Selling your home with water damage

Water problems can arise when you least expect them. Ignoring this problem may cause severe damage to your property over time. If you are thinking about selling your house, you might be worried about the serious problems water damage has caused your home. Can you sell a house with water damage? Check out our guide about water damage and how you can sell my house as is

Signs of water damage

Water damage goes unnoticed by many homeowners. They might not find out their home has water damage until it is too late or a home inspection is performed. Here are some common signs that homeowners can look for that indicate water damage: 

  • Discoloration on the ceiling or walls

  • Cracking or bubbling paint on walls

  • Puddles of water

  • Rooms smell damp or moldy 

  • An increase in utility bills

Common causes of water damage

Clogged gutters

Gutters on a house provide a way for water to roll off the roof and away from your home. If the gutters get clogged, this may pose a problem to your home. Never unclogging gutters  can lead to water damage. Water will start to build up on your home’s roof, damaging the shingles and wood in your roof, causing water to seep into your home.

Leaking pipes

Has your home ever experienced leaking pipes? If so, your home might have experienced some water damage. Although fixing a pipe is done quickly, many homeowners ignore repairing the damage it leaves. Leaky pipes damage floorboards, cause mold and mildew to grow and paint may start peeling. 

Faulty household appliances

Household appliances make everyday tasks easier. However, even these machines can fail and end up causing leaks in your home. Some common household appliances that may leak include washing machines, dishwashers, refrigerators and hot water heaters. Leaks from these appliances are preventable with regular maintenance. 

Storms 

The midwest weather is very unpredictable. The summers have strong thunderstorms, and the winters have snow-filled days. These storms may cause damage to your home. Strong winds and heavy rain can cause shingles to become loose or expose bare spots leading to water getting into your home. Heavy snowfall may also cause leaks into your home once it starts to melt.

Can you sell a house with water damage?

The answer is yes. If your home has any of the water damage listed above, you can still sell it. There are a couple of ways you can sell the home: make the repairs before listing or selling it to a company that buys houses. Which option is best for you depends on your circumstances. 

Repairing the water damage before listing

You have the option of repairing the water damage before listing your property. However, this process takes money and time. The cost of repairing water damage on a home ranges from $450 to $7,000, depending on the type of damage. Making repairs before the listing can decrease the chances of buyers walking away from a sale.

Selling your home to a company that buys houses

If you do not have the budget or time to fix your home’s water damage, consider selling your home to a company that buys houses, like us. These kinds of companies buy homes for cash. They buy houses with all kinds of damage like fire, storm and water damage. No inspections are required, and sales can close as fast as seven days.

Looking for a way to sell my house as is?

Call Best Price Homebuyers! We’re a local business helping homeowners sell their homes for cash. We buy houses with fire, termite, storm and water damage. Contact us to request your offer today.