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After a significant storm or catastrophic event, you may determine that moving to a different climate is right for your household. The question becomes, do you repair all the damage to your home before you sell it, or do you offer it “as is” so that the buyer takes on that cost. Sometimes, if you take care of the damage problem quickly, you’re only left with minor repairs. Often, though, it can seem like the entire house needs fixing.
To figure out which is right for your situation, review these pros and cons of each choice.
Selling a water-damaged house to an investor is one of the best options. An investor will pay cash for your property without requiring you to fix anything. Here are the best practices to make it a great sale:
If you have the money from an insurance payout, make the repairs. You can fetch a higher price on the market. But when this investment isn’t worth the cost, it’s often a better choice to sell your water-damaged home to an investor instead. If this sounds like a good possibility for you, ask your real estate professional to market your home to investors so you can resettle your household in a better home.
Kim Weeks, Realtor® Providing you with full-time professional service since 1995 With over 24 years of providing professional real estate services, Kim Weeks is your go-to gal for both your buying and selling needs. Kim is a native to the Newburyport area and loves introducing her clients to the beautiful homes set along the picturesque Merrimack River. Kim enjoys her career as a Realtor, and while her raving clients will tell you her laughter...