Many sellers face adversity when selling their home. All kinds of things happen to a property to make a homeowner feel the house is unsellable. In this post, we will discuss how to manage and sell a house with water damage in Minneapolis.
Let’s face it, water damage is a big deal. Water can wreak havoc on many aspects of your home. Repair costs can be sky-high if the problem isn’t fixed right away. Fortunately, there is still a market for these homes! If you want to sell a house with water damage, learn more about how to do it here!
Don’t Wait
Water can cause a ton of problems to your house. As soon as you know there is a problem, take action to have it repaired right away. Mold can begin growing in only a few hours after exposure. As soon as possible, stop the flow of water to the area. Immediately begin cleaning, drying and disinfecting. These tips from FEMA will help you handle mold and mildew in your home. Let your insurance company know of the damage. Immediately look to hire a professional water damage restoration company. The longer you wait, the more damage will be caused.
Damages Can Be Extensive
In addition to causing mold, water can harm electrical systems, damage wood and compromise the home’s overall structural integrity. Drywall can be destroyed as well as paneling and carpeting. Depending on the leak or flood, personal items may also be lost. Water can be very destructive, but your home is not unsellable. Keep an accurate record of all repairs and share this information with all prospective buyers.
Be Upfront
From the start, let your agent and prospective buyers know of the damage. Have an inspection done before listing, ensuring interested parties that the damage has been repaired. Provide prospective buyers added assurance with a report from a mold specialist, giving the property the green light. When buyers hear “water-damage” it sets off alarms and many want to run the other way fast. By having paperwork showing the house has been repaired, you will provide your buyers with the peace of mind they need to make an offer. Not disclosing damages can cost you financial repercussions or even a lawsuit, not to mention it’s unethical.
The Inspection
Be prepared for the home inspection to discover something wrong that’s developed as a result of the water damage. Water often causes problems we don’t see right away. A home inspector may discover damages hidden below the surface. There are homeowners who opt to have an inspection done before the home is listed, to proactively address repairs that can be made before a buyer finds them for themselves.
Sell Direct
By selling your house directly to Fast Cash Homes MN, you will be able to get rid of your unwanted house in Minneapolis without any cost or hassle. We will evaluate your Minneapolis 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.