Every 24 seconds, a fire department somewhere in the U.S. responds to a fire. While fire incidents have declined since the 1970s, the National Fire Protection Association (NFPA) reported 356,500 home structure fires in 2020 alone—causing more than $8.4 billion in property damage. If you or a loved one has experienced a fire that left your home severely damaged, moving forward might be a vital part of your healing. But selling a fire-damaged house in Lubbock can feel overwhelming after such a traumatic event.”
SELL YOUR FIRE DAMAGED HOUSE IN LUBBOCK!
If you have a fire damaged house… this is for you!
We understand that selling a fire-damaged house can be extremely difficult — with high repair costs, city approvals, and countless other obstacles standing in your way.
At Electrum, we buy houses AS-IS, fast, and FOR CASH — so you can take back your freedom without the stress and delays of a traditional sale!
Contact us today and get your cash offer in less than 24 hours!
How To Sell a Fire Damaged House?
If a house fire leaves behind only minor, cosmetic damage, a real estate agent might suggest a quick fix like a fresh coat of paint. However, it’s important to think beyond appearances. Legally, you’re required to disclose any fire, smoke, or water damage to potential buyers. In many cases, buyers will request a specialized inspection to confirm that the damage was fully addressed and that the home is safe and move-in ready.
For some homeowners, listing a fire-damaged property with a traditional agent may not be realistic due to the severity of the damage. Fire, smoke, and water can compromise a home’s structure, and safety becomes a major concern when considering repairs. If the cost of restoring the property is too high, selling as-is to a direct cash homebuyer like Electrum could be the most practical solution. We make it possible to move on without the burden of costly repairs or drawn-out listing processes.
Restore Or Sell As-Is?
When it comes to selling a fire-damaged home in Lubbock, homeowners generally have two main options: restore the property and list it with a real estate agent, or sell it as-is to a cash buyer. While listing with an experienced agent might seem like the best way to get top dollar, the reality is that you’ll likely face long wait times for a qualified contractor to begin the extensive repairs needed to restore a fire-damaged property
Even after restoration work is finished, you could face additional delays while waiting for the city to conduct inspections. If any code violations are discovered, you’ll need to wait even longer for your contractor to make the necessary corrections before the property is officially cleared for sale. This extended timeline can add stress and uncertainty to an already challenging situation.
Between costly repairs, required inspections, and navigating local licensing and code regulations, selling a fire-damaged home can quickly become a time-consuming and expensive process—with little guarantee of a worthwhile return. Even if your insurance policy covers the cost of repairs, it may not include alternative housing while you wait for the work to be completed and the home deemed livable again.
For many homeowners, covering out-of-pocket expenses for repairs, inspections, and temporary housing simply isn’t feasible. If you’re in this situation, a fast and straightforward sale of your fire-damaged home may be the most practical and stress-free solution
Get an offer today, sell in a matter of days.
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Tips For Selling a House with Fire Damage in Lubbock
Explore Your Selling Options
Have you recently experienced a fire and are now exploring your options for selling your damaged property? Whether you’re considering a stress-free, as-is sale to a direct homebuyer, or you’re weighing the time and cost of restoring your home for a traditional market listing, it’s important to understand the pros and cons of each path. Below, we break down your selling options so you can make the best decision for your situation.
Clean & Restore The Home
If your home has suffered major fire damage, the idea of investing time and money into repairs can feel overwhelming—especially after such a traumatic experience. However, for some homeowners, restoring the property can be financially rewarding. By cleaning up and completing the necessary repairs, you can significantly boost your home’s market value and position it for a higher sale price. A fully restored, move-in ready property attracts more buyers and increases your chances of sparking a bidding war, which can drive up the final sales price. With the right real estate agent by your side, you’ll also gain access to valuable networks and early buyer interest—even before the home hits the MLS—potentially shortening the time your property spends on the market.
However, restoring a fire-damaged home for a traditional sale can be an uphill battle. Legally, you’re required to disclose the property’s fire history to all potential buyers—and that alone can raise red flags. Even after investing significant time and money into repairs, many buyers may still be hesitant to move forward once they hear ‘fire damage,’ causing your home to sit on the market longer than expected. During that time, you’re responsible for covering all holding costs, including mortgage payments, insurance, and utilities. If the market shifts and property values drop, there’s a real risk that your investment won’t pay off, potentially leaving you in deeper debt than if you had sold directly to a real estate investor who specializes in buying damaged homes.
