Many homeowners hang on to properties they don’t use, maybe it was inherited, are sitting vacant, or simply because they haven’t had time to deal with them. But what most people don’t realize is that holding onto a home can quietly cost you thousands of dollars every year, especially when it’s not producing any value.
At Best Price Homebuyers, we’ve helped countless homeowners across Nebraska realize that an abandoned property sale can be the most financially sound move. If you're holding on to a house you no longer live in or want, here’s what it could be costing you.
1. Monthly Carrying Costs Stack Up Quickly
Even if you’ve paid off the mortgage, you're still spending money every month. Property taxes, utilities, insurance, and HOA dues (if applicable) can run $500–$1,000+ per month, especially for a vacant or outdated home.
In the case of an abandoned property sale, those expenses stop immediately — no more monthly drain on a home you’re not even using.
2. Vacant Home Insurance Is Expensive (and Necessary)
Standard home insurance often doesn’t cover vacant properties after 30–60 days. Once a property is considered vacant or abandoned, you’ll likely need vacant home insurance, which costs more and covers less. Meanwhile, the risks, break-ins, weather damage, and unnoticed repairs are even higher.
An abandoned property sale can eliminate that risk and put cash in your pocket instead of into an overpriced policy.
3. Deferred Maintenance Gets More Expensive Over Time
If you’re not living in the house, it’s easy to delay or ignore maintenance. Unfortunately, small problems don’t stay small. A clogged gutter can lead to foundation issues. A slow leak can turn into structural damage. The longer a home sits empty, the more expensive those “someday” repairs become.
4. You’re Missing Out on Better Financial Opportunities
That property might feel like an asset, but if it's sitting vacant, it’s not doing much for you. Every dollar tied up in taxes, insurance, and upkeep is money that could be used toward other financial goals - paying off debt, investing, or funding your next move. Selling frees up that equity.
5. Waiting on the Market Could Backfire
While home values tend to rise over time, that’s not guaranteed, especially if the home is in poor condition. Waiting for the "perfect time" may lead to more repairs, longer vacancy, or missing the market entirely.
Why Selling As-Is Makes Financial Sense
At Best Price Homebuyers, we make the abandoned property sale process simple. No repairs. No agent fees. No waiting. We buy homes in any condition, and we’ll work on your timeline - sometimes closing in as little as 7 days.
Let’s Talk About Real Numbers
Still holding onto a property that’s draining your wallet? Let’s look at the real costs and see if it’s time to let it go. Contact us for your free cash offer today.