Sell Fire Damaged HouseSalt Lake City

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Most owners here are choosing between listing the property and selling it as it stands. Rather than describe ourselves, this page sets out what each of those two routes can honestly tell you, because they are good at different things and neither of us will volunteer the other's advantages.

Send Us Something to Look AtFour quick taps, about a minute
  1. Address
  2. Damage
  3. The Walls
  4. Contact

Four quick taps. No obligation, no repairs and no fee to you.

We never sell or share your details. Privacy policy.

An Agent
Knows the finished valueBetter than we do
We
Know the cost of the workBetter than they do
Neither
Knows the wallAn engineer does
Cost to You
NothingIncluding declining

What an Agent Knows Better Than We Do

What the house is worth repaired. That is their whole trade, they see the comparable sales as they happen, and they have no interest in the number being low.

We have an interest in it being low, and you should weigh anything we say about finished value with that in mind. Getting that figure from somebody who is not buying is the single most useful thing you can do before talking to any cash buyer, including us.

Then Why Not Just List It?

Frequently you should, and on repairable stock in the stronger Salt Lake neighbourhoods it is usually the better answer. What listing struggles with is a property most buyers cannot finance and most viewers cannot assess, which is what a badly damaged masonry house is. The market for it is narrow, and a narrow market is where the time and the uncertainty sit.

What We Know Better Than an Agent

What the work costs. We commission it repeatedly rather than estimating it occasionally, and on this stock the estimate is where listings go wrong.

An agent pricing a damaged brick house has to guess at the deduction. A guess that is too low produces a listing that sits, gathers offers that collapse on inspection, and ends up selling for less than an honest cash figure would have paid at the start.

What Neither of Us Can Tell You

Whether the wall is safe. On an unreinforced masonry house that has lost its roof or floors, the masonry has lost what was bracing it, and neither a buyer nor an agent is qualified to say what state it is in.

That is a structural engineer, on site, and it comes before both of us. It also changes both our numbers, because it decides whether the building is repairable at all. The full position is on our page covering the brick and the exemption.

Who Should I Call First, Then?

The engineer, then the agent, then buyers. In that order the second and third conversations are about a known building rather than a contested one. Owners who reverse it end up negotiating about what might be true, which favours whoever is most confident rather than whoever is most correct.

What Neither of Us Will Raise Unprompted

Your property tax position. It is nobody's job in this transaction and it is worth real money.

Utah's residential exemption takes 45 per cent off the taxable value of a primary residence, and it depends on 183 consecutive days of occupation. A fire that displaces you puts that at risk, and a declaration arriving at a redirected address carries a 90-day response window under section 59-2-103.5(8).

Ask the county assessor about it early. Neither an agent nor a buyer loses anything if you do not, which is exactly why it goes unmentioned.

How the Two Routes Actually Compare

Listing pays more when it works. No buyer's margin comes out of it. It works where the building is repairable, financeable and assessable by an ordinary purchaser.

Selling as it stands pays less and pays certainly. Our margin is the price of removing the work, the timetable and the uncertainty from your side of it.

The gap between them is the cost of the work plus our margin. Where that gap is small relative to the house, selling is reasonable. Where it is large, listing is worth the trouble, and we would rather say so than compete for a file we should lose.

Where That Leaves Us

Useful on badly damaged buildings, on masonry that has lost its structure, on properties an ordinary buyer cannot finance, and for owners who are out of state or otherwise not in a position to run a rehabilitation.

Not useful on a smoke-damaged house in a strong neighbourhood with the frame intact, which is a listing rather than a cash sale, and we will say so in writing rather than making you work it out.

The Ordinary Disclosures

We buy as principal, in our own entity, with our own funds, and we take title. We do not assign contracts. Nothing is charged to you at any stage, including if you decline. We are not brokers, not public adjusters, not contractors, not engineers and not lawyers.

We buy fire-damaged residential property across Salt Lake City, the valley cities and the wider Wasatch Front, in any condition, including buildings an engineer has condemned. Beyond this region we would be the wrong buyer.

Where to Start

An engineer for the wall, an agent for the finished value, the county assessor for the exemption. Then read what to establish first on our page about how the process actually runs, and the sorting question on our page about how to tell local cash buyers apart.

Send an Address and We Will Look at It Properly

A written figure with the reasoning behind it, whether or not you sell to us.

Get a Number on the PropertyStep 1 of 2 — where is the property?
  1. Address
  2. Damage
  3. The Walls
  4. Contact

Four quick taps. No obligation, no repairs and no fee to you.

We never sell or share your details. Privacy policy.

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