RE/MAX Real Estate Insights

Buying or Selling a Storm Damaged Home


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Summer storms knocking out power can be inconvenient, but what happens when the home you are buying or selling becomes damaged by storms? We discuss what sellers should do in the event their home is storm damaged while on the market and in a word it is: disclosure. Sellers want to be sure to disclose any damage that was done and what repairs and remediation was done to the home. We share the options available to buyers and that ranges from walking away from a deal to negotiating and working with the seller to see the deal through. We also talk about what causes flooding in homes and what a homeowner can do to help protect their home and the role local municipalities play in preventing flooding.
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RE/MAX Real Estate InsightsBy 1130 WDFN The Fan (WDFN-AM)

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