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Selling a Vacant Home for Cash

Selling a Vacant Home for Cash

 

Selling a vacant house is a lot different from selling one that is already occupied. In fact, if you have a house that is vacant and want to sell it, you need to consider some things first. You must make sure that you are aware of the challenges especially if you are looking to sell it fast. So are the things that you need to take note of and what needs to be done? Here’s what you need to know.

 

Reasons Why a House Becomes Vacant

 

There are a number of reasons as to why a house becomes vacant. Some houses could be vacant for days, months and even years but the most important thing to do is to find the best tenant for the property. If you are a homeowner who needs to sell a vacant house, you must understand that the longer the house sits vacant, the more problems you could face. As time rolls, vacant homes can experience wear and tear due to natural calamities and even vandals so it is best to sell it as soon as you possibly can. 

 

But what makes a house vacant? Here are some of the most common reasons why:

 

  • The owner has purchased a new home and has relocated – this is perhaps one of the most common reasons why a house becomes vacant. Owners have bought a new home and moved out of the area or they have another property that they want to live in thus the current house remains vacant.
  • Rental homes and tenants have been evicted – sellers who have a rental property and wish to sell it after the tenants have lefts is another good reason for a house to be vacant. 
  • It’s a newly constructed property – new houses are usually empty to begin with and selling it is a good idea.
  • The homeowner has passed away – either the house is an inherited one or going through probate, a house whose owner have passed away is often empty or vacant and therefore must be sold. 

2 Problems of Having a Vacant House

A house that has been sitting vacant for a couple of months can pose a tantamount of problems to the homeowner. And if the house stays vacant for a longer time, these problems can exacerbate in the long run and the homeowner may have a bad time fixing it. Here are a few problems that a vacant house encounters:

 

  • It’s a haven for criminals – one of the most common problems that a homeowner might experience is that their vacant house can be used as a hub for illegal activities. An empty house will often attract vandals and homeless people who will take advantage of the property given that it’s already empty. Junkies who are looking for a place to score can also use a vacant house to get high or even do drug dealings. This could be a big problem for the homeowner. Not only will the value of your house decreases but you will also need to redo everything in case items are broken or vandalized. It is basically waste of time and a lot of money on your part too. 
  • Requires more maintenance and repairs – a house that has been empty for some time is exposed to many issues. One of which is keeping up with the maintenance and repairs. Broken things can add up and will cost the homeowner a lot of money. It is also exposed to fires, water damages, molds and natural disasters. Keep in mind that a small leakage of water can lead to broken pipes, faucets and a whole lot of mess that could cause you thousands if not repaired right away. Growth of molds can also lead to a condemned house which is why it is important to make sure that your vacant house is in good shape before selling it.

Helpful Tips for Selling a Vacant House Quick

A vacant house once placed in the real estate market usually look alike but with a few tricks, you can easily sell your house faster than the rest. Here’s what you need to do:

 

Stage your vacant house – while this may sound too much work, it’s not. Yes, staging a house can be expensive but it could attract more buyers and you can increase your selling price. Keep in mind that you want to make the buyer picture themselves living in your house, so you might as well as decors that define each space in the house. Make your vacant house look like a potential house to live in and not just a vacant building.

 

High quality pictures are a must – adding pictures to your listing is a good idea but don’t just post any picture. Take pictures of your home in high quality; if you have a good camera to use great but if you don’t have the skills to take quality and inviting pictures then hire a pro. Professional photographers will not only help get good photos but can also help stage your house as to which angle looks great for people to see. Now that is a win!

 

Leave the utilities running – utilities that are kept on will keep the house up and running. Make sure to have running electricity and water in the house t as this prevents you further repairs in the future. Preparing your vacant house for winter or any other season is also important. Just because it’s empty doesn’t mean that you have to neglect it. Keep in mind that a house with no water or electricity will have lower offers than others. So make sure that your vacant house has it if you wish to sell your house faster. 

 

Keep it secured – as I have mentioned earlier, a vacant house is a hub for many outsiders. You don’t want your vacant home to be vandalized or destroyed, right? So what you need to do is to make sure that the house is secured. Keep the doors and windows locked, closed and with proper padlocks. The last thing you want to happen is to find out that squatters are living in your property or it has been defaced by people who had nothing else to do. This could not only destroy your property but also decreases your house value and could even be a legal problem in the future.

 

Repairs and fixes – make sure to repair any broken things in your home. It could be a faucet, sink, doors, windows etc. This could potentially add value to your home and if there are any major repairs, you need to disclose them to any potential buyer. Transparency is always a good thing. 

