Purchasing a water-damaged home is a dangerous purchase. You do not have to give up on your dream home, but you must be informed before sealing the sale.

When looking at a home with water damage, the first and best thing to do is schedule a home inspection. A trained house inspector will offer a detailed water damage report, which will include a mold assessment. To help establish the degree and source of the water damage, the home inspector will also look for hidden damage, structural issues, foundation cracks, poor pipes, and leaking windows.

The next step in deciding whether or not to purchase the home is to consult a contractor and obtain an estimate on how much it would cost to repair the water damage, remove the mold, and guarantee your home is structurally sound for you and your family.

Once you have a repair cost estimate, it is time to assess those repair and remediation charges. The level of water damage and mold in your home will determine how much you are willing to invest in your new home. This is the greatest time to examine all of the data, thoroughly study the inspection report, and ask any questions you may have. Once you've answered all of your questions and feel certain that you understand your situation, it's time to rethink your offer and resubmit it to your realtor. 

It is best to get everything in writing and double-check the contract for water damage costs. If any contractual provisions need to be clarified, an attorney might be consulted.

One last thing to consider before closing on your new home is your house insurance alternatives. When buying a home with mold and water damage, get full coverage. Check with multiple local insurance companies to see if you're covered if difficulties from earlier water damage reoccur. You may not make the greatest investment if your insurance is too expensive or your coverage is limited or unavailable.

If you have water damage in your home or another calamity, call Anthony Restoration of Gainesville for an accurate inspection and to start the restoration process right away.