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Real Estate Mold Information: Real Estate Home and House Selling and Mold, Real Estate Home and House Buying and Mold, and Mold and Environmental Problems Encountered in Selling Real Estate and Homes

Also read: Ten Tips To Avoid Mold Problems and Lawsuits in Selling and Buying Real Estate

       Whether you want to sell or buy a home or other real estate, you need to be concerned about the possible presence of mold infestation and other environmental health threats which may be resident in the home, condominium, apartment complex, office, store, or other real estate.

        If you are the home seller, you should consult with your local real estate attorney about whether or not your state requires real estate sellers to disclose any water, mold, or other environmental problems known to the seller. You need to comply in good faith with all of your state's laws. If you know your home or property has a water, mold, or other environmental problem, or if you have a reasonable suspicion that there may exist such a problem, you would be wise to remedy the water problem, mold infestation, or environmental threat prior to even offering the property for sale and prior to even listing the property for sale with a realtor. To find both the visible and hidden mold problems in the property you wish to sell, hire a comprehensive mold inspection and mold testing by a Certified Mold Inspector, or, follow the do-it-yourself mold tips provided at Mold Inspection. Learn the 25 steps recommended for safe and effective mold remediation. Ask your attorney to be the one to draft which a home sales contract which might include the following items [plus any other helpful provisions recommended by your attorney]: (1) the buyer is encouraged to hire [at his or her own expense] a qualified home inspector to inspect the entire home or building for water or environmental defects or problems of any kind, plus a Certified Mold Inspector for comprehensive mold inspection and mold testing; (2) a detailed listing of home or building water,  mold, and other environmental problems currently known to the seller[s]; (3) a provision that the home is being sold "as is" with no home, plumbing, mold, or environmental warranty or guarantee of any kind; and (4) a provision that the buyer accepts full responsibility for any home, water, mold, and environmental problems which may be now in the home or property being sold, or which may ever arise in the future.

         If you are the home buyer,  you should consult with your local real estate attorney about whether or not your state requires real estate sellers to disclose any water, mold, or other environmental problems known to the seller. Regardless of any state requirement to do so, prior to making an offer to purchase the home or other real estate, insist that the seller[s] provide a signed and dated written disclosure [written by your attorney, if possible] of all seller-known home, water, mold, and environmental property problems of any kind. Your goal should not to be the home or property "as is," but to try to obtain whatever written assurance [in the sales agreement] that you are able to negotiate from the seller [s], if any, about the home condition, water, mold, and environmental status of the home or property. Have your attorney insert a 21 day [14 day minimum, but 21 is better] environmental inspection time period [beginning at contract signing] for you to have the home or property thoroughly inspected by a Certified Home Inspector and by a Certified Mold Inspector, and other environmental professions whose expertise may be required, with your retaining the right to cancel your purchase offer and receive back promptly a full refund of your earnest money deposit [in the hands of a title insurance company or the licensed realtor in the realtor escrow account] should there be any physical or environmental problems of any kind which are unacceptable to you as the prospective buyer. Do not rely on any mold testing and mold remediation done by the seller or mold professionals not hired by you. During the environmental inspection time period, pay for a comprehensive mold inspection and mold testing by a Certified Mold Inspector, or, follow the do-it-yourself mold tips provided at Mold Inspection. Learn the 25 steps recommended for safe and effective mold remediation. Get legal help from your attorney before waiving any present or future legal claims you may have in regard to water damage, mold problems, and environmental problems.  Please be aware that it is very easy for the costs of mold remediation to exceed the value of the mold-remediated home.


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Also read: [Avoid-Mold-Lawsuits] [Home-Mold-Questions] [Home-Builder-Mold] [Personal-Health-Links] [Mold-Expert-Advice]
 

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NOTICE: The information provided on this website is obtained from sources believed to be accurate. The information is provided free as a public service with the specific understanding and agreement by the website visitor that the website publisher is not engaged in rendering medical or legal services. If medical or legal advice or assistance is required, the service of a competent, licensed medical doctor or attorney should be sought.

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