 

How to Sell Your Vacant House

 

Selling a vacant home is very possible. Of course, you have to know how to do this and if this is your first time to do so, you need help to do that.

 

  1. A real estate agent is the best person to talk to when it comes to selling a vacant house especially if you need cash. Agents can give you a good idea as to how much your house will sell in the open market by comparing it to other house listings. They can also help you with the find the right buyer, fill you in with the process as well as do the negotiations on your behalf. The only thing you might not like is that this could take time depending on the condition of your house and where it is located. You must also pay your real estate agent and the buyer’s agent which is usually around 6% of the sale. 
  2. If you don’t have plans of getting a real estate agent, you can also sell it on your own or as For Sale By Owner. The only downside to this is that you will the one responsible for all the processing, paperwork and negotiations. You must also schedule the showing of your house and tour visitors on your own. This might sound like a huge task but at least you don’t need to pay real estate agents too much.
  3. You can also sell to an investor or companies that buy houses. This is by far a quick process when it comes to selling your home since it can only take a few weeks. However, the downside to this is that these companies will not pay full market value for the house and they will only buy a vacant house if they know that they can profit from it. On the other hand if you are in need of cash, this is the quickest way to go. 

 

Selling a vacant home is not a problem as it can be done easily. The only thing you need to decide on is whether to move on with the sale or not and once you have decided, everything else will follow. 

