Another Property Sold – 33 Flint Rd Watertown, MA

This Single-Family in Watertown, MA recently sold for $1,165,000. This Split Entry style home was sold by Ari Koufos – REALTY EXECUTIVES.








33 Flint Rd,



Watertown, MA 02472

Single-Family

$1,100,000
Price

$1,165,000
Sale Price

8
Rooms

3
Beds

3
Baths

Amazing opportunity to own this 8 room 3 bedroom Split Level Ranch situated on beautiful 10,000+ sq. ft. lot abutting The Oakley Country Club & perfectly placed at the end of a dead end street. Bring your vision & imagination for endless opportunities to customize this beautiful family home in this must have location! . This home offers a bright and spacious living room with fireplace. Formal dining room with slider leading to a large gorgeous backyard. Three spacious bedrooms & 3 full baths. Bonus office room with full finished lower level family room with fireplace perfect for extended family. Hardwood floor throughout. Updated gas boiler with 3 zones of heat. Central Air with new condenser. Nice laundry room in lower level .

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Another Property Sold – 343 River St Unit 2 Waltham, MA

This Condo in Waltham, MA recently sold for $899,000. This Townhouse style home was sold by Ari Koufos – REALTY EXECUTIVES.








343 River St,



Waltham, MA 02453

Condo

$899,000
Price

$899,000
Sale Price

8
Rooms

3
Beds

2/2
Full/Half Baths

Amazing New Construction townhouse built by a Premier Waltham Builder located near sough after Downtown. This townhome offers everything that todays lifestyle has to offer. Bright & spacious first floor layout with large living room with gas fireplace with slider leading to a private exclusive use backyard. Gorgeous custom kitchen with center island and separate dining area completes the perfect layout. Top floor offers three spacious bedrooms which includes a master suite with large walk-in shower & walk-in closet. Laundry room on second floor. Lower level includes a nice family room & direct access to the one car garage with mudroom & additional half bath.

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Another Property Sold – 343 River St Unit 1 Waltham, MA

This Condo in Waltham, MA recently sold for $890,000. This Townhouse style home was sold by Ari Koufos – REALTY EXECUTIVES.








343 River St,



Waltham, MA 02453

Condo

$899,000
Price

$890,000
Sale Price

7
Rooms

3
Beds

2/2
Full/Half Baths

Amazing New Construction townhouse built by a Premier Waltham Builder located near sough after Downtown. This townhome offers everything that todays lifestyle has to offer. Bright & spacious first floor layout with large living room with gas fireplace with slider leading to a private exclusive use backyard. Gorgeous custom kitchen with center island and separate dining area completes the perfect layout. Top floor offers three spacious bedrooms which includes a master suite with large walk-in shower & walk-in closet. Laundry room on second floor. Lower level includes a nice family room & direct access to the one car garage with mudroom & additional half bath.

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Selling Your Home when You Have Water Damage

Photo by Monkey Business Images via Shutterstock

After a significant storm or catastrophic event, you may determine that moving to a different climate is right for your household. The question becomes, do you repair all the damage to your home before you sell it, or do you offer it “as is” so that the buyer takes on that cost. Sometimes, if you take care of the damage problem quickly, you’re only left with minor repairs. Often, though, it can seem like the entire house needs fixing.

To figure out which is right for your situation, review these pros and cons of each choice.

Making Repairs vs. Selling “As-Is”

  • Repairing water damaged areas will net you more if you have the resources and the time to make the repairs before you sell. You can ask a higher price when you sell. But often, this process involves waiting for insurance money, hiring contractors, completing repairs and having the adjuster inspect the work. Meanwhile, you must find a place to live while they fix the water-damaged areas. That means spending a lot for out-of-pocket expenses.
  • Additionally, you’ll need to put extra effort into making sure that buyers feel comfortable and confident in the house’s repairs, which means hiring professional inspectors, documenting mold mitigation and repairing even minor damages. All this might not be worth the investment.
  • When you don’t have the time or money to fix the repairs, you can sell your house “as-is,” water damaged and all. You won’t get as much money for the property, but you can get out of it and into a new home sooner. In many instances, your knowledgeable agent can market to investors that willingly give you a cash sale offer. The best part about it is you won’t have to do anything. All the money you would have spent on repairs, contractors and professional inspectors can stay in your pocket or go toward your new home.

Selling to an Investor

Selling a water-damaged house to an investor is one of the best options. An investor will pay cash for your property without requiring you to fix anything. Here are the best practices to make it a great sale:

  • Do not hide the water damage! Whatever you do, don’t try to hide that your home experienced flooding.
  • Legally, whether selling “as is” to an investor or an interested buyer, disclosing water damage is a requirement; this is because water damage may introduce harmful chemicals, materials, or pathogens into the home, which can lead to mold growth in the future. Trying to cover up water damage can land you in court. Do yourself a favor. Let any buyer know about past water damage in your home.

How to Sell a Flood-Damaged House

If you have the money from an insurance payout, make the repairs. You can fetch a higher price on the market. But when this investment isn’t worth the cost, it’s often a better choice to sell your water-damaged home to an investor instead. If this sounds like a good possibility for you, ask your real estate professional to market your home to investors so you can resettle your household in a better home.