Monday, September 24, 2012

Purchasing a Mold Infected Home

Never even think of purchasing a home that is infected with mold unless you receive a price reduction that will more than cover mold remediation by qualified professionals. Even then, ask the seller to pay an independent appraiser for a proper valuation of the home and to allow you to obtain quotes from mold remediation firms. Contact your insurance agent to make sure the home is insurable, and contact your mortgage agent to make sure you can get any necessary mortgage before you are able to move in.

If the perspective  home is infested with mold, contact a mold abatement specialist and have it cleaned thoroughly. Especially if you are ready to buy, have a plumber or other expert contractor deal with the source of the mold, which can be leaky pipes, old drywall, improperly waterproofed exterior structures or a combination of factors. Make sure to have all abatement procedures and repairs documented so that the seller can show you the buyer that any and all issues you may have had have been properly dealt with.

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