If you were lucky enough to make it through an entire hurricane season without any damage or repairs needed, you are one of the lucky homeowners in Florida. The 2017 hurricane season was one of the most active with 16 on the record books so far and we are not done until December 1, 2017.
Estimated repair costs throughout the state of Florida are still climbing as true hard damage reports and insurance facts keep rolling in, and many insurance experts anticipate the damage can easily top $200 billion in recovery costs this year alone.
With an abundance of insurance claims and a shortage of qualified and reliable repair professionals, homeowners already experiencing a shortage on cash have a tough challenge to face… do they fight with the claims department or put a for sale sign up on the house hoping someone will give them a fair price and take the one proud investment off their hands. And that’s just considering that the homeowner has insurance, which many do not as premiums have continued to increase since Hurricane Andrew back in 1992.
Key discussion points to consider if you are still dealing with home damages:
- If your home is in a home owner’s association neighborhood, repair deadlines could exist.
- Negotiating with the insurance companies can be a long and costly fight. Consider talking to a Personal Injury Attorney as many specialize in fighting with the Insurance Companies on your behalf
- Check Home Advisors, Angie’s List, and the Better Business Bureau to determine who to trust with repairs
High deductibles can equal high out of pocket costs
What are the alternatives for homeowner’s when repair costs are high but budgets are strapped? Many alternatives exist for “sold as is” options within the real estate industry.
What can one expect when exploring this option, as many companies have hidden costs associated with the purchase of the property. Choose a company that has no commissions or fees. Understand if they are listing your home or buying it outright for a fair cash price.
We bring you this information to protect homeowners in a time of stress and uncertainty. Our company is here as a resource for homeowners who are not sure whether to stay in a home and deal with costly repairs, or sell for cash and move into a better housing situation based on their family needs.
Brought to you by: Purdy Buys Houses
Providing a win-win solution to help homeowners get out of the sticky situations… like Foreclosure, owning a burdensome property, probate, or anything else. At Purdy Buys Houses, we focus on providing you with a solution to your situation so you can continue to do the things you love.
If we can ever be of assistance and answer questions or walk you through how a “buy your home for cash” process works, please call us 321-243-2493. And be sure to check out our website for more details: www.purdybuyshouses.com .