"I don't what to sell my home at a huge loss."
The local real estate market will determine what your home will sell for. All other considerations are invalid. Your wants, what you paid, or even what you may have invested in the home have only minor influences. What your home will sell if is driven by DATA and optimized by a strategy.
The data regarding the local real estate market is available through a local real estate professional.
Issue 1: As you know, you will need to disclose that the home flooded. The protential buyer will see the red flags and will be super vigilant regarding mold issues. This is an obstacle.
Issue 2. You purchased on 2008 which fortuneately was not at the peak of the market. You may have more margin than you think.
Issue 3. DIY. To get top dollar for a home it MUST win the beauty contest. That means is must be updated and ,in your case, remediated PROFESSIONALLY. If the flooring and wall board repair give the appearance of a DIY job, you can not win the beauty contest therefore MUST compete in the price war. The price war is incompataible with 'top dollar." This is an obstacle.
There are ways to proactively remove many of these obstacles. The best methods are dependant on your situation and existing real estate market. You would be well advised to CALL several local real estate professionals and evaluate who presents the best strategy that culminates in the highest price for your home. Be aware, if the strategy does not make sense, it is just fluff and stuff.
A real strategy leverages the dynamics of the local real estate market, the unseen market place, the proprietary resources of the professional, the real data and a strong, undiluted cup of reality. The agent who has a real strategy also possesses the confidence that you will be receptive to the truth. Don't fall to the whisperer of the sweet words you may want to hear.
You are in a tough spot. It's time to call a local Georgia real estate professional.
Best of success,
Annette Lawrencee, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
Serious people call.
Serious people require reliable, accurate data