Regardless of whether big or small, fire can be devastating to a home and the people who live inside of it. But just because your home has fire damage, doesn’t mean it’s unsellable. In our latest post, we will offer tips on how to sell a house with fire damage in Edmonton!
After dealing with a fire, a typical homeowner will often feel a bit shell-shocked and overwhelmed. Selling the house is often decided upon to escape traumatizing memories and to allow for a fresh start. Before signing up with a real estate agent and listing the house on the MLS, there are a few things you should consider first.
To Repair or Not To Repair
How much do you want to spend making repairs? Buyers on the MLS typically aren’t looking for fixer-uppers, especially not something with extensive fire damage. If you want to get the house in front of these sorts of buyers, expect to do some of the work first. When dealing with fire damage, it is important to be prepared for the things you aren’t able to see with the naked eye.
You could have structural damage, smoke damage, and other problems as a result of the fire. In some cases, homeowners will opt to tear the house down and start over, or cut their losses, sell the land and move on. Finding a local restoration company might be expensive, but oftentimes their services are worth every penny. They will provide a thorough cleaning and repair of the damaged areas.
Instead of attempting to list the house on the MLS, you have the option to sell the house to a private buyer such as Sunrise Home Buyers. We purchase homes in the Edmonton area, as-is. We can help with fire damage and other roadblocks sellers find themselves facing. When you sell directly to us, you won’t have to make a single repair to the house. You will be able to sell it and move on with your life! Does it actually work…selling to Sunrise? Watch some of our Edmonton home seller reviews and find out!
Sell Direct
By selling your house directly to a company such as Sunrise Home Buyers, you will be able to quickly and easily walk away from the home. We know that you might have painful memories, so we aim to make the process as quick and easy as possible. We will pay a fair price for your house, calculating the repair costs into our offer. This may be substantial based on the damage, but we are transparent with all our costs and calculations.
You won’t have to worry about finding a buyer, making repairs or having an inspection because we purchase as-is. We will take care of everything so you can move on with your life and put this tragic event behind you.
Experiencing smoke or fire damage to your Edmonton home can be devastating. Take your time after this tragic event and consider all your options.
Costs
The costs to repair a fire-damaged home will vary greatly. While insurance will cover many elements of the damage, you will still likely incur expenses you won’t be able to recover. Once your house has been damaged by fire, the repair costs are only the beginning.
You will need to pay for the house to be professionally cleaned and inspections to deem the house livable. If you decide to sell your fire-damaged house to us, as-is, the repair costs are factored into the offer.
Emotional Effects
After dealing with a fire in your house, there is bound to be a wide array of emotions. Make sure you take the time to fully weigh your options, without rushing into anything. Take your time. You certainly need a place to live but don’t take drastic action too quickly. This crisis MAY become an opportunity to move on to another neighborhood or even city. Ponder all your options.
And be sure to get the help you need to handle and emotional distress you might be dealing with. Then, and only when you are ready, deal with the next steps for your home.
Disclose Everything
If you decide to hire an Edmonton real estate agent to sell your house, it is critical that you disclose everything. Leaving something out can cost you! It is imperative all potential buyers know the history and condition of the home they are thinking about buying.