An empty house still costs money every month in taxes, insurance, utilities and upkeep, and it’s more exposed to break-ins, frozen pipes and insurance gaps. Here’s what to check while you decide.
Check your insurance
Standard homeowners policies commonly restrict or void coverage once a house has been vacant for 30 to 60 consecutive days. The exact limit depends on your policy. Tell your insurer the house is vacant and ask about a vacant-home policy; not disclosing it can lead to a denied claim.
Keep your homestead tax exemption while it’s for sale
If you moved out of a Michigan home that had the principal residence exemption, you may be able to keep the exemption on it for up to three years with a conditional rescission. The house must be:
- not occupied,
- for sale,
- not leased, and
- not used for business.
File Form 4640 with your local assessor by June 1 (for the summer tax) or November 1 (for the winter tax) in the first year, then re-file by December 31 each year.
Check your city’s rules
Some cities require vacant houses to be registered. Pontiac, for example, requires registration within 30 days of vacancy, with regular inspections and basic maintenance. Pontiac details.
Protect the house while it’s empty
- Winterize the plumbing before the first freeze, or keep the heat on.
- Keep the lawn cut and snow cleared so it doesn’t look abandoned.
- Have someone check on it regularly, and after storms.
Getting an offer
We make offers on vacant houses in any condition, including ones with belongings left inside or damage from sitting empty. Tell us about the property.
This guide is general information, not legal or tax advice. Laws and city rules change, so check the sources below and talk to an attorney about your situation.