Hidden Costs of Water Damage

Hidden Costs of Water Damage

While water is the greatest necessity of life, it also holds the power to be one of the most dangerous forces on earth. Storm damage and flood damage cost U.S. insurance companies over $2.5 billion each year. And that is just for the damage that is visible shortly after the incident. Unfortunately, there is often more extensive damage that cannot be seen or detected immediately.

Hidden Moisture And Mold

After a home has water damage, one of the most critical steps in the repair process is to locate the moisture and begin drying the area. In as few as 48-hours toxic mold can begin to grow. In addition to drying, clean up specialists will work to disinfect and decontaminate any area that was invaded by the moisture. But even a small amount of water in a wall or ductwork can be the beginning of a huge mold infestation which can cause a skin rash, breathing issues, and even asthma.

Rotted Wood

In addition to promoting mold growth, the water can create structural issues in your home if the wood begins to rot and deteriorate. Water is absorbed by the normally dry wood and it begins to expand and lose the majority of its stability and strength. This can cause sagging and even the collapse of wood frames structures such as your home.

Electrical Damage

Even a small amount of water can seep into electrical junction boxes and begin to deteriorate the wire connections and even the wire itself. The rubber coating that is used to shield the electrical wiring can begin to degrade after contact with water and could create shorts in your electrical system or even worse, a potential fire hazard.

Foundation Damage

The foundation of your home is base for all of the remaining structure. And when it was constructed, great care was taken to channel water away from the foundation. But floodwater on or next to your foundation will cause added pressure and stress on the concrete causing it to crack and degrade. And in many cases, these tiny cracks retain water and are known to harbor toxic mold if not cleaned quickly.

All of these types of damage are both difficult to detect and to remedy. This means that not only could you be forced to vacate your home during the repairs but you will also be facing some very large repair expenses.

A Perfect Solution

There are very few perfect solutions in this world, but there is one when it comes to dealing with water damage in your home. The only way to be absolutely certain that you are not risking your family’s health with a toxic mold outbreak is to sell the home. Simply contact Higher Offer and request a quote to purchase your home. Our buyer will evaluate your home and make you a cash offer in just days. Then all you need to do is accept the offer, sign the purchase agreement and take your money. We will remediate the moisture and the mold concerns. If you want a guarantee of your family’s safety and well-being, contact Higher Offer today.

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