Heavy rains, flooding and natural disasters impact millions of Americans every year. In fact, 14,000 people experience a water damage emergency in their home or office EVERY DAY. A whopping 37% of homeowners have suffered financial losses from water damage, and an astounding 98% of basements in the United States will incur some kind of water damage during the life of the home.
Many who experience water damage wonder if they can just get out of their home altogether. The good news is you CAN sell a house with water damage and we’re here to show you how!
Average Cost of Water Damage
If you’ve recently had a water emergency at your home, here’s the average cost for repairs:
- Water Heater Leak: $3,600
- Water Heater Failure: $4,200
- Washing Machine Failure: $5,000
- Frozen Pipe Failure: $8,000
- Bathroom Fixtures: $10,800
- Appliance Leak: $13,000
- Bad Plumbing: $17,000
As for a flooded house:
- 1-4 inches of water: $7,800
- 9-12 inches of water: $19,000
- 18+ inches of water: $26,000
As you can see, repairing a water-damaged home can be an extremely costly endeavor.
What Are My Options?
We are often asked “can I sell a house with water damage the traditional way?” Yes, you can. However, it can be a daunting task.
After you spend thousands on repairs, several inspections will need to take place before it can ever be placed on the market. These inspections will also come straight out of your pocket, as will listing fees, realtor fees and closing costs. And what’s more, some lenders won’t even approve a buyer if they find out the home previously had water damage, meaning your house could be up for sale for several months, if not years.
So is there a better way? Yes, there is!
Home Sold In 7 Will Buy Your House With Water Damage!
You can sell a house with water damage quickly and easily with Home Sold In 7!
At Home Sold In 7, we buy houses as is, so you don’t need to make ANY REPAIRS to your water-damaged property!
Plus, you don’t have to hire any inspectors or real estate agents, or pay any commissions or fees! You can pick a closing date and get CASH for your water-damaged house FAST!
Don’t spend another day trying to sell your house with water damaged the traditional way. Contact the professional home buyers right here at Home Sold In 7 today!