Vacant Tulsa Homes for Sale: Insurance & Vandalism
If your Tulsa home for sale is vacant, you need to be concerned about vandalism and reduced insurance coverage. All neighborhoods are susceptible to theft and vandalism, regardless of location.
A Realtor showing a vacant Tulsa home for sale I had listed last year reported that the air conditioning was not operational. The Seller went by the property to investigate and discovered that the copper wiring from the air conditioning unit had been stolen. This was NOT covered by the Seller’s insurance.
Another vacant Tulsa home for sale I had listed was flooded by a broken toilet. A Realtor showing the property called to report that there was an inch of water in the first floor – caused by an overflowing toilet on the second floor. Thankfully this was caught after the water had been flowing a short time, and although the damage caused was significant, it could have been much worse.
The Sellers of the flooded home purchased a home in midtown Tulsa, then put their home in south Tulsa on the market. They notified their insurance provider when they purchased the second property and were not aware that the insurance company had lowered the coverage on their vacant property.
If you have a vacant Tulsa home for sale, please make sure your insurance provider puts the maximum amount of coverage allowable on your property. The Sellers of the flooded home had to put in quite a bit out of pocket to restore their home before putting it back on the market and were fortunate that they had the funds available to do so.
Just as homeowners leaving their home empty for a vacation, owners of vacant Tulsa homes for sale should solicit neighbors and friends to drop by the house on a regular basis. Park in the driveway, turn on different lights each time, pick up mail or phone books that are dropped on the porch entry. The “for sale” sign in the yard is a necessity, but it’s possible to make the house appear “occupied” with a little diligence. And if someone were walking through the house turning lights off/on, a running toilet may have been discovered and ensuing flood avoided.
Realtors showing vacant Tulsa homes for sale are very good about notifying the Listing Realtor if they suspect damage or anything out of the ordinary. However, if the home is not being shown on a daily basis, it needs to be checked by neighbors. Perhaps there’s a responsible teenager in the neighborhood that would check the house for a little extra spending money.
If your Tulsa home for sale is vacant, do take precautionary steps and discuss your insurance coverage with your provider!