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Vacant home sales

By Mitchell Captain

Home Inspector with AllSpec Professional Property Inspections Inc

April 25, 2007 06:07 AM

It seem to me that 80-85% of my inspections are for vacant homes. The other 15-20% are divorces and people leaving town. I was wondering what is happening in other parts of the country. And are there any national figures on vacant home sales?

In So. Fl. we have an insurance problem and a property tax problem. Both of which are being address by our state legislators. I never seen those guy/gals ever work things out.

AllSpec Professional Property Inspections Inc is a home inspection company doing home inspection in Miami Dade county, Broward county, and Palm Beach county. I am a certified inspector by the highest and best in the profession my grandson. See picture below. His testing is second to none and he proctors all his tests and personally checks on my CEUs. If I get lax or out of hand he will suspend my certification. It is the most prestigious and limited home inspection organization on earth. He is currently researching a certified master board certification but he thinks some guy already register it. He is in contact with a major university to start a doctoral program in home inspection. http://www.allspec.us/

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Mike (Inspector Mike) Parks

Inspector Mike - Circleville, OH

Inspector Mike

I never look at the percentages but I wish that they all were vacant. Not that I do not like the furnishings, it gives me full access to the home.

BTW how do you get that many vacants? Don't they trust you with there contents?

Here we bring furniture in!

Apr 25, 2007 08:43 AM

Mitchell Captain

AllSpec Professional Property Inspections Inc - Fort Lauderdale, FL

Home inspections in Broward, Dade, and Palm Beach

I think it is because the vacant homes are less expensive then the occupied ones.

They trust me a little but not too much.

Apr 25, 2007 08:48 AM

Teri Eckholm

Boardman Realty - White Bear Lake, MN

REALTOR Serving Mpls/St Paul North & East Metro

I don't know about any national statistics but about 25% of homes I have shown are vacant lately...Depending on the neighborhood some are closer to 50%.

Apr 25, 2007 09:09 AM

Ann O'Connell

Real estate agent at Oak Real Estate - Boulder, CO

Most of the properties I get calls for here in the San Francisco Bay Area are vacant. I'm always surprised that there are so many vacant! Where has everyone gone?

Apr 26, 2007 05:01 AM

Terry Haugen STAGE it RIGHT! 321-956-2495

Stage it Right! - Melbourne, FL

Ann - I think everyone has gone to Mexico! Which we are planning to do, soon. I would say the vast percentage of the vacants here in my area are spec homes, at least it seems that way.

Terry Haugen - STAGE it RIGHT!

Apr 26, 2007 11:37 AM

XXXXXXXXXX XCXCX

KJHGF - Arviat, YN

90% of the homes I inspect are furnished the other 10 are vacant for one reason or other, I've had an upswing in repo homes.

Apr 26, 2007 03:01 PM

Tchaka Owen

Galleria International Realty - Hollywood, FL

In my area of S.Florida I would say it's 50/50.

- Tchaka

Apr 26, 2007 04:00 PM

Jimmy Breazeale

Sherlock Home Inspections - Coldwater, MS

About 50-50 here. Several builders overbuilt on spec homes. Some offering bonus points to realtors to push them, a few going under. Indications are that the situation is temporary, as this is still a growth area. Existing home prices are finally adjusting to recent realities, and that inventory is clearing somewhat with the bargains. Sub-prime fallout yet to be felt much here.

Apr 27, 2007 04:46 PM

Bruce Pinel

S & B Services LLC - North Kingstown, RI

Sub-prime fallout is running rampart in my area. Foreclosures used to take up 1 page, 1 day a week. Now its at least 3-4 pages, everyday! In most cases, nobody is showing up at the auctions because the properties were overpriced to begin with, so no bargains to be had.

Apr 28, 2007 06:32 AM

Vacant home sales

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