Repairing A Fire Damaged Home
Homeowners who invest heavily in repairs and upgrades to make a fire-damaged property safe and livable may unintentionally make their Lubbock home less appealing to real estate investors. Direct homebuyers and investors typically seek discounted properties they can renovate themselves for future resale. They rely on their own trusted teams of cleaners and contractors—experts who specialize in fire, smoke, and water damage. Unlike the average homeowner, investors don’t face long wait times for repairs, thanks to their established networks. Companies like Electrum, experienced in handling major restorations, can complete work quickly, up to code, and tailored to their standards—allowing them to flip the home efficiently and profitably.
Disclosing Fire Damage To Potential Buyers
When you sell to a cash homebuyer with experience in fire-damaged properties, you won’t need to spend a dime on costly repairs for smoke, fire, or water damage. In fact, there are investors in Lubbock who specialize in buying fire-damaged homes just like yours. These buyers understand the complexities of restoration and are equipped to handle whatever issues may arise. They’re also prepared to work on your timeline, offering fast closings so you can move on with your life. Because direct buyers use their own cash—not bank financing—you can skip the delays tied to mortgage approvals and close on your property as quickly as needed.
Of course, there are trade-offs to selling your home as-is to a cash buyer. One of the biggest drawbacks is that you likely won’t receive full market value—unlike if you had restored the property and listed it with a traditional real estate agent. The pool of buyers interested in fire-damaged homes is relatively small, which limits your ability to negotiate a higher price. As a result, you might miss out on a potentially greater return if you had invested the time and resources to fully repair and market the home later.
In the end, only you can decide which path is right for your situation. Do you want to avoid the stress, cost, and delays by selling your fire-damaged home as-is to a trusted professional like Electrum? Or are you prepared to invest the time, money, and effort to restore the property yourself in hopes of securing a higher sale price down the road? Whatever you choose, make sure it aligns with your timeline, resources, and peace of mind.
Can You Sell a House with Fire Damage As-Is?
Yes, you can! With a direct cash home buyer you will:
- Never have to spend any money for inspections and repairs.
- Save yourself hours of time and stress by selling directly to Electrum. We’ll handle it for you!
- You won’t be on the hook when the house is sold to a traditional buyer. Once you sell the property to us, it’s our problem to deal with.
The Quickest Way to Sell a House After a Fire
Selling Your House to A Cash Home Buyer
“Don’t want the hassle of restoring a fire-damaged property? Prefer to avoid the stress of managing contractors while you focus on rebuilding your life? Selling your home to a trusted, reliable direct buyer may be the solution you need. While you might not receive full retail value for your Texas property, you also won’t have to worry about a single repair, inspection, or delay—just a straightforward sale that helps you move forward with peace of mind.
Working with a Real Estate Agent
Getting top dollar for your Lubbock home is possible—even after fire damage—if you’re willing to invest in the necessary repairs and upgrades to bring the property up to code. But before you commit, consider whether you have the time to wait for contractors and renovations to be completed, and whether the final sale price will justify the investment. Don’t forget: your agent’s commission, closing costs, inspections, and any buyer-requested fixes before closing will all come out of your pocket.
Selling Your Fire Damaged House For Sale By Owner
Thinking about saving on commissions by selling your home yourself (FSBO)? Be aware that Lubbock has strict fire damage disclosure laws for selling residential properties. As the seller, you’re fully responsible—both legally and financially—for meeting all disclosure requirements and ensuring the paperwork is accurate and complete before closing. Missing any step could leave you exposed to liability and costly legal consequences
Sell Your Fire Damaged House Today!
After a house fire, one of the first and most critical steps is assessing the damage as soon as it’s safe to do so. Structural issues may stem not just from the fire itself, but also from smoke and water used to extinguish the flames. When you file a claim, your insurance company will send an adjuster to inspect the property. This professional will evaluate the full extent of the damage and determine what your policy does—and doesn’t—cover.
At this stage, many Lubbock homeowners who’ve experienced a devastating fire are hit with a second shock—finding out their insurance won’t cover all the repair costs. If your policy falls short, or if you simply can’t afford—or don’t want—to pay out-of-pocket for professional cleanup and repairs, you’re not alone. In situations like these, selling your fire-damaged home directly to a cash buyer or real estate investor like Electrum may be the most practical and stress-free solution.
Contact a real professional–Electrum | 806-630-0875
Get your cash offer today!
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