If you experienced flooding this week and you are looking to learn how to sell a house fast with water damage, then keep reading for our tips below.
We know that those who experienced the flooding in Texas this week are going through a lot. In many regions, the flash flooding was completely unexpected until hours or minutes before, and people were unprepared for the devastating and sudden damage to their property. Our thoughts go out to everyone affected by the storms. Please remember that we are available to answer questions, even if you do not want to sell your house. Simply call us at 713-909-4119.
Minimize the Damage
First of all, if your house DID flood, then there are some tips you should consider in the first 48 hours to help prevent damage and to help minimize repair costs.
- Call your insurance company right away. Take photos of ALL damage, inside and outside. Be thorough in your documentation.
- Remove all fabric and water-holding items such as furniture, mattresses, clothing and bedding. If possible, move these items outside to dry (clothing can obviously be placed in a drier if electricity is functional).
- Sometimes real wood floors can be salvaged after a flood. Try using a humidifier and keep it running. This will not only help the floor, but it could help your walls and ceilings as well.
- Drywall does not dry well. In most cases, the parts of your dry wall that got wet need to be cut out and replaced immediately to prevent mold.
- If the ceiling is plaster, it will be easier to save because it is an inorganic material and cannot grow mold. If it is sheetrock, the paper on the back can easily be a source for mold. It is better to replace it.
For other safety tips regarding flooding, please check out our post on What to Do in Case of a Flood.
Repair Water Damaged Areas
Signs of water damage scare buyers away. Even if you make all the necessary repairs, if you do not repair the damage, buyers will assume the worst. They will fear what they can’t see.
In addition to replacing drywall and flooring where needed, consider painting everything white or beige before you sell your house. Not only do neutral colors appeal to buyers because they can better imagine how they would sue the space, but it will also make the interiors look clean and fresh.
Your goal should be to make the space look as pristine as possible, to assuage any fears regarding water damage and past flooding. Water damage can be intense, but it’s not impossible to fix.
Hire An Inspector to Comfort Buyers
One way to get the highest price possible for your water damaged house, whether or not it is repaired, is to pay to have the property inspected. An inspector can identify signs of water damage and inform you where your potentially problem areas lie for water damage in the house. Knowing exactly what is wrong will give you an upper hand because the repair estimates (or lack thereof) will not be debatable. They will be a known factor.
If repairs are needed, obtain an estimate for water damage repairs. Contact a contractor to provide you with an estimate, and provide the contractor with a copy of the home inspector report. For yours and the buyer’s peace of mind, you might consider contacting more than one contractor to make sure the estimates are accurate, and to give you a better understanding of the scope of work and costs involved.
Sell The House Fast As-Is
If you find yourself without insurance, or unable to make repairs for any reason, then you can still sell the property. All you have to do is advertise that the house is being sold as-is, and buyer will know to expect that the house needs repairs. Some water damage is not uncommon in as-is properties.
While you can certainly use an agent or sell the property yourself, the best option when selling as-is is to use a home buying company such as Big State Home Buyers. In many cases, Big State can direct you towards resources that can help you clean the house. They will also handle other issues such as title processing and closing, so that you can simply focusing on starting your new life in a new residence.
For more information, or a no-obligation cash offer on your house, call 713-909-4119.