Fire damage not covered by insurance

Fire damage not covered by insurance

When a tree fell on my home, it wasn’t covered by my insurance, then the roof was badly detrimentd, exposing the interior living space to the elements, then plus, a wall collapsed, numerous windows broke plus there were major complications with plumbing pipes plus electrical wires.

The necessary repairs were extensive.

I got estimates from a roofing business, plumber, electrician plus general business. As they added up, I realized there was no way my budget could cover the expense. I was unwilling to take out a loan plus make payments for the next ten or twenty years. I wanted to walk away from the responsibility of the property plus relocate, and living in AZ, there are so multiple beautiful areas. I was interested in moving closer to the town plus the endless amenities plus conveniences… However, selling a property that is uninhabitable is severely difficult, and very few shoppers can purchase a home separate from securing financing from a bank. The banks won’t agree to a mortgage on a property that won’t pass inspection or qualify for insurance. I’d heard about money home shoppers but constantly assumed it was for people in desperate situations, then considering the condition of my home, I was a bit desperate. It took only a few minutes to fill out plus submit the online form. I gained an offer within a matter of hours. The offer was absolutely lower than it would have been if I’d fixed everything plus listed via conventional means. I loved the simplicity plus expediency of the offer. The money homepurchaser eliminated realtor fees, inspections, financing plus all sorts of time-consuming concerns. They accepted the property as-is, plus I gained payment in full in approximately two weeks.

 

 

sell property with insurance cancellation