Tammy Hetrick
Tammy Hetrick
23:39 12 Sep 22
Friendly service. Great chips and salsa. We came for the margaritas. We've been here a few times for dinner and always enjoy the food.
David Stanley
David Stanley
23:05 12 Sep 22
Spam company, keeps calling and texting to buy a home that I don't own & won't stop
Mike Straub
Mike Straub
23:33 29 Aug 22
Kip came over & offered to steal my beautiful home for a terribly low price, then made an appointment to come back with his partner a few days later, but didn't show up or even call to let us know he wasn't coming
Tyler Smith
Tyler Smith
22:19 04 Jul 22
An amazing team to do business with! Highly recommend!
Tiare Johnson
Tiare Johnson
15:50 08 Jun 22
I didn’t have to worry about a real estate agent, closing costs, & a lot of things that you have to take care of when you sell a house in a traditional way. I like the fact that it was fast, easy, & everything went great! Jamie is fantastic to work with!
Christopher Jenks
Christopher Jenks
19:38 31 May 22
Very communicative and trustworthy group of professionals. The selling process was transparent and fast. Definitely worth considering...
Karen Wheeler
Karen Wheeler
18:31 22 May 22
Great team to deal with
Kailey Bowman
Kailey Bowman
07:08 22 May 22
Mo F
Mo F
23:51 20 May 22
We had an awesome experience!! Jamie Kirk is amazing and made our experience great!!
Jcbbowman1987
Jcbbowman1987
18:42 20 May 22
The best in the business!
peter maiers
peter maiers
04:13 20 May 22
Easy fast and I trusted them ever step of the way !! great team of people all interested in doing everything correctlyPeter B
Connie Bowman
Connie Bowman
02:38 20 May 22
Fantastic Company!
Britne Salsbury
Britne Salsbury
02:34 20 May 22
Casey and his team and are amazing! They are organized and have great follow up. A really great group of people to work with!
Denise Klein
Denise Klein
01:43 20 May 22
Casey Ryan is an incredible professional when it comes to the needs of sellers that need to sell their homes off market. As a real estate agent I always recommend Casey to anyone looking to work with an off market buyer. He is honest, trustworthy & always looking for win-win solutions for everyone involved! The real estate market is better because of Casey & his company, We Buy Any House
jose moran
jose moran
22:43 19 May 22
Chandler Gentry
Chandler Gentry
21:56 19 May 22
This team is so amazing! Makes everything so easy and super reliable!
Amanda Jones
Amanda Jones
21:30 19 May 22
Alex Moses
Alex Moses
20:09 19 May 22
Best company to work with in the real estate game. ABSOLUTELY BEST CUSTOMER SERVICE IVE EXPERIENCED!!
Kyle Mellies
Kyle Mellies
20:06 19 May 22
Donald Gibson
Donald Gibson
19:41 19 May 22
Great communication and pleasant to work with! Everything went smoothly!
Josh Wathen
Josh Wathen
19:40 19 May 22
The team at We Buy Any Vegas House are extremely thorough and very kind. They go above and beyond to help you through the process. I would highly recommend.
Devin Flynn
Devin Flynn
19:34 19 May 22
Jamie was an absolute rockstar for us! She went above and beyond all our expectations, do not hesitate to go with them!
Blake Friedman
Blake Friedman
18:26 19 May 22
Casey Ryan and his team from We Buy Any Vegas House are the best in the game! Highly recommend!
Andrew Brannick
Andrew Brannick
18:12 19 May 22
Worked with Ryan on the sale of my Vegas property, I thought it was going to be a little difficult being out of town in Arizona. Ryan walked me through the process of selling and was able to get me an offer that was higher than I was expecting. He handled everything for me and made the process easy and really quick which was what exactly what I was looking for! Would 100% recommend for anyone looking to sell their house
Jared Vidales
Jared Vidales
17:50 19 May 22
Great service, great pricing. Sold my mothers house to them, and they handled it with care.
Kathy Hallett
Kathy Hallett
17:49 19 May 22
Jamie immediately helped me feel comfortable and the whole process was quick and hassle free! 5 stars
Melani Kirk
Melani Kirk
17:33 19 May 22
Jake Groves
Jake Groves
16:29 19 May 22
Local to Vegas and they are the best. I spoke to every cash home buyer in Vegas. Most of them just low-balled me over the phone. Ryan met me at the property and made an offer, which turned out to be the highest. He also agreed to close with the difficult hoarding tenant still there. Jamie supported me through the escrow process, she was very responsive to any questions I had and kept me informed during the closing. Less than a 30-day escrow. I spoke to a few of the team members over two months as I was getting other offers and all of them were easy to talk to and patient. They have a great team and make sure you include them in your decision-making.Thanks againJG
Joe Skaggs
Joe Skaggs
16:14 02 May 22
S Holt
S Holt
19:49 27 Apr 22
The first person I met was Allen. He immediately made me feel comfortable and confident in dealing with this company. I'm chronically ill. Allen is the only real estate person I'd let in my home.Throughout the process I ended up dealing with the whole team. Jamie deserves a medal for the hurdles she can overcome. Ryan is great at fixing problems and handling the big stuff, with a whole lot of support from Jamie. Allen was always available for me and checking in. He is great at answering questions in a way you understand and I always felt comfortable talking to him.Here is the actual email I sent the team today: "Hi everybody. Just wanted to thank you all again. I'm already able to do so much more for myself, I feel like a new person. I love my cute little house. I love the cold. It even snowed my 3rd day here. Because I'm able to move around, go outside, see people, clean the house, run errands, etc I'm starting to walk much better and even breathe better. And I haven't even seen a doctor yet. I don't feel like I'm a prisoner in my house anymore. Just wanted to let you know how much of a difference you make."My sale hit a few snags. But I'm the end, everything worked out just as they promised, for the amount they promised. These are great people to trust. (PS… Don't worry if they use O.D. I thought it was a scam of some kind. It wasn't. I just didn't understand).
Anabel Alvarez
Anabel Alvarez
17:05 12 Oct 21
Thank you WBAVH! Charles and Ryan were professional, personable, and patient with our needs and requests. The process was a breeze and they answered all of our questions in detail. They made us feel comfortable and part of their family. Will be recommending to everyone I know!
Steven Kaplan
Steven Kaplan
07:40 18 Aug 21
jerry gallegos
jerry gallegos
16:18 09 Aug 21
Very nice and helpful, responded to any questions very quick. I will do business with them again when I buy my next house.
Christopher Kampshoff
