The Sunshine State sees its fair share of storms, so if your property lies within the state’s limits, there’s a good chance it sits in a danger zone. Of course, dealing with the devastating consequences of a natural disaster is never easy or pleasant. However, if you need to sell your Florida home, things get even more complicated. Below, we’ve listed potential natural disasters in Florida and how to protect yourself so you’ll be ready when trouble in paradise hits.
Which Parts of Florida are Prone to Natural Disasters?
From about June to November, tropical storms and hurricanes affect the entirety of Florida. Because storms reach up to 50 miles inland, most of the coastal state is prone to potential risks. These heavy storms bring unwanted consequences like flooding, wind damage, and storm surges.
How Can You Prepare Your Home for a Natural Disaster?
First of all, getting flood insurance and hurricane insurance is a must. But while financial protection is great, preventing damage from occurring in the first place is even better. Reduce the areas where wind can enter, like the roof, window panes, and doors. Before the storm hits, board up the windows and shut off the electricity. Hurricanes move slowly, so you’ll have ample time to prepare the home to the fullest extent.
Luckily, these days home builders are more aware of storm hazards, so building strong foundations and wind-resistant roofs gives you a head start on protection.
Is it Possible to Sell Your Florida Home After a Disaster?
If FEMA declares a state of natural disaster in your area, you’ll need your property professionally inspected, regardless of whether you already had it inspected and appraised beforehand. In the case that extensive damage did occur, you’ll be required to make the necessary repairs before you can sell your Florida home. If you’re already in escrow and the damage costs don’t exceed 5% of the total sale, you can usually move forward with closing. But if the destruction is heavy, the buyer may be able to back away from the sale legally. If you do need to remodel, don’t worry about going overboard, though. Save your time and money by sticking with the basics and simply restoring the house to a safe condition.
It’s very possible that your property’s value will drop after a destructive storm even if no serious damage occurred. This is simply because the neighborhood becomes slightly less desirable as it rebuilds itself in the aftermath of disaster.
Between filing insurance claims, making repairs, and negotiating with buyers, you should anticipate long waiting periods and delays. You can also expect mortgage lending to move slower than usual, as companies are busy working overtime assessing a higher-than-average volume of properties. Don’t make it harder for yourself by waiting to get things done- the sooner you tackle the problems, the faster you can actually go through with the sale.
There’s an Easier Way
We give fast cash offers to houses in any condition, so you can sell your Florida home to us without ever worrying a natural disaster will ruin your plans. Contact us for a free, no-obligation offer today.
