Options for Selling a Damaged Property
Thankfully, you have some options when it comes to selling damaged real
estate, whether it’s a home or a commercial property.
1. Sell it as a fixer-upper.
Selling a damaged property won’t bring in the kind of financial windfall
that you would get from a building in good condition, but that doesn’t
mean you have to lose hope. You could label the house a fixer-upper and
sell it “as-is.”
This may not be your first choice, but it is a valid strategy for moving a
property that otherwise won’t budge because of damage. Sometimes, buyers
are looking for a project they can tackle, and that can include repairing
buildings on their own.
2. Tear down the property.
It’s unfortunate, but sometimes the damage is just too great to repair.
This can mean that your best option is to tear down the building and sell
it for lot value.
This decision should not be made lightly! You should only take this step
if you have exhausted all other options.
3. Work with a qualified disaster restoration contractor to make
Disaster restoration contractors are professionals who know how to take
care of the aftermath of floods, fires, and other natural disasters. We
have the experience, tools, and equipment to completely renovate and
repair the damage that nature and accidents have caused.
Check out our gallery of completed work in the Billings, Laurel, and
surrounding South Central Montana areas to see the kind of total
restoration we can do!
If you choose to work with disaster restoration contractors like us here
at Alpha Omega, you don’t have to raze the property or sell it as-is.
Instead, you can repair the damage! That means selling the home or
commercial property for much more than you would get for a building that
needs a lot of repairs and attention.