Christopher Kampshoff
00:30 07 Aug 21
Thank you so much guys, my brother was in a tight spot I appreciate you coming through. He's in a much better situation now. Again thank you.
Kelly Brown
Kelly Brown
18:48 27 Jul 21
I attempted to work with Allen, from this company. He seemed very nice and I was curious about what their company would give me for my home, if there were no realtors commissions involved. He said he needed to see the house. He came over and took a bunch of pictures and said he would talk to his partner Ryan, (the numbers guy), and get back with me in a half an hour. I didn’t hear from him that day. The next day I received a text from him, saying he would contact me on Monday. On Monday, he texted to see if I could talk at 12:00? I said, yes, he never called. Tuesday I receive a call from a random realtor telling me that Allen’s company has referred me to him. I call Allen, of course, to ask him what the heck is going on and he says yes, I work with this realtor, but I didn’t give him your information, he pouched it from our website!! I then say, so are you going to work with me and I find out, exactly what I already knew, they couldn’t offer enough money for my house, so they are not going to make an offer, HUGE SURPRISE!! #1, if you want your personal information safe, do not work with this company and #2, if you want a good offer on your home, don’t work with this company. I bought my home 3 years ago, it’s in great condition, in a great zip code and the market is through the roof!! If you can’t buy a house and get close to what someone needs financially right now, I don’t know when you can! Pick another company besides this one!! There are many!! Stay far away from this particular WE BUY HOUSES FOR CASH!!! You have been warned!!!
Carolyn Gobel
Carolyn Gobel
18:16 22 Jul 21
This company helped keep us from foreclosure. Thank you!
Carlos Caballero
Carlos Caballero
19:15 23 Jun 21
Thank you guys for your help with my Grandmas home. It was in rough shape and she left so much stuff. We couldn’t have taken on cleaning it out and the project.
jesse phalin
jesse phalin
01:29 18 May 21
Thank you, Thank you, Thank you! Went above and beyond assisting me through this process. Helped me move my things and even let me leave what I wasn’t taking with me. Thanks for all of the hard work.
Kelly Stewart
Kelly Stewart
21:27 08 May 21
My husband handled the process but felt good dealing with this local company and they did not try to change price after seeing the house. They actually offered higher once they saw our home. Had 5 companies come our to give us bids and they all were bait and switch. They beat everyone’s offers too. We tried to list before and couldn’t sell. I don’t know why anyone would work with head aches of real estate agents and paying commissions, banks, inspectors and the time to close only to walk away with the same money. Thank you Ryan and Jamie.
degan Stewart
degan Stewart
21:23 08 May 21
Thank you guys so much. Jamie is so sweet and on it. Ryan Is one of the most genuine people I’ve met in Vegas. They did what they said they’d do when they said they would and kept us in the loop the whole time
Brian Higgins
Brian Higgins
22:00 04 May 21
Thank you guys so much for everything. Ryan and Jamie Helped me find a place to get out of our old place. It was so nice to have the moving company just handle everything for me.
Sheila Winn
Sheila Winn
19:05 09 Apr 21
I struggled with the idea of selling my house to a "flipper". This company was fair, professional and extremely helpful every step of the way. I never had to wait for a response from Kelly Schnippel when I had a question or concern.I personally would recommend them to anyone looking to get a fair price for their property all the while getting kindness, professionalism and assistance from the buyer.Thank you Kelly Schnippel! I appreciate YOU and your team!Sheila Winn
Valerie Grijalva
Valerie Grijalva
17:30 27 Feb 21
Casey and his team will handle your transaction with the upmost professionalism and class like no other. Their knowledge in real estate will exceed your expectations and you won't be disappointed from beginning to end with their communication and systems to ensure your goals are met. I highly recommend Casey and his team!
Ann Reback
Ann Reback
18:51 25 Feb 21
Thank you for your professional and personal help in this process. You and your team have been so knowledgeable, responsive, courteous and kind...understanding my goals and executing each step in a timely and professional manner! THANK YOU! I will recommend you and your team to friends and others in our community.
Aviv Ben Shimon
Aviv Ben Shimon
16:38 25 Feb 21
Jess Lapensee
Jess Lapensee
16:31 25 Feb 21
From start to finish the selling process was quick and easy!
Eyal Karban
Eyal Karban
16:22 25 Feb 21
The best team in the business!Really helped us to cash out our home, very fast, very professional, great price, thank you!
Lynne M
Lynne M
04:52 24 Jun 20
I have nothing but positive things to say about this company! I needed to sell a house quickly after a death in my family. I spoke with several Cash for Houses Companies in Las Vegas and settled on We Buy Any Vegas House. Everyone was very sensitive about my situation, helpful, answered all my questions and extremely responsive when I called. Ryan and Kelly were awesome!After we settled on a price everything went super smoothly in escrow and again if I had any concerns or questions there was immediate feedback. Also the fact that I was able to do this remotely as I live in California was extremely helpful! I am so grateful for all the help I received during a very challenging time in my life.
Freddy Aleman
Freddy Aleman
18:47 27 Dec 19
My wife and I recently bought a home from Casey Ryan. The home we purchased is located in Centennial Hills. Gorgeous remodel. Casey and his team did a great job of designing the home. We ran into a couple of issues shortly after moving in. Casey had his people out quickly during Christmas week to make a couple of repairs. He gave my wife and I peace of mind during a chaotic holiday week and for that we will always appreciate him. I would recommend a Casey Ryan home to my friends and relatives.
Angela Rienstra
Angela Rienstra
21:06 26 Dec 19
I needed to sell my house from out of state ASAP. I looked into some other larger name companies and was disappointed with their turn-around time and lack of customer service. I'm so grateful to have found Ryan (and Kelly)! They understood my time crunch and moved heaven and earth to buy my house at a fair price and closed by the promised date. They were with me every step of the way and offered world class service! 100% would recommend to anyone!
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