If you’re dealing with a flood-damaged home in Washington, D.C., you’re likely facing a whirlwind of repairs, insurance claims, and concerns about a reduced selling price. The good news is that you have options and can still sell quickly if you take the right steps. Start by thoroughly assessing the damage—even if the house looks dry, hidden issues like mold, structural damage, and compromised electrical systems may linger. Once you understand the scope, decide whether to make repairs or sell the property as-is, considering the cost, time, and stress involved in renovations. Remember, D.C. law requires you to disclose any known flood damage, even if repairs have been made, to avoid future legal trouble. Pricing the property appropriately is critical; working with a local real estate expert can help you find the right balance to attract serious buyers without undercutting your home’s value. Market the property to the right audience—cash buyers, investors, and renovators often specialize in homes needing significant repairs. In many cases, selling to a reputable cash buyer is the fastest, most straightforward route, as they purchase homes as-is and handle much of the closing process. With the right approach, you can move forward confidently, even after flood damage.
source: https://www.expresshomebuyers.com/blog/selling-a-house-with-flood-damage-in-washington-dc/
Comments
Download this infographic.