Opting For The Short Sale Route – Selling Fire & Flood-Damaged Homes
Fire and flood-damaged homes can be a hard sell especially if you are selling it via traditional methods. In fact, it would be much easier for a house to be sold if it’s completely destroyed than partially damaged as insurance companies will at least partially compensate you based on the value of the property. On the other hand, insurance policies can be very tricky when it comes to dealing with water-damaged properties. Consider this: If a home in good condition will take months before it can be sold, how much more for a property that is ruined by fire...
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