Buying a house with water damage can be risky, especially if there has been mold and algae growth. Water damage is caused by many things like best pipes, water heater leaks, or rainwater. There might be other signs of water damage like cracking in floors and ceilings. Water damage should be examined by a water damage restoration specialist to make sure the problem is fixed. Should you buy a home with water damage?
Get a home inspection
You need to find out what the water damage is and if it is worth investing in the house. What caused the damage, a burst pipe, or a washing machine? How soon was the water removed and dried out if it was? Was the problem fixed and by who? Was there mold or was there remediation?
Find the answers and have your home inspected by a trusted home inspecting company.
Figure out the costs
If you are buying a house with water damage you will want a full detailed report of the home inspection to figure out the costs for repair. You should call contractors to get estimates for water damage repair, inquire at least 3 or 4 different contractors. Give them the report and make sure they have proper knowledge of water damage restoration. Also, be prepared to pay for any mold remediation that needs to be done. You will need the estimates to make any bids on the house because water damage can decrease the house value.
How to tell if a house has water damage
Water stains or spots
Weak surfaces or cracking
Wet areas
Dark stains
Wierd smelling odor
Get Quotes for home insurance
Home insurance is very important when a flood or other disaster occurs at home. Water damage restoration can be expensive and home insurance will cover the damage. You can get quotes from different companies online and in your area. Make sure to ask them what type of water damage you will be covered for. If you live in a high flood risk area you want to get additional flood insurance. You can ask the real estate agent for recommendations.
Finally, you can come to an agreement with the homeowner and sign the deal. Start the water damage restoration right away as soon as it's signed. If your house suffers from additional water damage contact Florida Coast Restoration Corp for water damage repair service. Waiting longer will only make the cost and damage worse for you. Once you find trusted professionals to restore the house you can move in.