Damaged House
What Damaged House means
Houses with significant damage — fire, water, foundation problems, mold, termites, structural issues — are difficult to sell on the traditional market. Most buyers can’t get financing, inspections kill deals, and repairs to make the house sellable would cost more than you’d recover. We buy houses in any condition for cash. Our offer accounts for the repair work, but you avoid the cost and time of doing it yourself, and avoid the months of holding costs while a damaged house sits.
When this is the right path
Homeowners with significant property damage they don’t want to repair, often after insurance claims have been settled or denied. May involve insurance proceeds being part of the deal structure.
How we help
- Buy houses with fire, water, mold, foundation damage — Buy houses with fire, water, mold, foundation damage
- No repairs required — No repairs required — we handle them ourselves
- Insurance proceeds can flow through closing if applicable — Insurance proceeds can flow through closing if applicable
- Avoid months of holding costs on a vacant damaged house — Avoid months of holding costs on a vacant damaged house
- Close even if the house isn’t livable today — Close even if the house isn’t livable today
Typical timeline
Most damaged house situations close in 14-45 days to close. The exact timing depends on your circumstances, the title company’s calendar, and any third parties involved (mortgage lenders, attorneys, courts in the case of probate or foreclosure).
What you avoid by selling for cash
| Traditional Sale | Cash Sale to Us |
|---|---|
| 3-6 months on market | 7-60 days |
| 5-6% realtor commissions | $0 commissions |
| Repairs to make it sellable | None required |
| Open houses and showings | None |
| Buyer financing falls through | Cash close — no contingency |
| Inspection-driven renegotiation | We do our own walkthrough |
| Closing costs on the seller | We pay closing costs |
Frequently asked questions
How does the insurance claim factor into the sale?
If you have an open or settled insurance claim, tell us upfront. Common scenarios: (1) Insurance has paid out and you have the funds — keep them as part of your net. (2) Insurance has paid out to the lender (still on the house) — those funds typically apply to mortgage payoff at closing. (3) Insurance claim is still pending — we either wait or buy ‘as-is’ with the claim still open and you keep any future payout. Each situation is different; we’ll work through it with you.
Do I need to disclose all the damage?
Yes — both legally and practically. We buy as-is but we still need accurate information to make a fair offer. Hidden damage discovered after offer often kills deals or forces re-negotiation. Full disclosure upfront leads to a faster, smoother close. Most states have material defect disclosure laws regardless.
Can you buy a house that’s been condemned?
Often yes. Condemned doesn’t necessarily mean we can’t buy — it means the house can’t be occupied until repairs are made. We handle the repairs (or demolition) ourselves. Some condemned situations involve municipal liens we’d need to clear at closing, which we work through. Send us the details and we’ll let you know what’s possible.
Get your cash offer for damaged house
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