Whether you are a client or an individual managing your own home, you need to minimize the amount of time it is vacant.
Many bad things can happen to a vacant home that wouldnt happen to a occupied home
1) Fire: small electrical fires or smoke smells would be caught by a tenant. outlets, lights, heaters, appliances can cause these. Cost: $150 if Occupied, >5000 if vacant
2) Flood: probably the biggest risk. Pipes leak, freeze… fittings come loose. sewer lines decay. These are quickly caught by tenants. Cost: $150 if Occupied, >5000 if vacant
3) Breakins and squatters: Local people know when a property is vacant. they might try to fraudulently lease it, move in, or just have a party. Either way the damage to you is potentially high.
Insurance may cover some of this…. assuming your carrier approved you having a vacant house and not monitoring it. And they will charge a ton for a vacant house. … but the work and potential loss is huge.
We secure the home quickly, rent it ASAP, and let you kno the risk vs rewards of waiting for a tenant. Call us today to eliminate these huge vacancy risks.
Mark
www.rpmriogrande.com
505-292-4765
This content is provided for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. Readers should consult with licensed professionals regarding their specific circumstances.
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