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Can I sell a vacant house after a fire.?

Asked By Joe | Taunton, MA | 1406 views | Buying | 2 years ago
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Semi-Pro
28 Answers
Josephine & Raj Sharma

Legacy Homes Realty

(140)

Yes, you can sell a vacant house after a fire. However, the sale of a house that has been damaged by fire can be more challenging than selling a house in good condition.

When selling a house after a fire, it is important to be transparent about the damage caused by the fire. This means disclosing the extent of the damage to potential buyers and being prepared to negotiate a lower price to account for the necessary repairs.

It may be helpful to work with a real estate agent who has experience selling homes that have been damaged by fire. They can help you navigate the process, determine an appropriate asking price, and attract buyers who are interested in purchasing a fixer-upper.
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Rising Star
13 Answers
Joe Battersby

EXIT Assurance Realty

(5)

You can sell anything! Just be honest with your agent when forming the listing!
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Rising Star
11 Answers
Michelle Hatfield

EXIT Royal Realty

Yes, you can sell a vacant house after a fire, but you may need to disclose that the property has suffered fire damage to potential buyers. In some cases, the fire damage may affect the value of the property and make it harder to sell. However, there are investors and buyers who specialize in purchasing distressed properties, including those with fire damage. It is important to work with a qualified real estate agent who can advise you on how to sell the property in its current condition and help you navigate any legal or insurance issues that may arise.
Person+ Person

William Raveis Real Estate

(15)

Yes, you can sell a house after a fire. The options typically are:

Sell it as-is to a cash buyer or investor who specializes in fire-damaged properties. This is fast and avoids costly repairs, but expect a lower sale price.

Repair the home first (if financially feasible) to attract traditional buyers and potentially get a higher price.

Sell at auction, which can be unpredictable but might spark competitive bids.

Key tips:

Get a realistic estimate of the damage and repair costs.

Be fully transparent about the fire damage and disclose it to potential buyers to avoid legal trouble.

Gather all important documents like fire reports, insurance claims, and repair estimates.

Working with a realtor experienced in fire-damaged homes can help navigate legal and marketing challenges.

Basically, selling a fire-damaged house is like selling a scorched sandwich—be honest about the burn, and the right buyer will still see the value... or just buy it "as-is" and move on
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Novice
1 Answer
Evelyn M Epperson

Virtual Properties Realty.com

(12)

Yes, sell it as is and for cash!

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