Selling Your Chattanooga House With Fire Damage
A house fire is a terrifying situation, and the aftermath of dealing with the damage and being displaced from your home is tough. Some people want to rebuild and some want a fresh start somewhere else. Whatever you choose, we hope you get back a space to call home as soon as possible.
If you are wanting to sell your home that was damaged by a fire, you do have options but you need to make sure you know what you’re getting yourself in to.
We buy houses in Chattanooga, even ones with fire damage. We buy 100% As-Is and won’t ask you to make any repairs. Not sure about selling to New Horizon? Let’s take a look at what exactly you may be up against when selling your home in Chattanooga with fire damage.
Should I Fix My Fire Damaged House Before Selling?
If you had a house fire and want to sell your house, you have two main options. You can repair the home or you can sell it “As-Is.”
Repairing the home will absolutely make it more marketable, with a larger buyer pool. However, it may take some time to finish the repairs and then list it on the market to sell. Many homeowners who have already been displaced don’t want to wait that long before they can finally sell and get back to normal. Fire damage repairs can also be quite expensive. Hopefully you get all that money back plus some profit when you sell.
How Do I Sell My Fire Damaged House As-Is?
Selling a home “As-Is,” of course, is often the easiest solution. You just have to find the right buyer who is willing to take on the risk. Fire damaged homes can be tricky to repair but there are home buyers who specialize in these type of situations. The great thing about selling your house “As-Is” is that you don’t have to fix anything. The buyer takes on all the risk.
What If My Insurance Company Is Paying For The Fire Damage?
If you have homeowner’s insurance and are getting a payout for the fire damage, you can use this money to make the repairs. On the other hand, you can also keep the insurance money and sell the house “As-Is” (be sure to pay off the mortgage if there is one). The combined proceeds of doing this can often equal what the house would have sold for at full market value without any fire damage.
Now, you can buy a new house and start fresh without having to wait to complete the home renovation and sell on the open market. This will allow you to get back to normalcy faster and is often the best scenario for homeowners who have experienced a house fire.
We Buy Houses With Fire Damage in Chattanooga, Tennessee
New Horizon Home Buyers is a local home buying company in Chattanooga, TN. We buy houses 100% As-Is in Cash. We can buy your Tennessee house (even with the fire damage) and handle all the hard work so you don’t have to. If you are dealing with fire damage and want to sell your house in Chattanooga, get your No Obligation All Cash Offer today.
Our selling process is 100% free. Even if you are unsure of what you want to do, I encourage you to reach out for a free offer on your house. You have nothing to lose.
“Erik and Jessie were really easy to work with. They were fair and honest negotiating the deal and made the whole process simple! Highly recommend New Horizon!”
Still Have Questions About Selling Your House?
Get A Cash Offer For Your House In Chattanooga
New Horizon Home Buyers pays cash for houses. Get Your Offer today. No obligation. If you accept, we can close fast and write you a check!