It is possible to sell your house after it is flooded.
By Linda Merrill, Networx
Selling a house these days is not an easy process. While things seem to be looking up in some regions, there are many areas of the country where the glut of houses up for sale make it a buyer's market. When buyers know they have lots of choice they can get very, very picky and every real and perceived flaw is noted. If your home experienced a fire, floor or other natural disaster, selling it down the road will be tricky indeed.
Assuming you're looking to get the best price you can, as opposed to unloading the property at any cost, you must first and foremost completely document the problem and then repair the damages. Certain repairs will require documentation as well so that you can prove that everything was done properly. Every state has its own laws regarding real estate transactions and required disclosures and anyone faced with this situation should do the research ahead of time to know what is expected of them.
Damages caused by an "Act of God"Read More »from Selling Your House After a Natural Disaster