Losing your job is a very tense and stressful situation after which selling your house becomes the only feasible option. The burden of covering insurance and mortgage stands to be the need of the hour. In such circumstances, you wouldn’t want to wait for the traditional home selling process which can take months or even years. If you want to learn about the topic of ‘How do I sell my house fast after a job loss?’ scroll down below to get the insights.

Selling your house to ‘we buy houses for cash’ company will help you in many ways especially when a financial crisis comes into play. Many foreclosures occur due to job loss and unemployment or homeowners’ lack of cash, which becomes a problem while you pay mortgage or insurance. As a fact, foreclosures can lead you to bankruptcy and you won’t be given any loan further as your credit score is affected.

Avoid the Hassles of Clean-Up and Repairs

In such tight constraints, it is almost impossible to give an aesthetic change to your house. Making physical changes or cleaning your house can be time – consuming whereas, staging your home can be extremely costly. Furthermore, it is difficult to find buyers who would buy your house in a traditional way. Here, you can get in touch with ‘we buy house as-is’ companies and they will take care of the rest. There is no need to spend a dime on de-cluttering of your house, staging, or improving the curb appeal, once you get in touch with them.

No Need to Listing Your House on the Market

Listing your home on the market requires a lot of time, the process can last up to many months until you have found a serious buyer. People end up hiring a real estate agent which again is an additional cost while they have a naught budget. An Agent will always end up advising you to stage your home and make it presentable before you list the home on the market. Not forgetting, you will have to pay around 6% commission for the services they provide adding to the rest, closing costs and tax fees are the left-out aspects that round up the deal while closing.

You can also chuck the process of the walkthrough, as it typifies energy, money, and time consumption. It is a long process that doesn’t elude the havoc created by inviting strangers to have a look around your place. Showings additionally can hamper your timeline as well, instead of finding ways to achieve an income source you end up showing your house to strangers who’d hardly care to buy.  

Sell Your House Fast For Cash

Lastly, all you can do is sell your house fast for cash and save yourself from the frustration of the home selling process. Selling your house to Elite Properties can save a lot of your time and money altogether in one, how? We are a cash buying company which means we buy your house as-is without any commissions lying in the middle of the road. We propose you a no-obligation offer and buy your house at the current market value which means; only profit and no loss. We also pay the legal fees and closing costs. It is also advised you do some research around the neighborhood and get insights into selling your house. 

The most feasible option is to sell your house as-is to us, rest assured we’ll help you in this tough situation. Call us today at 718-977-5462 or visit us at Elite Properties.

Losing your home in a fire is a traumatic situation for any homeowner. Such situations can leave people in emotional and financial drainage. As the amount of loss is high and the scope of improvement is naught. The amount of tangible destruction that these items cause to the property is devastating. In such instances people often tend to ask the question, how do I sell my house fast with fire damage? First off, ask yourself a question do you want to repair and sell your house? Or sell it directly to a cash-buying company?

Fire damage can be a serious thing to tackle as nobody is prepared for the later consequences of the loss. The destruction caused can be to such an extent that homeowners prefer selling fire-damaged property rather than spending dollars on repairing it. First off, get a home inspection complete to get the actual worth of your property post-accident. Once you know the value and the percentage of damage you can calculate the amount required for improvements. As you have chosen to sell as your option you can list your property by yourself which will evidently cost a lot. Else, you could sell your house as is to a cash buying company and save yourself thousands of dollars and time.

How to Sell Your Fire Damaged House Fast?

Selling a house with fire damage could be difficult but companies that buy houses in any condition make everything easy. These companies do not ask you for any legal documents for closing the deal. Although, it is important to keep a copy of your insurance, claims, police reports, and repairs that you made. Selling a house as it slashes many hassles of paperwork and saves you a lot of time and money inclusively. We buy houses companies like ‘Elite Properties’ buy your house for cash in any condition.

As stated above choosing such companies will save you time as they close the deal within 3 days. Choose for yourself if you want to spend money on repairs and rehabilitation of your property or gain a cash offer by selling your house with fire damage. Selling your house in as-is condition will additionally provide you with the Fair Market Value of your house.

If you are thinking to sell a fire-damaged house, you need to do home improvements and home repairs to make it ready for sale. Scroll down below to follow the things that you should do –

Get To The Cleaning and Improvements

Repairing your home promises you a better sale but it also comes with a price. Relying on the ratio of the damage repairs can be relatively expensive or even unaffordable. If your home has gone through structural damage, you’ll be bleeding thousands of dollars from your pocket. Whereas internal damages can be less expensive. If the majority of damages are to claim you’ll only need a little amount to cure the burnt damage.

Fire causes extreme damage to the property, some damages leave the house in an uninhabitable condition. Although, it will work out if you have time and dollars to spend. A fire-hit house can set you back by 4,000 to 40,000 dollars minimum. The costs vary with the amount of damage caused, in most cases you might need to reconstruct the entire home which is double the retail value of the property. Additional costs will play a massive role in repairing the roof and ceiling if it had caught fire.

Furthermore, repairing requires a lot of your time which goes into monitoring the improvements. It takes a toll on your head if you hire contractors to do the needful and creates unwanted hassles. Here the best option to save yourself from the situation is to sell your house as is.

Isolate Damaged Items and Coordinate with Insurance Companies

An insurance claim can cover repair costs or can provide you with the payment for your new home. Although, they are certain restrictions and factors to assess, which don’t aid in anything but energy consumption and stress. As per the policies, some insurance companies might ask you to do proper documentation of the damage caused. You have to click pictures and write descriptions in detail for the inventory. Some mandatory things required to put on the list are –

• Model number
• Serial number
• Purchasing date of the item
• The amount
• A short description of the item

Fire damage claims are the top priority for insurance companies. The company sends an inspector to inspect the damages within a few days. The claims are processed. You should organize the documents promptly to avoid chaos. If you are providing the given details then it becomes easy for the company to document it and claim for the rest. 

There are three mandatory steps to claim insurance –

• Reporting of the incidence
• The company sends an insurer to evaluate the loss. You will get to how much you will be paid.
• Post the above step the company sends the check through the mail or transfers the amount directly to your bank account

With the ever-increasing fire damage property cases, it becomes crucial for you to thoroughly the fire insurance claiming / filing process. In situations where you need to empty the property quickly, you’d leave your vital items in the home. Here, you can urge the insurer to provide you with the advance amount from the insurance to cure the loss.

Find a Temporary Livable Place

As your home is not in a habitable condition you have to move out until the damages are cured. Such situations are really excruciating as you are already paying for repairs and rent just adds to the expense.

Selling Your House with Fire Damage

A cash home buying company might be your single source of receiving profit and getting rid of fire-damaged property with no improvements done. You do not require a realtor to sell your home for cash you can do it yourself and get provided with a no-obligation cash offer.

Although, if you choose the traditional way of the home selling process it is suggested to be prepared for a time and money-consuming course. If you are stuck with any other real estate-related crisis, Elite Properties New York will be at your rescue. Call us on the number given here 718-977-5462 to learn ‘How do I sell my house fast with fire damage’.