Hurricanes aren’t uncommon in Jacksonville, Florida. As residents, we often deal with the aftermath of these powerful storms. Although I took preventative measures to protect my property, it sustained extensive damage. The flooding was the worst of it. When I was faced with the expensive and overwhelming task of repairs, I decided to sell the property for cash. I appreciated the speed of the transaction. Conventional real estate sales involve significant time. There are listings, staging, inspections, negotiations and all sorts of necessary tasks. My schedule doesn’t have a lot of free time. When I’m not working, I’d prefer to relax, spend time with my grandkids, kayak or read a book. Dealing with a cash buyer bypassed all of that unpleasantness. I was able to close the sale within ten days. Since I couldn’t live in the house in its after-hurricane state, getting cash in-hand allowed me to secure accommodations. I was able to sell the house for cash without tackling the flooding and storm damage. I didn’t need to worry about the wet drywall, ruined appliances and musty smells. There was no need to prepare the property for an inspection, appraisal or financing. The mold growth isn’t my problem anymore. It was a relief not to worry about hiring repairmen or potential delays. The whole process was straightforward and hassle-free. Because the hurricane was a natural disaster, my insurance didn’t cover the damage. Had I invested into the necessary repairs, I wouldn’t have been able to afford to sell the house. The cash buy-out was the best way to cut my losses.
