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HOUSING ASSOCIATES
Adam Walker 502-767-8275

Your Vacant House Is Secretly Stealing Your Money

October 4, 2017 by Adam Walker Leave a Comment

So for whatever reason you have a Louisville house or commercial property that’s vacant. Some people
are totally content and okay with this. They pay their taxes, keep their grass cut and pay their mortgage
if they have one. If you are one of those people, GREAT!

We don’t get you.

We’re all stuck on this floating rock in space for a reason. Whatever your purpose is, a vacant property is
holding you back. We promise you this, trust us.

Either you need the cash flow from a tenant occupied property or you need a lump sum of cash
that would help you move towards your goals….starting a business, retirement, increased savings, going
on your dream vacation, buying a vacation home, paying off your debt, buying a new car, saving for your children’s education (or maybe even yours)….whatever it is….selling your vacant property can get you
moving in the right direction.

Not only that, there are quite a few negatives to having a property sit vacant for weeks, months, years or decades….

1. When your insurance company finds out (and they will) that your property is vacant, your rates will
SKY ROCKET.

2. A vacant property is susceptible to vandalism, not to mention break-ins and theft, leaving you with a
HUGE mess to clean up and out potentially tens of thousands of dollars.

3. If your property isn’t properly maintained you could begin to see major mechanicals fail. Roof leaks,
burst pipes, gas leaks, fires, and mold growth can all severely damage your property.

4. Animals and squatters could likely call your vacant house their new home. (A friend of ours once tried
to evict a squatter from her house only to find out that because the squatter had mail in their name
coming to the house, she couldn’t just throw them out. It was a whole BIG ordeal involving courts,
judges, money and that extremely precious thing we call TIME).

5. The city can put liens on your property if you don’t maintain the exterior and yard as per the building
codes in your city.

Now, we don’t tell you these things to scare you. Us? We like scary movies, but we like to laugh and smile
as much as possible just like you. We simply want you to be aware of the things we’ve seen happen to
others so you can make your own decision about selling your vacant property or not.

If you do want to sell and need our help, just ask. We’re here to provide exceptional service for those that
reach out to us.

Let us know how we can serve you.

 

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We help you find your dream home.

Adam Walker is a Licensed Kentucky Realtor with Housing Associates Realtors. Housing Associates Realtors is a Kentucky Real Estate Brokerage comprised of just over 30 agents, all of whom take the utmost pride in delivering the best possible care and service to their clients, buyers and sellers.

Housing Associates Realtors Office Locations

Principal Broker Bob German has been serving the Louisville area and surrounding counties for over 25 years!  Let me know how I can serve you, your family and your friends.  Our focus is building long term relationships.

Louisville
2310 Dorothy Ave
Louisville, KY 40205
Office: 502-727-2822
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