According to recent data from NFPA, there are more than 350,000 house fires annually in the United States. These fires displace thousands of people and cause unthinkable financial hardships. But, if a house doesn’t completely burn to the ground, it may be salvageable in some shape or form. If your house suffers fire damage, you have two options: pay to repair the home, or sell it. Many homeowners prefer to sell their homes, especially since remodeling a house with fire damage is a costly and lengthy endeavor. If you have fire damage in Huntsville, Alabama, you may wonder, “what are my options?” Fortunately, there are various ways you can sell properties in Huntsville with fire damage.
Let’s explore the best approaches to selling your house in Huntsville.
The Cash Buyer Method
Selling your home to a cash buyer, such as RHED Key Properties, is one of the most effective ways to sell your house in Huntsville with fire damage. We buy houses in Huntsville, AL, and we make it a breeze to get cash for your home. Our team has over 30 years of combined experience in the real estate industry, and we have made dozens of cash offers to Alabama homeowners.
If you use the cash buyer method, you don’t have to make any repairs or pay closing costs or hidden fees. There are no obligations, and working with our team doesn’t cost you a penny. We truly buy homes in “any condition,” including fire-damaged properties! Choosing to sell to RHED Key is undoubtedly the quickest way to sell your house in Alabama.
Are There Alternatives to the Cash Buyer Method?
There are a few alternatives to the cash buyer method. However, these options aren’t typically as favorable. Putting your home on the MLS with a realtor is one option. You’ll have to list the house “as-is” and disclose all the damage. As you can imagine, you’ll need to list the home at a steep discount. Once the home sells, you must pay the realtor commission, closing costs, and other fees. And don’t be surprised if your home sits on the market for a while since buyers can’t get traditional lending to purchase a home with fire damage.
If you don’t want to go the realtor route, you can list your home for sale by owner (FSBO). An advantage to listing a home FSBO is that you can avoid fees charged by realtors. Nonetheless, selling your home FSBO can take much longer than selling it with a realtor. The cash buyer method is the quickest way to sell a home with fire damage.
Why Choose RHED Key?
Selling your home to RHED Key couldn’t be easier. We’re committed to making a difference by rejuvenating neighborhoods in Huntsville. Our team gives competitive cash home offers in Alabama and sells homes in move-in-ready condition. Best of all, you don’t have to worry about open houses, realtor commissions, and the other headaches associated with the home-selling process. Please contact us today if you want to learn how to sell your home in Alabama for cash.
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