Buying a house, any house, is not a spontaneous decision. There is much to consider with such an important investment. Buying a house with water damage adds a whole new level to the depth of considerations when deciding on a home to purchase.
Below are a few steps and tips to keep in mind when contemplating the purchase of a house that has water damage. Carefully weighing the facts and being realistic about your budget and risk tolerance is crucial. The same items that could be a deal breaker for you may not even faze another potential buyer. Gather all the facts and if you decide to purchase, be vigilant about repairs and proactive about preventing future water damage.