In the year 2019 there was a reported $14.8 billion dollars worth of fire damage of property in the United States. If you have suffered from a home fire you might be considering what you need to know about selling a house with fire damage or reaching out for house fire victim assistance. Read below for 7 tips and resources for house fire victims.
What to do immediately after a house fire
A house fire is an event which most homeowners are not prepared for, both emotionally and financially. If you are unsure what the first steps to take after finding yourself a victim of a house fire then start with this simple checklist to ensure your safety moving forward:
- Get permission from the fire department before re-entering your home.
- Call your homeowners insurance to begin the claims process
- Contact your utilities providers and possibly request emergency shutoff service.
- When you are able to go into your home again & document all the property damage in notes and pictures.
- Get an official report from the fire department for your insurance company.
- Open all the windows to help clear smoke from the rooms and reduce smoke damage.
- Empty the fridge and freezer since your power could be temporarily shutoff.
- Hire a fire restoration specialist to provide an estimate on costs for cleanup and repair.
House Fire Victim Assistance with No Insurance
Often the first line of help for house fire victim assistance, the Red Cross has a mission to provide helps during disasters, including single-family house fires. The Red Cross is able to quickly take action to aid you whether you are in need of shelter or food and clothing. All across the United States the Red Cross responds to a home fire or other disaster every 8 minutes. They are prepared to help in unique situations too, even providing cleanup kits for smaller house fires that allow you to stay in your home.
When the fire department is notified of a house fire they will often reach out to the Red Cross on your behalf. You can also look up your local branch and call them yourselves to receive timely Red Cross house fire victim assistance.
Federal Emergency Management Agency Help
Unlike the Red Cross (a privately funded charity), the Federal Emergency Management Agency, FEMA, is a part of the US government. To receive house fire victim assistance through FEMA you must have incurred the fire damage due to a tornado, earthquake, wildfire or hurricane.
If that situation applies to you then reaching out to FEMA could be helpful for providing possible housing solutions and even mortgage assistance. Other possible types of assistance include help for repairs and financial assistance. You can reach this agency at 1-800-621-3362.
Fire Damage Insurance
In the event of a home fire you’ll always want to reach out to your insurance company. Many types of home insurance include reimbursement for property damage and losses sustained from the house fire. Depending on your policy your insurance may also help pay for damage to structures not attatched to the main home such as sheds, garages and fences.
Insurance companies are used to dealing with disasters such as this and can point you in the right direction when it comes to receiving aid and house fire victim assistance.
If your fire damage has you considering selling your home, here are a some more tips to consider:
The Cost of Selling a House with Fire Damage
If you need to sell your home after it’s been damaged in a fire you can choose to either sell the house as is or make the necessary repairs first. While selling your house with its damage is a simpler solution for you as the seller, it could result in a much lower sale price for you. You’ll have to determine if the money and time you save on repairs is worth the loss of return on your home sale.
Just as you, the homeowner, find the thought of repair after a fire to be daunting or overwhelming, so too would the average house buyer. If you were to spend the time to repair your home before listing then you have the potential of getting a fair market price for your home without too much difficulty.
When to Sell a Fire-Damaged House As Is
Not all fires cause widespread destruction in a home. If your fire was small and only affected a small portion of the house then you have the potential to go ahead and sell the house as-is without as big of a financial loss.
If you are in a financial situation where paying for the home repairs yourself is prohibitive then listing the home with fire damage might be your only option. Another scenario where selling a fire-damaged house as is would be possible without a huge monetary loss would be if you received a large payout from home owners fire insurance. That payout combined with the sale of your home might make up the difference of any loss in sales price due to fire damage.
How to Sell a House With Fire Damage
Be up front about your fire damage with potential buyers. Make copies of the documents pertaining to the fire and be transparent with your agent and potential buyers about the extent of the fire damage. Make sure you detail the damage and any steps taken to repair the damage on the property disclosure statement as well.
If you decide to sell your home with damage, reaching out to a us. We are a non-traditional buyer and your top rated, local Utah house buying company! We will buy your house in any condition, saving you the fuss of making the home repairs yourself, while trusting you’ll get an honest and stress-free cash offer on your home.