Molds such as stachybotrys chart arum or black mold can cause serious health complications and substantial liability issues for the sellers of homes that contain black mold.
Buying a home with mold in attic.
This could drive a remediation cost up to 10 000 30 000 or higher depending on the size of the home.
Your primary guides should be your budget your health and how soon you need to move in.
There s no right answer for whether or not it s ok to buy a home with mold.
Health effects of mold 2.
There are really two primary concerns for both buyers and sellers of homes regarding mold.
Cost to fix the mold problem.
An inspection can help identify every mold source.
If you re considering buying such a home there are a few things you should do including adding contingencies to any contract you place on the home.
If the home has recently been flooded and the mold is all throughout it there is much more that has to be done.
Consider health effects of mold when buying real estate.
Buying and selling a home with mold is not only possible it is often far easier and cheaper to resolve than most people realize.
Buying a home that has identifiable mold issues can become a problem down the line.
A finished basement with black mold climbing the wall is a concern as is mold in an attic or elsewhere that indicates a drainage or ventilation problem.