If you’re a homeowner in Florida, there’s always a reasonable chance that you will experience flooding damage at some point. When it does happen, it can be devastating. The process can be very strenuous. Regardless, the water and mud has to be removed from the home, cleaned, and then repaired. Some people after a flood don’t have the time or resources to fix everything so quickly, and if you were trying to put your house on the market, flood damage can present a real challenge.
Before you think about selling your house after a flood, you need to consider whether or not you’re going to invest the time and money for repairs; or sell your home as-is hoping for the best. No matter what you decide, Sky Equities LLC is here to give you advice on what you should do when you find yourself in this situation.
Assess the damage
The first thing you will need to do after a flood has hit your home is assess the damage that has occurred. If the flooding was severe, you might need to have a FEMA inspector come out, but this depends on your flood insurance policy. Nonetheless, you’re going to have to know precisely how much damage you need to clean up. You’re going to want to check for any structural damage to ensure that your home will be safe to live in.
If you’re able to get into your home, you should begin by removing all the wet fabrics and furniture pieces and leave them out to dry immediately. Also, if there is any food that survived and resided in the pantry or cupboards be sure to remove those items because by that point they could be contaminated and cause illness.
The process of having to scrub everything will be tedious and straining, but something that needs to be done for you to see the full extent of the damage. From this, you can gather the information you need to decide whether or not it’s going to be worth the investment to make repairs or sell as-is. Having things cleaned up as soon as possible prevents further damage and provides the opportunity to your potential buyers to see your home at its best.
Sell as-is or do repairs
After you assess your damage, you then have to figure out what your next move is going to be. Depending on how much water damage you have, fixing your repairs can become extremely costly since your walls and drywall might have to be replaced. Most people have flood insurance so those costs will be covered by insurance. However, that means you will have to hire contractors and to relocate somewhere else while those repairs are being fixed. This can lead to more upfront costs than you originally planned for, especially, when it comes to significant structural damage. These repairs can take up to months before they are sufficiently complete and your house becomes liveable again.
If you have the time and resources to wait out for the repairs to be done, then this option could be beneficial to you. Having a house redone will look more appealing on the market. Although, if your budget doesn’t allow for that much time then the best choice might be to take a cash offer and get out of your flood-damaged home as quickly as possible. If the flood damage is too extensive, then as a homeowner, who is tight on resources the quick cash offer will be the best solution to lessen your financial burden.