Transforming opportunities into homes
Vacant Café, developed by New Initrode, is a robust real estate procurement software application that supports homebuyers and developers at every stage of the rehabilitation process.
Countdown time to launch date:
October 1st, 2024, 07:00 a.m
Designed to address common frustrations in property development, Vacant Café streamlines the journey, making it stress-free for everyone, from first-time rehabbers to seasoned real estate professionals.
Vacant Café takes the real estate experience to the next level by fostering a dynamic, collaborative environment for buyers, lenders, realtors, contractors, and other service providers. Our platform ensures a seamless process through secure, real-time communication among team members, keeping projects on track.
In the face of an inventory and affordable housing shortage, Vacant Café addresses the need by leveraging the inventory of vacant properties and lots. This approach provides an accessible and affordable option for potential homebuyers.
Property owners, municipalities, lenders, and nonprofit organizations can upload their inventory to the Vacant Café platform. This collaborative environment connects buyers and investors with untapped inventory and a hand-selected team of service professionals.
Contact us to get on the early access list!
- Higher levels of vacancy are linked to an increased risk of assaultive violence in urban areas. [Source]
- During the foreclosure process, a study found that vacant properties experienced a 19 percent rise in violent crime, with the risk growing the longer the property remains vacant. [Source]
- In Philadelphia, improving blighted properties led to significant reductions in crime. A study found that “within a year of repairs, surrounding areas saw a 19 percent decrease in assaults and a 39 percent decrease in gun assaults.” [Source]
Customers/Users
- Vacant Café targets buyers and sellers while also offering services for lenders, insurance companies, realtors, contractors, architects, appraisers, home inspectors, and warranty and title companies.
- Furthermore, municipalities and nonprofit organizations can upload their inventory of vacant properties, connecting these properties with qualified buyers and investors within this collaborative environment.
- Our goal is to enhance productivity, reduce stress, and minimize overhead costs by fostering a collaborative environment for streamlined real estate rehabilitation processes.