If you are looking to “Sell my fire damaged house Louisville Kentucky” can be a difficult process. You need to handle the insurance claim and secure the property to avoid any further damage and protect yourself legally. Fortunately, there is an easier way to sell your damaged house without having to do any repairs or renovations. The best option for you is to sell it to an investment company like Louisville Cash Real Estate, We buy fire damaged houses in Louisville Kentucky.
Handling the Insurance Claim
The first step to sell your fire damaged house in Louisville Kentucky is handling the insurance claim. You will need to properly assess the damage done and make sure that all related paperwork has been filled out correctly and submitted to your insurer. The settlement you receive for your insurance claim will depend on how much damage was done – so be sure that you accurately document everything that happened so that you are fully compensated for all damages done and get invoices for any work done or any money spent. You will also want to schedule the closing of your fire damaged house preferably after you get paid out from the insurance company.
Securing the Property
Once you have completed the insurance claims process, it’s time to start securing the property. Start by looking around for potential hazards such as fallen debris or broken windows that could put people at risk of injury if they happen across them. Make sure that all areas of the home are fenced off so no one can enter without permission – this includes fencing off any backyards or other outdoor areas attached to your home as well. This not only keeps people safe but also protects you from legal liability should anyone accidentally get hurt while near your property.

Selling a fire damaged house in Louisville Kentucky doesn’t have to be a hassle! By following these steps and utilizing an investment company like Louisville Cash Real Estate who buys houses as-is in Kentucky, you can easily sell your fire damaged house in Kentucky without having to do any repairs or renovations yourself and have money in hand quickly after closing! So don’t wait – contact us today at 502-461-1450 or fill out the form below if you’re ready to get started with your no obligation cash offer!
Jacob with Louisville Cash Real Estate, and today we are going to go over how to sell your fire damaged house in Louisville, Kentucky. The first thing you’re going to want to do is whenever the fire happens and you know happened, you’re going to want to take pictures of it, and also document the time on whenever that had happened as well. Make sure you do that, and then make sure you call your insurance and get a fire report from your local fire department as well.
You might have to do some calling around, but get that in the pictures. Then submit that to the insurance company, and call them and also let them know that as well. Then the next thing you’re going to want to do is fence the property off. You’re going to want to get temporary fencing for the property to put around it, so that nobody can get to the property and get hurt. It’s not a liability. You’re also going to want to clean the debris up from the property. This will keep the city of Louisville Metro not on your case as much whenever you do have this fire damaged property, because you’re taking care of it. You’re cleaning the debris up, and you have it fenced off so that nobody from the public can potentially get hurt there.
You don’t want to get a lawsuit for that, and the city doesn’t want to get in trouble for it either. Then what you’re going to want to do is document all the expenses that you have for the insurance company, because most insurance companies usually work where you pay out the expenses first, and then they will reimburse you for those expenses. Make sure you’re documenting all those expenses so that you can get those paid back to you. The other thing is whenever you file this insurance claim, call the insurance company. What we can do as a company here at Louisville Cash Real Estate is we can help you to go through the insurance process, because we have dealt with it personally. I personally have a property in Louisville right now that had got burnt down, and I’m dealing with the insurance companies.
We are firsthand, have experience with these kinds of issues and also helping our clients with these issues. We can even talk to the insurance company for you and follow up with them for you while the process is going on. You’re going to want to sell your property after the claim is paid out, just to make sure that you pay off any debts that are owed on the property you pay off any mortgages that are owed on the property, or just anything at all that is owed on the property. Make sure you get that paid out and cleared. Then we usually schedule closing after you get your insurance check, just to make sure everything goes good on your side.
There’s a few tips that I want to give you all if you all have a fire damaged house in Louisville, Kentucky you all are dealing with. Number one is whenever you’re talking to your insurance company, ask if you have debris coverage and loss of rents that you will be paid for in this insurance claim. Debris coverage is if you fence the property off, if you clean up the debris, things that are along the lines through this, you’ll get extra coverage on top of what your payout already is for these if your insurance already covers it. Then you also want to see about from the time of the fire to the time of the payout, if you have a mortgage lender. There’s interest that you’re paying every single day there.
You want to make sure that the interest that you’re paying every single day, if you can get paid back for that, that you will. Now, we weren’t able to do this on ours because we didn’t have this coverage, but I do know about this coverage moving forward for insurance on other properties. That is helpful. You’re also going to want to see if you have a code upgrade to see if you can get past the total coverage amount. Sometimes with the code upgrade, they’ll give you 10 to 20% more for what your payout is to make codes up to grade, as far as electrical, HVAC, and these things, because those costs do go up over time.
You’re going to want to follow up a lot with your insurance company as well. They’re not always going to be the quickest. They’re not always going to be the fastest, and only you have your best interest in mind. Make sure that you follow up with these companies. Go on our website, fill out our form, or give us a call, and we can help you out through this process. We can help buy your property as well that is fire damaged. Hopefully this video is helpful. Thank you all, and I hope you all have an amazing day.