.
Water or fire damage – One of the most common issues due to neglect includes water damage. Mold becomes a major problem when homeowners do not tend to small leaks or air conditioning unit malfunctions. Moisture can build up in the house and quickly leave the property mold infested.
Mistakes When Selling a Vacant House
To decrease your liability, selling a vacant house as quickly as possible. Here are the top mistakes to avoid:
#1: Forgetting Repairs
Whether or not you plan to repair the house before you sell, make sure to get repair estimates or have an idea of how much in repairs the property would need. If you plan on selling the house, this will give you a realistic idea in negotiating the sales price since you know exactly how much the repairs will cost, or how much you paid for them.
#3: Cutting the Utilities Off
One of the common mistakes sellers make is leaving the utilities off. Not only will keeping the utilities on help prevent weather damage, but if they are left off, if you are selling traditionally on the real estate market it gives potential buyers the impression that the house needs more repairs than it actually does. Keeping utilities on will also make it more comfortable for anyone viewing the house at a showing.
#4: Not Disclosing Repairs Needed
If you do not complete all the repairs, make sure you disclose all the repairs needed. You could be found liable for problems you did not disclose, or you may contact us if you would rather sell your house as is.
#5: Forgetting to Stage the House
Vacant houses sell more slowly than occupied houses on the open market because many potential buyers feel the need to see the house as a home, and if it is empty it is just a shell. Keeping enough furniture and decorations to make the house looked as lived in as possible helps tremendously when potential buyers view the house. Also, having the home staged gives buyers points of reference. To them, empty rooms look smaller, and buyers need help seeing how each space can be used in each room. Lastly, making sure the house doesn’t look vacant helps protect it from intruders and trespassers.
#6: Neglecting to Secure the House
Vacant houses can become a target, especially in dangerous neighborhoods. Make sure to secure the house in order to prevent damage from weather, squatters, trespassers, criminals and other vandals.
What is the Fastest Way I Can Sell My Vacant House?
The fastest way to sell a house as is, especially a vacant house in which no one currently resides, is to sell to a we buy houses company such as Owe Back Taxes Property. Real estate home investors such as us have experience buying and selling houses that are not in perfect condition, so even if the house has experienced damage from weather or criminals, we will still buy your house as is. We offer fast fair cash offers for people who need to sell their houses quickly, so call us today at (202) 826-8179 to see how we can help or fill out the form on this page.