A vacant house is one of the most expensive things you can own. The mortgage keeps running, utilities keep billing, insurance costs go up, and every month the risk of vandalism, squatting, or weather damage compounds.
The Vacancy Insurance Trap
Standard homeowner's insurance excludes vandalism, theft, and often water damage once the property has been vacant for 30 to 60 days. To keep coverage you need a vacant home rider, typically 50 to 100 percent more expensive than standard coverage.
If you skip the rider and file a claim, expect a denial. We have seen this destroy sellers who assumed they were covered.
The Break In and Squatter Problem
Empty houses attract:
- Copper thieves (HVAC lines, water pipes, wiring)
- Squatters, especially in warm weather months
- Kids treating it as a party house
- Insurance defrauding "helpers" who cause damage on purpose
Once a squatter establishes tenancy, even without a lease, most states require a formal eviction to remove them. That is 30 to 90 days and thousands in legal fees on YOUR property.
The Fastest Fix Is a Sale
A cash buyer can close in 14 days, take over utilities the day of closing, and secure the property immediately. All ongoing carrying costs stop.
What We Need to Buy a Vacant Property
- Access for a walkthrough
- Basic history (roof age, last major systems replaced, any known issues)
- The current utility and insurance situation
- Any HOA correspondence
We handle the rest, including winterization if closing runs into cold weather months.
Ready to offload a vacant property?
Liberty Property Solutions buys vacant houses in 30 plus states, no matter how long they have sat. Request a free cash offer today and stop the monthly bleed.