Sell Fire Damaged House Arlington – We Buy Houses

Sell Fire Damaged House Fast – We Buy Fire Damaged Homes for Cash

If you are selling a house with fire damage in Arlington, you may feel disturbed and unsure how to proceed. The good news is that you can sell a fire-damaged house quickly without pouring money into costly repairs. Cash House Buyers DFW is an expert in buying fire-damaged homes for cash, offering a fast, compassionate solution for Arlington homeowners. Here, we will explain how to sell fire damaged property as-is to a cash buyer and why our service is the best option – so you can move forward with a fair cash offer and peace of mind.

“Can I Sell My Fire Damaged House? Who Buys Fire Damaged Homes?”

Yes – selling a fire damaged house is possible, even if the house has extensive damage. Homeowners often assume that no one will want to buy a burned or fire damaged house, but some buyers specialize in these situations. Typically, traditional buyers using a mortgage shy away from fire-damaged properties because lenders require the property to be in livable condition. However, real estate investors and cash buyers are willing to purchase your fire-damaged house as-is. In fact, companies like Cash House Buyers DFW are in the business of buying fire-damaged houses directly from owners. You can sell a fire-damaged house in Arlington without making any repairs by working with a buyer who understands the property’s value despite the damage.  

What Challenges Will You Face Selling Your Fire-Damaged House on the Open Market?

Trying to list a fire damaged house for sale on the open market (through a realtor or by owner) can be an uphill battle. First, you’ll likely encounter fire damage restoration costs just to make the home presentable to buyers. Severe smoke, soot, and structural damage create a stigma that can scare off regular home shoppers. In fact, fire-associated stigma can drag down your home’s value and make it much harder to sell conventionally. Even after spending time and money on repairs, you must disclose the past fire damage to potential buyers, which may lead to lower offers or lengthy negotiations. Many traditional buyers also rely on bank financing, but banks often won’t approve home loans with unresolved fire damage or safety issues. All these challenges mean your fire-damaged property could sit on the market for months without a sale. The longer it takes, the more you continue paying property taxes, insurance, and maintenance on a home you may not even be living in. This is why many owners of fire damaged homes turn to a different route – selling a fire damaged home to a cash buyer – to avoid the headaches of the open market.

Should You Repair or Sell Your Fire-Damaged House As-Is?

After a house fire, you have two main options: repair the damage then sell, or sell your fire-damaged house as-is in Arlington. The right choice depends on your financial situation, time constraints, and stress level.

Repairing and restoring

Repairing and restoring the home means hiring contractors or a fire damage restoration company to fix structural issues, remove smoke odor, and make the house livable again. This route can be very expensive and time-consuming. Professional fire damage restoration costs tens of thousands of dollars on average – typically ranging from around $3,000 for minor damage up to over $50,000 for extensive repairs​. Many homeowners don’t have that kind of cash on hand, especially after dealing with the trauma of a fire. Even if insurance covers some repairs, you often pay a deductible and any costs above your policy limits. Restoration can take weeks or months, during which you’re handling contractors, insurance adjusters, and possibly living elsewhere. The upside of repairing first is that once the house is fully fixed, you could list it on the market and potentially get a higher sale price than selling as-is. However, remember you’ll also face realtor commissions, closing costs, and the unpredictable timeline of finding a buyer.

Selling as-is to a cash buyer

Selling as-is to a cash buyer is a faster, hassle-free alternative if you don’t want to invest in repairs. In this case, you skip the entire renovation process. You sell the fire-damaged house in its current condition and accept a cash offer from an investor who will handle the cleanup and repairs after closing. While the as-is sale price will factor in the cost of needed repairs (meaning you won’t get full market value as if the house were pristine), it can still be very reasonable. Plus, you avoid spending your own money on restoration. For many who can’t afford repair costs or want to be done with the property, selling the fire-damaged home as-is for cash is the smarter choice. You get to walk away with cash in hand and relief from the burden while the buyer takes on the restoration project.

How to Sell a Fire Damaged House As-Is for Cash

Are you looking to sell your ugly fire damaged house quickly and easily in DFW market? Selling a fire-damaged house “as-is” for cash is much simpler than a traditional home sale. Here’s how the process generally works: Look no further than our efficient and hassle-free three-step home sale process! With Cash House Buyers DFW, you can say goodbye to the stress and uncertainty of traditional real estate transactions.

Our team of experienced professionals will handle all the paperwork, allowing you to focus on what matters most – moving forward with your life. Don’t wait any longer – let us help you sell your house in Arlington fast for cash today!

Step 1

FILL OUT THE FORM

Fill out the form, and we will contact you to ask a few questions about your house and to answer all of your questions.

Step 2

GET A CASH OFFER

We will visit the property to provide you a cash offer with no obligations. It will be the most competitive offer available according to the local market.

Step 3

GET PAID FAST

Once we agree on terms, we can close in 7-14 days or on the date of your choice. You will get all cash without any hidden charges or closing costs.

Cash House Buyers DFW is your local and trusted real estate company that buys fire damaged houses in any area in Arlington TX. Receive a cash offer for your home quickly without having to worry about doing any repairs or cleaning it up. When you work with us, there are no commissions, no inspection contingencies, no showings the traditional way, or spending thousands to spruce up the house for staging and open houses. We buy houses in fire damaged condition in Arlington!

