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3 Critical Tips For Selling A Vacant Home
Dated: May 11 2022
The move to the new home is complete. Now all that is left to do is tosell the old one. Selling a vacant home, by the way, is a bit differentthan selling one that you live in.Sure, the plusses (you don't have to keep the home clean all the time,no strangers traipsing through) outweigh the minuses. The minuses arewhat we'll concentrate on today, with three quick tips to protectyourself, the home and potential buyers who tour it.
1. Consider Staging the HomeIf you recently house hunted, you know how challenging it is to lookbeyond a homeowners' taste in décor and furnishings to imagine yourown stuff in the home.
It's even more challenging in a vacant home. Whether it's becausemost of us lack the imagination they require or some other reason,studies prove that a vacant home will sit on the market for nearly 80percent longer than a furnished home.
Even partially staging the home will it help it sell quicker
2. Leave the Utilities on since you are leaving the home vacant, and on the market, transferringutilities is a bit more complicated. You'll need to keep the power, waterand gas in service to the vacant home for showings and the homeinspection.
Cancel the services once the home closes escrow.
3. Call Your Insurance Agent the folks at ValuePenguin.com claim that most homeowner insurancepolicies stop covering claims on homes that have been vacant for morethan 30 days.
Contact your insurance agent to find out if you're covered and, if not,how to purchase vacant home insurance.