Fires can be a dangerous thing, especially when it causes damage inside of a home. It can not only be a horrific thing to experience, but it can cause thousands of dollars in damage. As you may have guessed already, this can make it very difficult to sell the home. Fortunately, in most cases home insurance can cover most of that costs from the damage but even then, the homeowner(s) will still be left with damage that will need repairs. In most cases because of the cost, the homeowner(s) may think about selling the house with fire damage. For those who are thinking about selling their house with fire damage, here are 5 tips on how to sell your home with fire damage:
- AskYour Agent About A Restoration Company
Assuming that you have already contacted your insurance company because of the fire which is initially the first step, you may want to ask your agent for some recommendations for a restoration company. During this time, you will also want to start cleaning up any soot or water damage from trying to put out the fire. If you do not clean up the water damage right away, you see mold start to form.
- Separate Damaged Items for Insurance Purposes
The insurance company will most likely want you to take a detailed inventory list (photos and descriptions) of all of the items that were damaged in the fire. Once you’ve separated the items, it will be easier to document a detailed list. Some of the things that the list should include are; the make, model, serial number, date you purchased the item, how much you paid, and a short description of the item.
- SeparateNon-Damaged Items as Well
After fire damage inside of a home, your items will more than likely be exposed to most of the damage. But the items that were not affected by the fire should not be exposed to the items that are damaged. Make sure to move them to a safe area, like a garage or a storage unit to make sure they are not stolen or damaged.
- Work with the Insurance Company During the Process
Fire damage claims are usually a top priority for an insurance company, so an adjuster will be quick to inspect the property within a few days. In order to make sure your claim is processed as soon as possible, make sure to be prepared to provide documents in a timely manner.
- Find Somewhere Else To Stay If Your Home Is Not Livable
Finally, If your home is not in a livable condition due to the fire damage, you will need to make arrangements to stay somewhere else until then. Most insurance companies and policies will cover food, clothing, and housing that your family might need, but this still depends on the policy you have with your insurance company.
Selling Your House with Fire Damage
When listing the home with a realtor, you will most likely end up receive a cash offer from a cash home buying company. Most people who buy houses with fire damage are investors. They will purchase the house with the intent of fixing it up and selling it at a later date. So, keep this in mind when trying to sell your home with the fire damage when dealing with a realtor. Investors will typically pay a little less than the average buyer, and that’s because they are taking into account all of the risk.
However, at National Cash Offer we can help! You won’t need a realtor or have to deal with the long process of putting your home on the market. You can sell your home in ANY condition with us. Receive a cash offer in just minutes! Click here for a free, no-obligation cash offer!