I had to sell my fire damaged house fast and Cash House Buyers DFW was a great help! They offered me a fair price and closed extremely fast. Thanks!

–Derrick Taylor

Meet the Founder and CEO

Eric Bodiwala is a seasoned professional real estate investor with experience spanning nearly two decades specializing in purchasing homes from homeowners, offering fair prices, and providing effective solutions for challenging situations.

Whether navigating probate issues, preventing foreclosures, assisting in messy divorces, or dealing with houses needing repairs, Eric has the experience and knowledge to help homeowners navigate through the challenges and create win-win outcomes.

Eric prides himself in being dedicated to his homeowners and his reputation in the Dallas/Fort Worth area has made him one of the most trusted and reliable homebuyers in the industry.

As a resident of Dallas, Eric and his wife Brittany enjoy spending time with family, traveling and visiting new places, attending fun social events with friends, and taking pride in making Dallas Fort Worth communities better by helping one homeowner at a time.

Who Buys Fire Damaged Houses for Cash in Arlington?

If you’re in the Arlington area, you might be asking, “Who would actually buy my fire-damaged house for cash?” The answer is: specialized real estate buyers like Cash House Buyers DFW. We are local cash home buyers based in DFW who purchase houses in any condition – including houses that have been through a fire. Our team has experience with fire damaged homes and we understand the local market values, even for properties that need major repair.

Cash House Buyers DFW isn’t the only one; there are other investors and companies out there that buy fire-damaged houses as well. However, you’ll want to work with someone reputable and experienced. In the North Texas region, our company has built a strong reputation for helping homeowners sell difficult properties quickly. We’ve bought numerous fire-damaged houses across Arlington, and surrounding communities. By buying houses directly, we provide a valuable service to sellers who can’t easily go the traditional route. Unlike a typical buyer, we’re not afraid of a collapsed roof or smoke-stained walls – we see the potential beyond the damage. We have the resources to rehabilitate the property after purchase, which is why we’re able to make fair cash offers on fire-damaged properties. So if you have a fire damaged house in DFW, know that there is a market of buyers for it. Chief among them is Cash House Buyers DFW, a trusted local buyer ready to pay cash for your house no matter its condition.

We Buy Fire Damaged Houses In Arlington And Surroundings

How Much Can You Sell Your Fire-Damaged House For?

One of the biggest questions on any homeowner’s mind after a fire is, “How much money can I actually get if I sell my fire damaged house?” The exact amount will vary case by case, but here are the main factors that determine the price of a fire-damaged home:

• Extent of Damage: The severity of the fire damage to the house is the most significant factor. If the fire were contained in one area (a kitchen fire that was put out quickly), the property would retain a higher value than a house with a large portion burned. More damage means more repairs, which lowers the as-is value. That said, even a severely burned house still has some value – often, the land value and whatever parts of the structure can be salvaged.
• Cost of Repairs: Related to the extent of damage, the estimated repair costs needed to restore the home will factor into any offer. A professional buyer will calculate how much it will cost them to rehabilitate the house (for example, replacing the roof, drywall, electrical, etc.). When fixed, they will subtract these expected costs from the home’s potential market value. Essentially, you pass the repair costs on to the buyer when you sell as-is. But remember, you’re also avoiding paying those costs yourself.
• Location and Land Value: The location of your property plays a role. A fire-damaged house in a highly sought-after neighborhood or growing part of DFW may fetch a stronger offer because the land and rebuilt home would be worth more. In any condition, real estate is about location. Cash buyers will consider the after-repair value based on the neighborhood comparables. If your home was worth $300k before the fire and it’s in a solid market, a buyer has more room to give you a higher offer (after accounting for, say, $100k of repairs) than if the home were only worth $100k pre-fire.
• Market Conditions: The general real estate market conditions can influence the price. In a hot seller’s market, investors may pay a bit more for a fixer-upper (including fire-damaged homes) because housing inventory is low. In a cooler market, offers might be slightly lower. However, many fire-damaged house buyers operate on thin margins to begin with, so market swings don’t change the offer dramatically – the condition is the bigger driver.
• Insurance Payouts: If you received an insurance payout for the fire, it doesn’t directly affect the sale price of the house, but it affects your overall financial picture. Some homeowners use part of their payout to do partial repairs or to pay off a mortgage, then sell the house as-is. Others simply keep the payout and sell the property for whatever a buyer will pay. It’s good to know that you generally aren’t required to use insurance money for repairs – that money is yours to cover your loss. So, you could accept an insurance check and sell the damaged house. The buyer’s offer will still be based on the factors above, not on whether you have insurance funds.

Because of all these variables, there isn’t a one-size-fits-all number for a fire-damaged house’s value. However, a reputable cash buyer will strive to give you the best possible price. We always tell sellers: our goal at Cash House Buyers DFW is to make a competitive cash offer that works for both parties. We won’t offer an insultingly low price; we base our offer on real repair costs and fair market value for the fixed-up home. In many cases, homeowners are pleasantly surprised by the offers they receive for a fire-damaged home.

Call our office for more information or complete the no-obligation form. Read the reviews and testimonials on our website from many satisfied customers in Dallas and surrounding areas. Still have questions? Calling us could be the best decision you make all week! 🙂 (214) 272-2177