The Risks of Holding a Vacant Property

Every day a home sits vacant, costs and risks accumulate:

• Insurance gaps — Standard homeowner's insurance typically excludes coverage after 30–60 days of vacancy. You need a vacant property policy, which costs more.
• Vandalism and theft — Vacant homes are targets for copper theft, squatters, and vandalism.
• Maintenance issues — Without someone monitoring the property, small problems (roof leak, plumbing issue) become large ones.
• Utility costs — You may need to maintain utilities for inspections and to prevent damage.
• HOA violations — Unmaintained landscaping and exterior issues can trigger HOA fines.

Preparing a Vacant Home for Sale

• Secure the property — change locks, secure windows, consider a security system
• Maintain the exterior — mow the lawn, trim hedges, clear the driveway
• Address obvious issues — fix broken windows, leaking faucets, damaged gutters
• Consider minimal staging or virtual staging to help buyers visualize the space
• Keep utilities on for inspections and showings

Why a Cash Sale Is Ideal for Vacant Homes

The longer a vacant home sits on the market, the more it costs you. A cash buyer eliminates the extended marketing period:

• No need to stage or make repairs
• Close in 7–14 days, stopping the cost bleed immediately
• No financing contingency that can delay or kill the deal
• Purchase as-is — the buyer takes on any issues

Vacant Home Insurance

If your home has been vacant for more than 30–60 days, contact your insurance company immediately. Standard policies typically exclude coverage for vacant properties. A vacant property endorsement or separate policy is essential to protect against liability and property damage claims.