We have quite a risk of flooding in many areas of Georgia. Even homes on high elevations are at risk of water damage from plumbing and appliances, or poor drainage. In this article brought to you by Tidal Wave Restoration, we will go over some things to consider when buying a home with water damage. We are not here as experts on home value or predicting the future, but we do offer water damage restoration services. So, we have a good understanding of what comes with water damage.
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Water is an incredibly powerful element. It is responsible for the Grand Canyon after all. A slow yet steady stream of water can carve through most obstacles in its way. If a property was water damaged, then you should be sure that the damage was promptly addressed, thoroughly repaired, and well-documented.
If the home seller does not have documentation on the water damage, then that is an immediate red flag! If they do have paperwork, then ask to make copies for themselves and schedule a professional inspection. You can compare the previous paperwork to the current results to get an understanding of any deterioration from the water damage.
Thinking forward, you are also going to want to consider the cost of your property insurance premium. Surely, a building that has experienced water damage will pay a higher premium than a building that has not. Purchase the right insurance policy to cover future damage.
Water damage is not the end of the world. There are many solutions in today’s world that were only science fiction in yesterday’s world. Specialists like those at Tidal Wave, for instance, use handheld gadgets to quickly inspect for hidden leaks and other hidden water damage. There are also minimally invasive repair techniques, with more thorough and long-lasting results.
Consult with a contractor to learn what it will cost to repair and remediation the water damage. Tidal Wave Restoration does offer water damage restoration services. Call us anytime to schedule an appointment in the Atlanta area.
By now, you have probably had many conversations involving names, numbers, fractions, and interest rates, but don’t take anyone’s word for anything. Get all claims, reports, inspections, and even conversations in writing if possible. There is a lot at stake after all!
The home seller knows that they have a rotten product for sale. You are taking a big risk off of their hands. Consider the cost of repairs, potential repairs, increased insurance premiums, inconveniences, and so forth when negotiating the price. You should NOT be paying “market price” for a comparable property with water damage.
Tidal Wave Restoration is a professional establishment offering emergency disaster repair services in Atlanta and surrounding areas. Call us anytime for water, fire, smoke, or sewage damage repair and restoration. We also offer damage cleanup services, and we offer free price estimates upfront.