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Updated over 7 years ago on . Most recent reply

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Kyle Doney
  • Flipper/Rehabber
  • Golden, CO
319
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Buying a home that has been unoccupied for years

Kyle Doney
  • Flipper/Rehabber
  • Golden, CO
Posted

What are some things to look for when purchasing a home that has been unoccupied for several years (4)? Considering the utilities will not be on, how do you know the pipes are ok, fixtures, electric/ heat works when you cannot test any of this stuff when looking? Seems like a home that has not been occupied for years could have several underlying issues. Could anyone share their expereince with buying these type of properties.

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Ned Carey
  • Investor
  • Baltimore, MD
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

You can get the utilities hooked up for an inspection. This is regularly done with listed properties but often at the expense of the buyer.

I often buy vacant boarded up properties. I just assume substantial work will be done. I base my offer accordingly. After a while you start to learn what to look for.

A very good book on inspecting properties is "Inspecting a House" by Carson Dunlop & Associates. Good luck - Ned

  • Ned Carey
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