In the aftermath of a natural disaster, investors and bargain-hunters may be shopping for a deal. Here’s what to watch out for, according to Naples, Florida agent Sue “Pinky” Benson.

Inman Connect New York delivers the perfect blend of outside-the-box thinkers, cutting-edge leaders, and hard-working, successful agents. Join us Jan. 24-26 for crucial content, education, and networking opportunities to help you thrive in today’s changing market. Register here.

In the aftermath of a natural disaster like Hurricane Ian, investors and bargain-hunters may be looking for the opportunity to purchase a home, in search of a deal. However, these homes are a commitment, so it’s important to think before you buy.

Here are 10 things to consider when buying a storm-damaged home after a natural disaster.

  1. Was the home flooded? If so, get dates and the reason.
  2. How much water was in the home? How long was the water there before it was removed?
  3. What kind of damage was done, how was it repaired and by whom?
  4. Do you have receipts and invoices to verify all the work done?
  5. Was the home completely stripped down, or were the walls washed, bleached and repainted?
  6. Did you have the home professionally tested for mold? Do you have the results of an air quality test conducted after the repairs were completed?
  7. Was the wiring checked for corrosion? Did you have a licensed electrician check it out? Do you have their report?
  8. Was piping checked for corrosion? Was a professional plumber consulted? Do you have reports from this process?
  9. Were the necessary permits pulled for all this work? Ensure that you have verification of these permits and that they have been closed out.
  10. Did you have a professional inspector review all the repairs? Do you have a copy of their report?

Watch the full-length video at the top of the article for additional details.

Sue Benson is the Pink Lady of real estate. Find her on Facebook or follow her on Twitter @sueispinky.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×