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What are the advantages of repairing my home versus selling my home? The answer to this question depends on a number of factors, which will vary from case to case.

These factors include:

  • The extent of the fire damage
  • The scope and cost of repairs
  • Your immediate financial needs
  • Your current living situation
  • Any emotional or otherwise personal attachment you have to the home
  • Whether you have sufficient insurance coverage, or any insurance coverage at all
  • Whether you own your home outright or have a mortgage

If it is feasible – financially and otherwise – to repair your home, and you wish eventually to resume the life you were leading prior to the fire, then you may well want to keep your home. You may be able to secure a personal loan or work with your current lender to find ways to finance repairs that are not covered, in part or in whole, by insurance. Restoration Companies Pembroke Pines