If you want to sell your home in as-is condition, you can seek out a cash buyer, but there’s no guarantee that it’ll be a fast sale. If you’re looking for a speedy transaction, you can try HomeLight’s Simple Sale platform.
With Simple Sale, you can get an all-cash offer in as little as a week, and you could have cash in your hand in as few as ten days without worrying about doing any repairs or being on the hook for prep costs, agent commissions, and other fees.
5 steps to selling a house with fire damage
If you’re not pressed for a fast sale and want to hire a real estate agent to sell your home, you’ll want to follow these five steps to selling a house with fire damage.
1. Restore the home to its original condition
Restoring your home to its previous condition can get expensive. According to HomeAdvisor, repairing fire and smoke damage can cost between $2,975 to $40,956, and the national average sits around $21,531 for a total repair. Larger fires that destroy a kitchen or cause significant damage to the roof can cost $15,000 to $25,000 per room to repair.
Keep in mind that these costs are going to depend on a variety of factors like:
- The extent of fire damage.
- Water cleanup.
- Cleanup from fire extinguishers.
- Soot removal.
- Smoke damage.
Before doing any work to your home, you’ll need to contact your insurance adjuster or representative. They’ll go over your policy and let you know what is covered and how much you’ll have to pay out of pocket.
Luckily, most insurance policies cover fire damage, with some exceptions such as arson and a negligently maintained structure. Insurance may also cover lodging expenses while you repair your house and any damage the fire may have caused to your neighbors.
