Since you’re reading this, you’ve made the tough decision to sell your fire-damaged house. First of all, we’re sorry you had to go through that. Living through a fire incident can be a very traumatic experience, and as if that’s not enough, selling a damaged property can be challenging. We understand your fears, and we’re here to help you get your house sold irrespective of the extent of the damage the fire must have caused.
Things To Do After A Fire Damage To Your House
Despite how fire incidences are common in the U.S., traditional home buyers shy away from purchasing them, which makes selling nearly impossible. Nevertheless, there are things you can do after a house fire to help sell your fire-damaged home.
· Take Inventory of the Damage and Your Belongings
The first thing you should do once the fire is put out is to take inventory of your loss. When it’s safe to enter the building after the fire, separate your properties and documents not damaged by the fire from those that were. Also, take pictures of the ruins that the fire left. You’ll need all of these when you meet up with your insurance company for claims.
After you’ve separated the damaged properties from those that are not, you can estimate how much loss the fire has caused. Your inventory should be as detailed as possible, as this would help your insurance claim. If you’re able to get a good settlement, then you can afford to take the time to find a buyer for your house or sell it at a lower price.
· Get a Professional to Inspect Your Property
It’s likely that you won’t be able to estimate the value of your loss correctly. In that case, you’ll need the services of a professional house damage inspector. This is because, when you underestimate your loss, you could get less in insurance, and when you try to sell or fix the property, you’ll realize you have shortchanged yourself.
A professional would remain objective throughout an inspection, and since they have no personal affiliations to the property, they are better suited for the role. With the help of an inspector, hidden damages that may have escaped your notice can be brought to the fore. With this knowledge, you’ll not only be able to get a better settlement, but also make a better-informed decision about the property’s value.
· Repair Your Fire-Damaged Home
If you want to sell the house the traditional way of selling a home, then the next thing to do is fix it up, so you can get a good offer. However, repairing the damages caused by fire is expensive and could cost up to $15,000. If the damages are really extensive, it could cost you way more than that sum.
Most people erroneously think repairing fire-damaged houses comes cheaply, so they dive headfirst, only realizing their mistake when they’ve started the renovations. What’s more, fixing up the damaged house doesn’t increase the value of the property. Hence, before committing to repairing your property before selling, consider the cost and the possible reward.
How To Sell Your Fire-Damaged Property
Having gotten an estimate of the cost of damage the fire did to your house, you most likely would realize undertaking an extensive renovation would cost you too much. But, who would buy a fire-damaged house as it is? Well, here are two options for selling your fire-damaged property without making renovations.
1. Hire A Real Estate Agent
If you can find a real estate agent that will agree to list your fire-damaged property as it is, he may be able to help you get a buyer who doesn’t mind the fire damages. However, you’re likely to get an unfair offer. Not to mention, the agent would demand a commission for the service rendered. Given the financial loss you’ve already incurred with the fire damage, paying a commission can be challenging. Hence, the second option of selling your fire-damaged house for cash to investors is the best for you.
2. Sell Your Fire-Damaged House To Investors
Real estate investors are your best bet of selling your fire-damaged property without doing any repairs. These buyers purchase house fast for cash, no matter the condition of the house. At QuicknEasy Offers, for instance, we buy houses damaged by fire, water or whatever, with no questions asked. We simply do a quick inspection of the house, make a quick offer, and close the deal within seven days.
In Conclusion…
Instead of spending money that you don’t have on extensive renovations, or paying a real estate agent to find you a buyer, you can sell your fire-damaged house yourself, as it is, to us at QuicknEasy Offers. No Repairs! No Commission! No Hassle!
Just fill this contact form now to get an offer on your fire-damaged house today!
