Selling a House After Mold Remediation
When selling a house after mold remediation you might have many questions about the process. Serious mold issues have increasingly become a point of awareness in real estate. But the reality is, there is potential for mold to be found in almost any home as all that is needed for mold to grow is some moisture.
Home sellers cannot afford to make any missteps when it comes to selling a house after mold remediation. As long as you dealt with the mold issue in a proactive, responsible way, you should find yourself in a position to sell.
That being said, mold can scare off potential home buyers faster than just about any other issue.
Understanding Mold
While there are thousands of different molds, thankfully only a few prove to be dangerous to humans (think: black mold). These dangerous molds create airborne byproducts that damage lungs along with facilitating other health issues. And even though these problems are especially magnified for those who already suffer from lung ailments like asthma, babies and the elderly are also at greatest risk.
In most cases, negative health complications from indoor molds are not that common. Typically, people display symptoms such as sneezing or coughing – if they even experience any symptoms at all.
That being said, home buyers still tend to be gun shy when working with sellers selling a house after mold remediation.
Mold and Homes
Again, discovering a home has an issue with mold is not something that homeowners will want to take lightly. The earliest signs of a potential issue are often seen in the tiny black spots. This serves as a warning sign that a room is poorly ventilated.
In small amounts, mold tends to not be a problem. However, pairing an ideal environment with a lack of action, can lead to rapid growth and serious problems. Most buyers who get even the faintest whiff of a possible mold issue with turn around as soon as they discover the potential problem.
Hurdles for Sellers with Mold Problems
When selling a house after mold remediation, sellers could find that it is an uphill battle. For example, buyers might prove to be extra cautious in proceeding with a sale if there is even a small chance that their family could be impacted. Why take that risk, especially if there is an equally attractive house available?
There is also the potential for lawsuits down the road if the sellers either failed to properly disclose of the mold problem or did not take the appropriate steps to remedy the issues.
While mold does not mean that a house will forever sit on the market, it does mean that sellers will need to be prepared to take the correct steps to getting a home sold. This includes thoroughly inspecting and repairing or replacing all of the impacted areas. Sellers will also want to document everything that they have done as well as get mold inspections completed to share with potential buyers.
And for those who are struggling with selling a house after mold remediation, contact us today. We have experience working with sellers in this situation and can help you get your home sold. In most situations, we can even make you a cash offer. Call us today to see how we can help.
