Options for selling a storm-damaged home

Phoenix, Arizona experiences severe climate conditions.

Along with temperatures frequently soaring into the triple digits, there is the expectation of torrential rains, ice storms, hurricanes, tornadoes and haboobs. High winds, dust storms, monsoon storms and wildfires can be damaging to local homes. Serious roof damage often leads to water leaks, pest infestation and safety hazards unless addressed quickly. Sand storms have been known to chip house paint, undermine the roofing system and break windows. If an excessive amount of dust enters the home, it compromises air quality, harms electronics and undermines the efficiency of the HVACs system and other appliances. The cost of fixing any type of damage to the home adds up quickly. It can be difficult to find a reputable service company and get scheduled immediately. In emergency situations, overtime fees are excessive. There are situations where homeowners choose to walk away from the property rather than face stressful, time-consuming and expensive repairs or replacements. Unfortunately, a home in poor condition doesn’t sell. It won’t pass a home inspection and will fail to meet local safety requirements. Even a buyer interested in a fixer-upper will find it next to impossible to secure insurance or a loan. Where does that leave the seller who needs to unload the property quickly? The best solution in this case is selling the home to a cash buyer. This alternative to a traditional sale is becoming more and more popular across the Phoenix area. The steps are quick, simple and eliminate risk. Cash buyers make offers on the property as-is. There is no expectation for improvements. Filling out an online form and answering a few questions typically generates an offer within 24 hours. There is no obligation to accept. With no closing fees or realtor fees, the offer is very straightforward.

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