The real estate market is hot right now, and you want to get in on it. Florida in general and our area of Orlando in particular is seeing a huge spike in not only the number of homes being bought but also an increase in how quickly they’re going.
This has led to some homes being put on the market and purchased with some less-than-desirable attributes. In fact, it is even possible to buy and sell a house with mold! Before you do so, though, there are a few special things you’ll want to keep in mind.
Table of Contents
- How to Sell a House With Mold
- How to Buy a House With Mold
- Hire Professional Mold Remediation Services
How to Sell a House With Mold
Mold may be bad, but it’s not the end of the world and it’s not the end of your ability to sell your house either. Yes, it’s legal to sell a house with mold. There are no federal laws against selling houses with mold. The state of Florida does require you to disclose whether the home has had past or present mold issues, though. If during the inspection period, the buyer wishes to terminate the contract due to mold being found, they can do so under their sole discretion.
Be sure to disclose any mold issues you’re aware of so you don’t have any legal or financial issues to deal with later on. With the market this hot, it’s very possible someone will still want to buy the house.
How to Buy a House With Mold
It makes sense to be cautious about a house with mold. Mold inside of an Orlando home doesn’t automatically mean you need to forget that one, pull your offer, and move onto another option. After you assess the situation and see what you’re dealing with, it is quite possible you simply need to remove mold from the house.
That’s not to say you should rush towards closing day without concern. Depending on the severity of the mold issues, professional mold remediation services could range from a few hundred dollars to thousands of dollars. With the help of your real estate agent, you can come to an agreement that it be fixed before you close on the home.
The seller can be responsible for fixing the cause of the mold, need to make HVAC updates, purchase and install a dehumidifier, or give you money for the mold remediation as part of the seller’s concessions. If the home is being sold “as-is” and the seller does not want to deal with the existing mold problem, make sure the price of the home reflects the issues you’ll end up having to take care of in the weeks and months to come.
Hire Professional Mold Remediation Services
Buying and selling a house with mold involves a few additional steps. A professional can help you with mold remediation services, which often include locating the source of the mold and where it has grown, and then safely removing it. Call us at 407-965-5722 for a free on-site mold test and we’ll go over your next steps.