VACANT AND SECURED © 2014 by Wayne D. Lewis, Sr.
The selling of a home
is just as much a challenge as buying one. Ask any seller. While some homes may sell very quickly in
less than 24 hours, others may sit on the market for 24 months, or greater. The dynamics aren’t necessarily a secret, but
it all starts and ends with pricing for the marketing of the respective
home. That may mean that the home may
bring offers for far less than the seller intended, with the seller leaving the
home on the market for an extended period of time, in hopes of receiving the
perfect offer. Whether the home sells
immediately, or over a given period of time, one important concern for the
seller is the fact that the home is vacant.
In this post, we will focus on vacant homes and the
challenges and possible solutions that maybe enacted to ensure that the vacant
home does not become any more of a cost than necessary to sell it. Here are 4 things to be aware of (Not an
exhaustive list):
- How is the property secured
- How often is it checked
- How to minimize potential vandalism or break-ins
- What to do if the property is broken into?
How is the property
secured?
A.
Lock the
doors-Obviously, a no-brainer, but even the best of us forget to lock our doors
while we are living in a property. So,
while it should go without saying, we will go with saying it: lock all doors
B.
Lock the windows-Obviously, there are latches on
windows, but that may not be enough. All
windows are not designed equally, as you are aware. One of the
most important set of windows to secure is a sliding door. If not properly aligned, it can appear to be
secured and still be opened. Check all
windows and sliding glass entrances to be sure they are secured.
C.
Local or Monitored Alarm systems- If you have moved out
of the home to another home, you may have already had an alarm service in
place. It can’t hurt to still have the
home monitored after moving out. Or, if
you have disconnected the service, the system, with its back up battery can
still be used. Perhaps have the alarm set for the house and have a neighbor
call you should it go off.
How often is your home
checked?
Depending on whether you live
near your home on the market or across the country, if it is on the market, it
is still worth checking on the property, as often as once a week, or no more
than a month. If you are not sure at
first, you may want to hire a property manager to check the property on an
agreed upon time frame. You will want to
have checked the doors, windows, and if there is an alarm system, make sure
that it is operating properly, or at set to AWAY. You may also want to check to make sure that
your home has not been tagged by those who love to spray paint empty
homes. This is very much likely to
happen on homes that have been empty for a long time, whether on the market or
not.
How to minimize
potential vandalism
There are times that when your
home is on the market, you may want to stage it to give it a lived-in
look. This however works best for those
who actually go into the home, or look into the house through the windows. Staging minimizes those who may have a
criminal intent to target a vacant home, that while vacant, is not necessarily
at the top of the list to break into, if there is the possibility that the home
appears to be lived-in (not statistically proven, but would seem
probable). Minimizing the potential for
vandalism or breaking into a vacant home may work best if the seller tries the
following two suggestions:
- The amount of staging is important. Placing a spattering of furniture in the home at strategic locations without overwhelming the buyer, helps the buyer get an impression of what the home looks like when they may mentally place their own furniture. In addition, that strategic placement helps create a sense of occupancy, warmth and that, possibly, someone maybe frequenting if not actually living in/on the property. One bed in the staging process may also help to create a strong impression of occupancy.
- It’s important that if
someone asks if anyone lives or stays in the home, you may want to have a
prepared answer. Perhaps something to the effect: We have a neighbor come over, or maybe,
we have a relative to come by check frequently. It doesn’t have to be true, or untrue,
but it is important that anyone who asks not have a sense that no one ever
comes by the home, even as it appears totally vacant.
What to do if your vacant home is broken into?
- Call the Police, make a report;
- Note any damage and notify your insurance company;
- Secure the house against any further damage, such as vandalism, or unauthorized persons moving in and occupying your home;
- Remove any items that may cause injury or harm to potential buyers
- Repair, as needed, any damages that may affect your intent to get the best price for your home;
- You may want to note any major damages on your property disclosure, as well as repairs, where necessary;
The above suggestions are based on observations of
properties that have suffered damage possibly because of their vacant
status. It may not have mattered that
they were on the market, or that they were vacant. Who can say what prompts the criminal mind,
or the mischievous minds of those who break who into our homes. The point is, to do as much as creatively
possible to protect our homes, whether vacant, or occupied, from those who
would seek to commit such offenses. How
proactive we are to minimize such an occurrence, is just as important as how
reactive we are in the event of such an occurrence. If our properties are broken into, we should
be quick to repair the damage to prevent further damage or any other
unauthorized activities in our homes. A
very important thing to also remember, is to strive to give our homes as much
of an active, and attractive presentation as possible, especially, when it is
on the market.
SPEAKER-If you are
looking for a speaker for any of your community groups, please don’t hesitate
to email me to so that I can bring you the latest on New Orleans and the Home Buying process. I am ready to help you, to Make Your Best Offer. Email: waynelewissoldit@gmail.com
Disclaimer: Not
an intent to solicit the business or clients of any agent or broker. Information provided is deemed to be from
reliable sources, but is not guaranteed.
No information should be determined to be legal advice, please consult
an attorney or your Realtor regarding this subject matter.
Labels: Blighted Homes, Home Security, Move-in Ready, Tagging, Vacant Homes, Vandalism
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