Problems with Vacant Property

(January 5, 2017)

You might not think an abandoned house could cause much grief to anyone, but the fact is that vacant property is a target for crime, visual blights on a neighborhood, and if you’re the owner of said property – can cause you one big headache you don’t need. If you’ve become overwhelmed by one of your properties and have simply left it to deteriorate, you may be unaware of the issues that the abandoned house can cause. These include:

  • Squatters – if mischievous people suspect a property is vacant, they may move right in, potentially bringing crime with them. Getting squatters vacant.jpgout can turn into a lengthy and expensive court process.
  • Devaluation of surrounding property– abandoned buildings lower the values of the homes around them.
  • Water damage – an abandoned house can fall victim to burst pipes, causing extensive damage that will increase the costs of renovating the property.
  • Vandalism – not everyone has good intentions, and leaving a home unattended is an invitation for troublemakers who may break windows, do graffiti, or break in and steal copper piping.
  • Fire – arson is a very real problem when it comes to abandoned houses. This poses a danger to surrounding houses, as well as risk to firefighters’ health and safety.

If you have a property that you can no longer manage, and you’ve simply left it to the elements, you can get this burden off of your plate and eliminate your liability by selling the property for cash. Contact us today to see how we can help.

Make Me an Offer

Jennifer Shenbaum

Written by Jennifer Shenbaum

Jennifer Shenbaum is a real estate investor based in Southern California. She is a veteran of the housing market crash of 2007. Best of all, she offers free remodeling ideas to all who ask.

Post a Comment