The aftermath of Hurricane Harvey has been devastating to those of us here in Houston, to say the least. Over the last few weeks, we’ve personally helped lots of people take out sheet rock, insulation, and flooring to help prevent mold from growing, as wells as helping pack what little belongings they didn’t lose to flooding.
If you’re one of the many people who has a hurricane damaged home, our hearts go out to you. And we definitely want to continue to help in whatever way we can.
There are some people who only had minor damage to their homes, and if that’s you, then it may be worth making the repairs needed to restore your home and selling it through an agent.
But if your house is severely damaged and you don’t have the money to rebuild or make repairs, you probably want to sell it fast, and that’s smart.
Why Selling Your Hurricane Damaged House Fast is Smart
Right after the last major flood we had here in Houston on Memorial Day weekend in 2015, the people that sold fast were able to get an average of $50k more than people that sold their houses six months later.
The reason is that people were relying on getting assistance from FEMA, and when they realized the amount of money FEMA was going to give them was minimal and wouldn’t cover anything close to actual repair costs, everyone decided to sell their flooded house at the same time.
So, with a ton of houses on the market at once, the supply was great but the demand was low, so prices dropped significantly and people lost an ample amount of money because they waited too long.
How to Sell Really Quick and Get the Most Money
Wondering how you go about selling a hurricane damaged house in Houston fast, exactly?
Here are the two things you need to do:
1. Prevent mold damage. The more mold damage you have, the less money you’ll get for your home. Remove all the water from your home. Take out all carpet and furniture. Remove wet drywall and the insulation behind it. Run fans, the air conditioner, dehumidifiers… whatever you got.
2. Find a professional home buyer who lives in the area. Yes, we’d love for it to be us, but if it’s not, that’s okay. The professional home buyer you do choose will assess the damage to your home and give you a fair cash offer.
They’ll close when you want to close, which can be as quick as seven days.
And the best part is, they’ll take care of all repairs and cleanup for you. They may even be able to offer assistance with moving costs.
Having your life uprooted by a hurricane is beyond hard. But being able to have cash in your pocket so you can move on quickly should help.
And if there’s anything we can do, beyond giving you a cash offer for your home, don’t hesitate to let us know.
We’re also happy to answer any questions you may have. Just give us a call at (832) 802 – 4575 or fill out the form below.