Vacant House in Fresno Sitting for 3 Years. Sold in 21 Days.
Carlos owned a two-bedroom house in West Fresno that had been vacant since 2023. He had moved to the Bay Area for work and originally planned to rent the house out, but the property needed too many repairs to pass a rental inspection. So it sat empty.
The Challenge
For three years, Carlos paid $1,800 per year in property taxes, $900 per year in insurance, and occasional maintenance costs to keep the yard from getting cited by the city. That added up to over $8,000 in carrying costs on a house generating zero income.
The house needed a new roof, updated electrical panels, and plumbing repairs. Contractors quoted $25,000 to $35,000 to get it rent-ready or sale-ready. Carlos did not want to invest more money into a property that was already draining his savings. He tried listing it once with a Fresno agent, but it sat on the MLS for four months with no offers because buyers did not want to take on the repair burden.
How Acquily Helped
Carlos found Acquily while searching for cash buyers in Fresno. He submitted his address on a Tuesday evening and we called him Wednesday morning. After pulling comps and reviewing the property condition, we offered $128,000 cash with no contingencies.
Carlos accepted within 48 hours. We handled the title work, coordinated with the escrow company, and closed in 21 days. Carlos signed everything remotely from San Jose and never had to drive to Fresno.
The Outcome
Carlos received $128,000 and immediately stopped the bleeding of $8,000 per year in carrying costs. He calculated that if he had held the property for another two years trying to sell traditionally, the carrying costs and repair investments would have eaten $50,000 or more of his equity. Selling to Acquily was the most financially sound decision he made.
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