Frequently Asked Questions

Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.

Q: How do you determine the price to offer on my house?

A: Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses Columbia that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.

Q: Do you pay fair prices for properties?

A: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another home owner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)

[DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself. Head on over here download your free guide →]

Q: How do you determine the price to offer on my house?

A: Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.

Q: Are there any fees or commissions to work with you?

A: This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking all of the risk here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and it’s payments… and often with cash in your hand).

Q: How are you different from a real estate agent?

A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).

Q: Is there any obligation when I submit my info?

A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.

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Tips for Selling Storm-Damaged Homes

Tips for Selling Storm-Damaged Homes

November 30, 20237 min read

Introduction

So, your home has been through a storm, and it's seen better days.

Whether it's wind damage, flooding, or other weather-related issues, selling a storm-damaged home might seem daunting.

With the right approach and a bit of know-how, you can turn those storm-related troubles into a triumphant sale.

Here Are The Tips for Selling Storm-Damaged Homes


1. Safety First
Before you start thinking about selling, prioritize safety. If your home has structural damage or safety hazards, address them immediately. Ensure that the property is safe for potential buyers and anyone involved in the sale process.

2. Assess the Damage
Take a thorough inventory of the storm damage. Document the affected areas, including photographs and descriptions of the problems. This documentation will be crucial for potential buyers, inspectors, and insurance claims.

3. Contact Your Insurance Company
If you have homeowner's insurance, contact your insurance company to report the storm damage. They can guide you through the claims process and help cover repair or replacement costs. Be prepared to provide documentation and evidence of the damage.

4. Understand Your Insurance Coverage
Familiarize yourself with your insurance policy and the coverage it provides for storm damage. Knowing what's included and what's not will help you make informed decisions about repairs and pricing.

5. Get Repair Estimates
Obtain repair estimates from qualified contractors. These estimates will give you a clear picture of the costs involved in restoring your home to its pre-storm condition. You can use these estimates when discussing pricing with potential buyers.

6. Consider Repairs
Decide whether you'll make the necessary repairs before selling or sell the property as-is. Making repairs can increase your home's market value and attract more buyers. However, it requires time and investment.

7. Disclose All Damage
Honesty is essential when selling a storm-damaged home. Disclose all known damage to potential buyers. Providing full information builds trust and prevents legal issues down the road.

8. Price It Right
Setting the right price is crucial. Consult with a real estate agent or appraiser to determine a fair price based on your home's condition and the local real estate market. Be realistic to attract serious buyers.

9. Highlight Positive Features
Even in storm-damaged homes, there are positive features worth highlighting. Talk about the property's location, size, layout, and potential. A great neighborhood can be a significant selling point.

10. Professional Cleaning
Invest in professional cleaning to make your home presentable. Storm damage can leave behind dirt and debris. A clean and tidy property is more appealing to potential buyers.

11. Market Effectively
Utilize online platforms, real estate listings, and social media to market your storm-damaged home effectively. High-quality photos and detailed descriptions can help attract buyers. Consider creating a virtual tour or video walkthrough to showcase your property.

12. Network with Real Estate Professionals
Connect with real estate professionals, including agents, investors, and contractors. Networking can help you find buyers interested in storm-damaged properties and get recommendations for reliable contractors.

13. Be Open to Negotiations
When potential buyers make offers, be open to negotiations. They may want to discuss the price, repair credits, or other terms. Flexibility can help you reach a mutually beneficial agreement.

14. Consider Selling to Investors
Did you know that real estate investors sometimes like storm-damaged homes? Yep, they see them as investment opportunities. So, instead of going through all the trouble of fixing everything up yourself, you can sell your damaged home to one of these investors. A speedy and straightforward way to get your home off your hands.

These investors have experience dealing with damaged properties, and they often have the resources to handle repairs and renovations. Plus, they might even pay you in cash, which can be super convenient. So, if you're looking for a quick and hassle-free way to say goodbye to your storm-damaged home, consider selling it to a real estate investor. Passing the torch to someone who's ready to take on the challenge and turn your property into something great.

