For Sale Vacant
Wednesday, April 1st, 2009Vacant homes are being targeted by insurance companies. Insurance companies are finding homes that are vacant and canceling their policies.
Vacant home listings. Drive by inspectors that ‘just happen’ to be in the neighborhood. Being a target for a home policy being canceled is REAL if the home is vacant, looks vacant, listed as vacant, etc.
What should you do if your home is vacant?
- Know that coverage for certain “perils” may not be valid IF the home is vacant for more than 30 days. Does that mean there is NO coverage? Not necessarily… It may mean there is no burglery coverage, no vandelism coverage, and be careful… No coverage for water damage has been an issue with some carriers.
- Consider using services like Show Homes of Atlanta. Show Homes of Atlanta will put a “tenant” in your home that keeps your home occupied with QUALITY home furnishings and professional home staging. This positions the home to be sold FASTER. Also, the insurance costs are lower! Also, the “tenent” pays utilities, keeps the yard up, maitains the pool…
- Rent or Lease Purchase the home. The rental market is booming in this credit tough economy. Property Management companies have tenants that can occupy the home for 12-36 months to help you get through this tough sales time. Lease Purchasing also positions the tenant with the goal of buying the home at the end of 12-36 months.
If all of the above fails, then the vacant home policy is available to keep your home covered and position you with the RIGHT coverage.
Give us a call. We can provide help in all of the areas above. 1-877-MattLocke or 678-682-9700.
