Protect your buyer and seller. Don’t close on a home without a certified MOLD inspection.
Many Mortgage and Real Estate Brokers are now asking for a Professional Mold Inspection and report along with a home inspection. It is becoming a regular practice to have these tests done prior to closing.
Home inspectors are not qualified to inspect for mold.
Hand your buyer a certification that their new home is
What is Mold? Molds are usually not a problem indoors, unless mold spores land on a wet or damp spot and begin growing. Molds have the potential to cause health problems. Molds produce allergens (substances that can cause allergic reactions), irritants, and in some cases, potentially toxic substances (mycotoxins). Inhaling or touching mold or mold spores may cause a allergic reaction in sensitive individuals. Allergic responses include hay fever-type symptoms, such as sneezing, runny nose, red eyes, and skin rash (dermatitis). Allergic reactions to mold are common. They can be immediate or delayed.
Molds can also cause asthma attacks in asthmatic individuals. In addition, mold exposure can irritate the eyes, skin, nose, throat, and lungs of both mold-allergic and non-allergic people. Symptoms other than the allergic and irritant types are not commonly reported as a result of inhaling mold. Research on mold and health effects is ongoing. This brochure provides a brief overview; it does not describe all potential health effects related to mold exposure.
Mold’s favorite food is Cellulose, found in drywall, wood, carpet, ceiling tiles, most all products. It is a SERIOUS HEALTH HAZARD, which no one should have to come in contact with—especially children, elderly, and those with immune system deficiencies.
Toxic mold in a bedroom closet.
Selling or Buying a Home. A mold inspection facilitates an honest assessment and evaluation of the property. Consequently, it enables both the buyer and the seller to close a real estate transaction with less uncertainty and fear. It can provide confidence, smooth the transaction, and help both parties feel good about the sale. The buyer has greater confidence that there is not some hidden problem that will be expensive to fix, adversely affect their health, and/or decrease the value of their new home.
The seller can show that they are not hiding any moisture problems and that this is an open and honest transaction.
Both the buyer and seller can benefit from a mold inspection.
Call Dr. Mold for a Certified Inspection complete with lab reports.
DID YOU KNOW? WHEN YOU ORDER A HOME INSPECTION THAT MOST HOME INSPECTORS ARE NOT QUALIFIED TO INSPECT FOR MOLD?
Can Mold Break the Real Estate Deal? Molds are part of the natural environment. Outdoors, mold plays an important part in nature by breaking down dead organic matters such as fallen leaves and dead trees, but indoors, mold growth should be avoided. Molds reproduce by means of tiny spores. The spores are invisible to the naked eye and can flow through outdoor and indoor air. Mold may begin growing indoors when mold spores land on surfaces that are damp. There are many types of mold, but none of them will grow without moisture.
Failure to disclose a potentially life threatening mold situation to a new buyer is the fastest way to break the contract. Plus if a full disclosure mold inspection is not performed in addition to a home inspection the seller, Real Estate brokers and agents could be cited in a high dollar lawsuit for not revealing a mold infestation that has led to an mold related illness.
Why Does Mold Matter? If indoor mold contamination is extensive, it can cause very high and persistent airborne spore exposures. Persons exposed to high spore levels can become sensitized and develop allergies to the mold or other health problems. Mold growth can damage your furnishings, such as carpets sofas and cabinets, clothes and shoes. Damp closets can become soiled. In time unchecked mold growth can cause serious damage to the structural elements in your home.
Real Estate Suffers From Mold Encroachment. Historical problems. The real estate industry has a peppered history of environmental influences that have had a direct impact on the sale of property. Alerts about human exposure to asbestos, radon, electromagnetic fields near electric power lines, lead-based paints, industrial pollution, etc. are but a few factors and examples of what continue to affect property sales.
Facing a new problem. Today the real estate industry is facing yet another and new environmental concern — MOLD. Prospective buyers are becoming aware of it and have a concern, sellers don’t want to think about or deal with it and real estate agents are caught in the middle. Mold can and has killed many real estate deals. However, mold doesn’t have to end in a lost sale of property. Mold is MANAGEABLE and by exercising a few systematic steps to correct the conditions for its growth and cleaning it up, the number of lost sales can be dramatically decreased. Dr. Mold Certified Mold Inspection Companyoffers cost-effective consulting and other services that can minimize or avoid lost sales.
High incidence of mold. According to the Environmental Protection Agency, molds are found in up to 50% of all structures. Contrarily, many other studies show 100% incidence of mold in structures. Public exposure to mold appears to be universal and can probably be discovered in almost every indoor environment. The root concern for those worried about the hazards of mold is their exposure to high-risk contamination levels.
Proactive steps. Some owners of real estate have found it beneficial to conduct a “pre-emptive strike” against mold inquiries from prospective buyers. A mold inspection and mold testing ordered by an owner prior to the listing or sale of property offers disclosure, evidence and a good faith enhancement to prospective buyers.
Minimizing liability. Even if the initial results of an owner-ordered mold test indicate a potential problem, they have the opportunity to correct and abate the mold problem. When appropriate corrective action is taken, the follow-up clearance testing should provide results favorable to potential buyers. This proactive measure by the property owner minimizes or eliminates liability and litigation.
Litigation. Mold-related litigations has skyrocketed upwards of 300% since 1999. A resident who recently and unknowingly purchased a home with existing and serious hidden mold and structural damages. The seller, allegedly aware of frequent water leaks in the home, did not accurately disclose that information prior to the transfer of title. Dollar amount near six figures had already been spent by the new owner to correct the water intrusion and mold problems — interior refurbishing and finish work was expected to cost several thousand dollars more. Litigation is pending.
Mold inspection can benefits all parties. Whether purchasing a new or old home or building, the buyer should include mold inspection to the home/building and termite inspection requirements. Doing so can avoid problems as encountered by the above new homeowner. Most important to any pending real estate purchase, the buyer should first contact and have their insurance agent run a claims history on that piece of property. If there has ever been a mold damages claim on the residence or building, some insurers may not offer coverage to the new buyer — or coverage costs may be prohibitive due to the property’s mold history.
Seek mold help from a qualified professional. Whether you are a real estate agent, a seller or a potential real estate purchaser with a concern or issue about potential mold problems, Dr. Mold Certified Mold Inspection Company is available to assist and assess those conditions. We are members of the United States Chamber of Commerce, Mold Inspection Consulting and Remediation Organization, National Association of Certified Home Inspectors, The Indoor Air Quality Organization, InterNachi, EMLab P&K, and Test America.