How Fire Damage Could Change Homeowners Lives Forever

Feb 6, 2022 | Sell your house, Things To Know

Fire damage is one of the most common domestic accidents around. Studies show that 72.2% of reported fire outbreaks in Arizona happen in residential areas. Also, in 2020, a property loss of about 21.67 billion dollars was caused by fire damage. These outbreaks eventually lead to injuries of very different…

Written By EZ MAX OFFER

Fire damage is one of the most common domestic accidents around. Studies show that 72.2% of reported fire outbreaks in Arizona happen in residential areas. Also, in 2020, a property loss of about 21.67 billion dollars was caused by fire damage. These outbreaks eventually lead to injuries of very different degrees, of which some could be mild, which is mostly surface damage. In contrast, some are usually damaged to a point beyond recognition.

Smoke damages are also a result of fire damage, and although smoke doesn’t destroy the property itself, it still results in a devastating loss. Some of the effects of smoke damage include coating items in soot, persistent odor, etc. it may take other forms, too, not included.

EFFECT OF FIRE DAMAGE ON HOMEOWNERS 

  • STRUCTURAL DAMAGE: Most house fires do not destroy the entire structure as it may be sometimes contained to the room where the fire started, which is the origin of the fire, for example, a fire that originated from a kitchen if taken note of early before it escalates could be contained in the kitchen without giving it time to spread to other areas. But then there is the smoke damage that can very quickly penetrate the other house areas, leaving thick deposits on walls and the woodwork. It can also damage the foundation and structural supports of the house, making it slightly vulnerable to collapse. It also affects the house on a real estate rating. 

  • HEALTH DAMAGE: during a home fire, there is also a spike in the production level of carbon monoxide and carbon dioxide, which also damages levels of thermal and chemical irritants. These irritants can sometimes cause permanent damage to the respiratory system. Smoke inhalation can also irritate the membrane of the respiratory tract, which may cause trouble when breathing or sometimes the collapse of the airway.

  • THE LOSS OF HOUSE: Sometimes, in some cases where the damages are too severe to be salvageable, there is nothing that could be done to be returned to the previous or at least manageable condition. In that case, the homeowner has no other choice but to abandon the house since it has lost its value. Also, the market value is little; if not almost worthless, it can only be sold for a meager amount, mainly in minor auctions. The amount it is sold for is also a far cry from the house’s original value.

  • INSURANCE PROCEDURE: Most times, there are insurance plans set in place in case of a fire outbreak that pays out a certain amount. Should a situation like that arise, the insurance company reviews the outbreaks and cross-references it with the insurance clause to go through legal proceedings, after which the payment is made. Then the owner could decide to either repair the house or buy a new one according to the degree of damage or the owner’s wishes.

So basically, when fire-related incidents occur, you’re in a bit of a bind on whether to sell the last house or buy a new one. It is advisable to talk to a notable real estate solutions company like EZ max offers. They are the best at dealing with your needs; they are efficient and can get you up and running as quickly as possible. CHOOSE EZ MAX OFFER.

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