Flooded Home: Selling or Fixing
It will be incredibly difficult dealing with a flooded home. However, it is important to act quickly to protect your possessions and your financial future. It’s normal to think, “Should we repair it?” Or, would it make more sense to sell it? Let’s dive into the details so you can make an informed decision.
The financial cost of restoring a house after it has been damaged by water is often more important than the emotional toll. Did you have flood insurance? Your insurance may be either through a private carrier or directly through FEMA depending on where your property is on the flood map. What’s the difference? It is evident that there is a difference.(more…)