IAQ and Asbestos
Realtors have become increasingly aware of serious mold and indoor air quality issues, ones that can do significant damage to home sales. You can deal with them in a responsible way that should help you sell your home for a fair price, and clear you of any liability should the air quality not improve or the mold returns after the sale but you must deal with the problem directly. There are not many things that will scare a home buyer away from your property faster than bad air and mold!
Home buyers have every right to be cautious when mold issues might be present. This is probably one of the biggest purchases of their lives, and they could be planning to raise a family in the home. Also, there is no reason why they should pay for a home with poor quality indoor air or mold as a home inspection problem when they could find an equally good deal on a home without such issues.
If a home buyer purchases your home and soon finds that there is an air quality or mold problem, there is a very good chance he or she could come after you with a lawsuit. If the buyer’s home inspector discovers either problem in your home, you will have difficulty getting the price you want for the home. Ideally, you should begin addressing potential problems before you ever put your house on the market.
If you think there is a possibility of mold contamination, it may be a good idea to just bite the bullet and get a mold inspection done. Inspections can tell you whether there really is a problem. If there is, you can take care of it now. If there is not, you will have records demonstrating this fact to potential buyers.
Testimonial From a Realtor
It was great working with you on the mold issue at R Drive. Not only were you knowledgeable on your profession, but very personable and easy to work with.
D. Hoffman, Realtor