15. Legal Compliance
When you're selling your storm-damaged home, it's super important to follow all the rules and laws related to real estate. These rules can vary depending on where you live, so it's crucial to get familiar with them. One essential thing to know about is property disclosures. This means telling potential buyers about any problems your home has to the storm, like a leaky roof or a flooded basement.

Being honest about these issues is not only the right thing to do but also a legal requirement in many places. You also need to understand the rules about how you can advertise your home for sale. Some areas have specific guidelines about what you can say in your property listings and how you can market your home. So, it's like playing by the rules in a game to make sure everyone's on the same page and everything's fair.

16. Keep Records
It's essential to keep good records when you're selling a storm-damaged home. This means saving all the paperwork and information about repairs, what your insurance covers, and any agreements you make with buyers. Why? Well, having these records can be super helpful.

When you're talking to potential buyers, you can show them what work has been done and what still needs to be fixed. It helps them understand the condition of the house better. Plus, if there are any questions or disagreements during negotiations, having all the documents can clear things up. And it's not just for now; it's also handy in the future.

You might need these records for taxes or sell another house someday. So, remember, keep those papers safe, and you'll be in better shape when selling your storm-damaged home.

17. Understand Your Timeline
When you're thinking about selling your storm-damaged home, it's essential to think about your timeline. Are you in a hurry to sell, or can you take your time to find the perfect buyer? This timeline matters because it can influence how you price your home and how you handle negotiations.

If you need to sell quickly, you might need to be more flexible with your price or make some repairs upfront to attract buyers faster. On the other hand, if you have time on your side, you can stick to your asking price and negotiate patiently with potential buyers until you get a deal that works for you.

Understanding your timeline helps you figure out the best approach to selling your storm-damaged home. Whether you're in a hurry or have the luxury of waiting, it's all about finding the right balance to make the process smooth and successful.

18. Seek Professional Help

If you're ever not sure about anything when selling your storm-damaged home, it's a good idea to ask the experts for help. These experts include real estate agents, attorneys, and contractors. Real estate agents know a lot about selling homes and can guide you through the process, making it easier. Attorneys are legal experts who can make sure everything is done correctly and protect your interests.

Contractors can help with the repairs and renovations your home might need. They know how to fix things up the right way. So, if you ever feel stuck or confused, don't hesitate to reach out to these professionals. They have the knowledge and experience to help you make the best decisions and get the best results when selling your storm-damaged home.

19. Be Patient
When you're selling a home that's been through a storm and has some damage, it's important to remember that it might not happen overnight. Selling a storm-damaged home can take some time. You might face challenges and delays along the way, but that's okay. It's essential to be patient and realistic about it.

The good news is that the right buyer will come along if you stay committed to your goals. So, don't get discouraged if it takes a little longer than you expected. Keep working towards your goal, be patient, and in the end, you'll find someone who sees the potential in your home, storm damage and all. That is like waiting for the perfect wave if you're a surfer – it might take some time, but when it comes, it's worth the wait.

20. Consider Future Storm Preparedness
As you move forward, think about future storm preparedness. Invest in storm-resistant features and materials to reduce the risk of damage to your property. This proactive approach can provide peace of mind for both you and potential buyers.

In conclusion,
selling a storm-damaged home can be a manageable task with the right strategies and mindset. By prioritizing safety, being transparent about damage, pricing effectively, and leveraging professional assistance, you can navigate the process successfully. Remember that honesty, flexibility, and effective marketing are your allies in selling a storm-damaged property. With determination and the right approach, you can turn those storm-related troubles into a triumphant sale.

Tips For Selling Storm-Damaged HomesReal Estate
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We buy houses in ANY CONDITION. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call!

(803) 998-CASH

We respect your privacy. See our Privacy Policy.

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