One of the worst types of damage that can happen in your home is water damage. Water damage is especially formidable because it can ruin everything from personal belongings like clothes or furniture to major structural elements like the flooring or foundation of your home. Depending on how extensive the water damage in your home is, repairing everything it ruined can be very expensive and may not be a viable option for you.
Salvage What You Can
The negative effects of water damage can multiply rapidly if a leak or burst pipe is not caught quickly. This is because the moisture from large pools of water or even small drips can cause increasing warping and spreading mold. As soon as you become aware of extensive water damage in your home, you should stop the leak if possible or shut off the water completely. Salvage what you can of your belongings or the home’s structure. Try to separate waterlogged or moist items from dry ones since moisture will only continue to spread if allowed to.
Evaluate Repair Costs
After assessing what can be salvaged and what is lost, evaluate how much it would be to repair or replace things around your home. You could start by making a list of things that must be repaired or replaced in order for your home to function properly. Then make a list of things that would be nice to fix but aren’t necessary. Assess your current finances to determine whether you can pay for all the necessary repairs.
Sell to a Cash Buyer
If you are not able to finance all of the repairs or don’t want to follow through with all of them, another option you have is selling your home to a cash buyer. Cash buying companies are willing to buy your house completely as-is. No repairs, even to fix serious problems like water damage, are required to sell to a cash buyer.
Dealing with water damage can be a long, frustrating, and expensive process. If the damage is extensive enough, you may not even have the financial means to fix it. Luckily, cash buying companies will pay good money for your home even though it is damaged.
If you are feeling overwhelmed with all the repairs needed to make your home livable again, consider reaching out to Simply Sold here to learn about selling your home for cash. Instead of having to deal with the water damage yourself, you can just hand over your home to a willing buyer as-is.