Water Damaged

Sell Water damaged house

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Selling A House With Water Damage

Water damage is often a life-changing experience. It can be a terrible feeling when the assessor drives away – you’re left with a damaged house and important questions that need answers:
  • Who can help me after a water damage is found if I have no insurance?
  • What if insurance won’t cover the full cost of my water damage repairs?
  • Can I sell my water damaged home if I don’t want to deal with repairs and am ready to move on?
We can help you find all the answers you need. Click the button bellow or call us at 972-532-7355

5 Guaranteed Ways

Water damage can severely impact a home, but selling it in Dallas/Fort Worth is still possible. Here are five guaranteed ways to sell water damaged house successfully:
  • Selling Your House in Dallas/Fort-Worth To A Real Estate Investor That Specializes in Water Damage Properties
  • Selling Your House in Dallas/Fort-Worth Through A Real Estate Agent
  • Selling Your House in Dallas/Fort-Worth Directly To Private Home Buyers
  • Selling Your House in Dallas/Fort-Worth at an Auction
  • Selling To A Company That Buys Houses for Cash in Dallas/Fort-Worth

Can You Sell A House in Dallas/Fort Worth With Water Damage As-Is?

Water damage can affect the value of your home in numerous ways. It’s important to handle this damage as quickly as possible if you are able to do so. It is important to know or do the following in a situation with a water damaged house:
  • Water damage may deter some buyers, but many are still interested in homes needing repairs.
  • Be transparent about the damage and risks to build buyer confidence.
  • Choose the best selling option for your needs, whether it’s a traditional buyer, cash buyer, or home buying company.
Selling A House With Water Damage to a Local Home Buying Company That Specializes in Water Damaged Homes
When you sell a house in Dallas/Fort-Worth with water damage, it’s important to be honest about the situation and not hide anything from potential buyers or sellers in a real estate transaction. If there is any water damage in your home, be honest about it upfront so that there are no surprises when someone wants to move into the property or sell it themselves later on down.

Selling a house in Dallas/Fort-Worth with water damage is difficult. You want to get as much money as possible, but you also want to disclose the issue so that no one gets hurt. That’s where a local home buying company comes in.

Getting Disclosures – It’s Still Important Even For Cash Buyers
In most states, sellers must disclose any known problems with their properties before selling them. It includes any known water damage issues or mold problems in your home. If you do not disclose this information, you could face legal repercussions later on if something goes wrong after the sale takes place.

Traditional buyers, like those you will find if you list your home with real estate agents in Dallas/Fort-Worth, will want proper disclosures on a water damaged home. The disclosure will go over both major issues and minor issues, including damage to the exterior walls, if you have flood insurance, any potential health problems or health issues that the home could impose on residents, and severe water damage.

A traditional buyer might ask for price concessions due to the extent of the damage to the home, as new homeowners typically can’t get a conventional mortgage for homes needing extensive repairs.

Making Repairs and Protecting Your House from Future Damage – Is It Worth It Before a Sale?

Leaking pipes are one of the most common causes of water damage; repairing them should be a top priority.

If the leak is severe, you may also need to replace the affected section of the pipe. In addition, any damaged drywall or insulation will need to be replaced.

Once the repairs have been made, it is important to take steps to prevent future water damage. This may include installing a sump pump or French drain, or other innovative solutions.

Is it worth it to make these repairs before you try to sell your home in Dallas/Fort-Worth? Yes and no. Depending on the level of damage and location of the damage, it may or may not be worth repairing.

Selling a Water Damaged House with a Local Real Estate Agent
If the damage to your home is minor and can be easily repaired, then it may be possible to list your home with a local real estate agent who specializes in water damaged property.

Your agent will make suggestions on how to get a higher price by making the repairs before listing the property or if you should just sell the property as is.

In general, properties that have been damaged by water will sell for below market value. However, pricing will also depend on the location of the property and the severity of the damage.

Once you have a realistic idea of what the property is worth, it’s time to start marketing it. The goal is to find a cash buyer in Dallas/Fort-Worth who is willing to pay a fair price for a fixer-upper.

To do this, you’ll need to work with real estate agents who have experience selling water-damaged homes in Dallas/Fort-Worth. Keep in mind that you will have to pay realtor fees upon the closing of the property.

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Get IN Touch with five star properties

Ready to start your project or need expert help with your property? Contact us today to discuss your project and see how we can help you achieve your goals efficiently and effectively.

phone number

(972) 532-7355

LOCATION

539 W. Commerce St., #5544
Dallas, TX 75208

From the very start Jay was responsive and made sure that everything was explained in detail

He never tried to rush us and made the experience comfortable in all aspects from him walking the property, giving us a workable turn over date, and basically did all the work with the title company. We would highly recommend Five Star Properties to anyone looking to get a reasonable, quick, and cash offer on any property in any shape.” 

– Sam F.

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