Many sellers face adversity when selling their home. There are all kinds of things that happen to a property to make a homeowner feel the house is unsaleable. In our latest post, we will discuss how to manage and sell a house with water damage in Alabama.
Let’s just face it, water damage is a big deal in Alabama. Water is an ever present danger to your home. Repair costs can sky rocket to unbelievable heights if the problem isn’t remedied right away. Luckily, there is a huge markets for these kind of houses! If you want to sell a house with water damage, read on to find out how to do it correctly and to make the most money possible!
Water can cause a ton of problems to your house. As soon as you know there is a problem, You must act quickly to fix the situation. Because mold can begin growing in only a few hours after exposure and can spread like wild fire to all parts of the house. So as soon as possible, stop the flow of water to the area and Immediately begin cleaning, drying and disinfecting the affected area. These tips from FEMA will help you handle mold and mildew in your home. Your next step is to let your insurance company know of the damage and then hire a professional water damage restoration company right away. DON’T PUSH THIS OFF! The longer you wait, the more damage will be caused and the bigger the repair cost get.
Damages Can Be Extensive
In addition to causing mold, water can affect electrical systems, damage wood and can even compromise the home’s overall structural integrity. Also drywall can be destroyed as well as paneling and carpeting. Depending on the leak or flood, personal items may be lost as well. Water can be life giving but it is also very destructive, but this still does not make your home unsaleable. Remember to keep an accurate record of all repairs and share this information with all prospective buyers. You really don’t want to leave stuff out for legal and moral reasons.
Be forthcoming from the very beginning, let your agent and prospective buyers know of all the damage that you know about. Have an inspection done before listing, to show interested parties that the damage has been repaired or assessed. Have your claims backed up by having a report from a mold specialist, giving the property the green light. This is very impotent because your buyer wont be able to get a loan with out it. When buyers hear “water-damage” it can cause them to turn tale and run the other direction fast. By having the proper paperwork saying the house has been repaired correctly, you will provide your buyers with the peace of mind they need to make an offer you want. Not disclosing damages can cost you big time. You don’t want something to be discovered down the road that could lead to financial repercussions or even a lawsuit, not to mention being unethical. You want to be able to sleep knowing you didn’t put someone else’s family at risk to save a few bucks.
Be prepared for something to come up in the home inspection as a result of the water damage. It always happens. Water often causes problems we don’t see right away. A home inspector may discover damages hidden below the surface. It is for this reason, many homeowners will opt to have an inspection done before the home is listed. By being proactive, repairs can be made before a buyer finds them for themselves and blows up the deal or cost you more to fix then before.
By selling your house directly to The Aida Group, you will be able to get rid of your unwanted house in Alabama without any cost or hassle. We will evaluate your Alabama house, estimate repair costs, and make you a fair and honest offer on the property as-is. You will be able to quickly and easily sell your water damaged house without having to make any repairs or wait around for a buyer. Many homeowners who are dealing with water damage opt to go this route. It can save time, money and help you avoid the hassle of trying to get your house ready for the MLS.