Owning a vacant property in Maryland can quickly go from an opportunity to a liability. Whether the home is inherited, in between tenants, or simply no longer needed, an unoccupied property often brings more complications than expected.
From ongoing maintenance and security risks to financial strain and insurance gaps, the longer a property sits empty, the more it costs you: both in dollars and peace of mind.
If you’re looking for a reliable way to sell your vacant property, this guide outlines your options, risks, and a professional solution that simplifies the process.
The Real Cost of Holding a Vacant Property
Vacant homes are deceptively expensive. While there’s no one living there, the costs continue to accumulate. Some of the most common (and underestimated) burdens include:
- Property taxes and utility bills that still need to be paid, even when the property sits unused.
- Homeowners insurance premiums often increase for vacant properties, or coverage may be denied altogether.
- Maintenance issues like leaks, mold, and pest infestations that worsen without regular oversight.
- Liability risks, including break-ins, vandalism, or injuries on the property, especially when it’s visibly unoccupied.
- Diminishing curb appeal, which can attract unwanted attention and reduce your home’s market value.
If the home requires repairs, is in probate, or has become emotionally or financially draining to maintain, it may be time to explore selling it.
Challenges of Selling a Vacant Home on the Traditional Market
Many sellers assume the best course of action is to list the property through a real estate agent. However, vacant homes often face unique hurdles that make traditional sales more complex:
- Perceived neglect: Empty homes tend to appear uncared for, deterring potential buyers.
- Extended time on market: Homes that are unoccupied often take longer to sell, especially if they require repairs or updates.
- High upfront costs: Cleaning, staging, professional photography, and repairs may be needed just to attract interest.
- Unexpected delays: Appraisals, inspections, and financing contingencies can stretch out the sale and even lead to contract cancellations.
For sellers who don’t have the time, resources, or desire to prepare a vacant home for the market, these obstacles can become overwhelming.
A Simpler Solution: Sell As-Is to Dominion Properties
Dominion Properties offers a direct, streamlined alternative. As a local, Maryland-based buyer with over two decades of experience in acquiring and revitalizing homes, we purchase properties in any condition, and we do so with professionalism and integrity.
Here’s what makes our approach different:
- Sell As-Is – No Repairs, Cleaning, or Staging
We purchase homes exactly as they stand. Whether it’s outdated, damaged, or simply empty, there’s no need to invest another dollar or lift a paintbrush.
- Fair, Data-Backed Cash Offers
We provide top-dollar cash offers based on local market data and the unique attributes of your property, not automated estimates. Our offers are transparent, fair, and designed to reflect the true value of your home in its current condition.
- Flexible Closing Timelines
Need to close quickly? Or prefer to wait a few weeks? We work around your schedule and can close in as little as 7 days, or on a longer timeline if needed.
- Specialized in Maryland Real Estate
Unlike national chains or investor groups, we’re deeply rooted in Maryland. We understand the zoning laws, market dynamics, and neighborhood nuances that influence home values across the state.
Let’s Simplify the Process
If you’re ready to move on from a vacant property (or simply want to explore your options) Dominion Properties is here to help.
We’ve worked with hundreds of Maryland homeowners facing situations just like yours. Our approach is professional, confidential, and built on trust.
Get started today with a no-obligation consultation and cash offer: 410-989-4564