FastiBuyer buys vacant homes throughout Washington DC, Maryland, and Virginia — quickly and for cash. Whether the home has been vacant for two months or twenty years, we'll make you a fair offer and close on a timeline that works for you.
Why Vacant Homes Are a Financial Liability
| Monthly Carrying Cost | Estimated Annual Impact |
|---|---|
| Property taxes (DMV average) | $3,600 – $18,000 / year |
| Homeowner's insurance (vacant property rate) | $1,800 – $6,000 / year |
| Utilities (minimal — winterization, etc.) | $600 – $2,400 / year |
| Lawn care / exterior maintenance | $1,200 – $4,800 / year |
| HOA fees (if applicable) | $1,200 – $6,000 / year |
| Security / monitoring systems | $600 – $1,800 / year |
| TOTAL estimated annual carrying cost | $9,000 – $39,000+ per year |
Common Reasons Homeowners Have Vacant Properties
- Relocated for work and unable to sell before moving
- Inherited a property that no one is living in
- Purchased a new home before selling the old one
- A tenant moved out and the landlord doesn't want to re-rent
- The property needs repairs that the owner can't afford to make
- Going through a divorce and the home is sitting empty during proceedings
- The homeowner is in a nursing home or assisted living facility
- An investment property that is no longer performing
The Hidden Risks of a Long-Vacant Property
🔒 Vandalism & Theft: Vacant homes are prime targets for copper theft, break-ins, and vandalism.
💧 Water Damage: Without regular monitoring, a single pipe burst can cause tens of thousands in water damage.
🐛 Pest Infestation: Rodents, insects, and wildlife move into vacant homes quickly.
📉 Value Deterioration: Homes degrade faster when unoccupied — systems fail, roofs leak unnoticed, and mold develops.
⚖️ Legal Liability: If someone is injured on your vacant property, you may be held liable.
🏙️ Municipal Fines: Many DC, MD, and VA municipalities impose additional taxes or fines on vacant properties.
Frequently Asked Questions — Vacant Homes
Does FastiBuyer buy homes that have been vacant for many years?
Yes. We regularly purchase homes that have been vacant for extended periods — including properties that have experienced some deterioration due to neglect. Our team assesses the condition thoroughly and makes a fair offer based on what the home needs.
Do I need to board up or secure the property before selling?
No. You sell the property in its current condition. If the home is already vandalized, has broken windows, or has been damaged during the vacancy period, we account for all of it in our offer.
My vacant home is in a different state — can you still buy it?
If the home is located in Washington DC, Maryland, or Virginia, yes — even if you're managing the sale from another state. We can conduct a virtual walkthrough and handle nearly all of the transaction remotely.
Are there vacant property tax implications I should know about?
Several Maryland and DC jurisdictions impose higher property tax rates on vacant or abandoned properties. Selling quickly through FastiBuyer stops these elevated tax assessments and eliminates future carrying costs. We recommend consulting a local tax advisor about any capital gains implications from the sale.