Heather Morris Realtor Expert for Cedar Rapids, Marion, Hiawatha & Robins

             A more recent concern to all homeowners is the vacant homes popping up in our neighborhoods.  The market shift has made us very aware that the house we live next to or kids walk by, could be abandoned.  Abandon houses raise red flags to potential buyers and neighbors.

            There are more concerns when buying a vacant house.  A whole house inspection should be completed to help you avoid owning the money pit.  Prior to all inspections, make sure all the utilities are turned on.  De-winterize the property if purchasing in cold months.  Hire a wood destroying insect report to learn if there have ever been termites, carpenter ants, or other pests that cause structural damage.  If there has been a lot of damage, require the seller to provide a structural inspection.  Always test for radon gas. Radon is the second largest cause of lung cancer.  You may not be concerned about the radon level, however when you sell it is most likely your buyer will want a radon test.  If the level is above EPA standards, it’s now your mitigation expense. 

            Neighboring a vacant home also has concerns.  I never thought this would happen, however I was recently called to one of my sale pending listings to find a squatter living in the house.  I understand neighbors are not outside due to the cold weather but didn’t anyone notice?  When you learn of a vacant house in your neighborhood, find out why?  Communicate with the owners or the neighbors about safety of the house.  You may want to alert the police if you see unusual activity.  Vacant homes are also targets for illegal activities.  If the property has a real estate sign, call or stay in touch with the listing agent.  Foreclosed homes are traditionally vacant for one year allowing the owner to redeem the property.  Neighbors beware is the best policy.

            Legal and clear title is usually stronger possibilities with a vacant house.  Estates, foreclosures, short sales may delay the closing for legal reasons.  The CR Board of Realtors listing and purchase agreements require the seller to release all liens and title concerns so the buyer has a CLEAN deed.  Use a professional Realtor or attorney in preparing the purchase contracts for vacant houses. 

            As vacant homes become more prevalent with the market shift, let’s be AWARE for our own personal safety. 

Heather Morris CRS, ABR, GRI, CLHMS

Broker Associate/ Skogman Realty