How Mold Can Affect Property Value

It can be exciting to finally find a buyer for your home or building, but as soon as they discover that there is hidden moldMold is a type of fungus that grows in damp or humid conditi... More in the basement or crawlspace, it can be deterring. As the moldMold is a type of fungus that grows in damp or humid conditi... More has the potential to start small and grow quickly, it can severely reduce the value of one’s property. The smell of moldMold is a type of fungus that grows in damp or humid conditi... More can also cause visitors to turn around and walk out before viewing the rest of the home or building.

If you suspect mold is present within the home you’re selling, be sure to look out for the following signs:

• Musty smells
• Dark spots on the walls, floors and/or ceiling
• Visible moldMold is a type of fungus that grows in damp or humid conditi... More sporesSpores are microscopic reproductive units of fungi or mold t... More
• Peeling wallpaper

Ultimately, this must be taken care of by a mold remediation specialist right away. Doing so can prevent a massive infestation, contaminating drywall, floorboards, furniture and more. All of this would require placing large sections of the property.

Also be sure to keep in mind the following when removing moldMold is a type of fungus that grows in damp or humid conditi... More before selling your home:

Call a Mold Remediation Company Right Away

It is always best to ensure your home or building provides a clean and sanitary environment before putting it up for sale. By hiring a mold removal service, you can significantly increase the value of your property beyond the value of having it removed. This way you can sell your home at a significantly higher price than its current value. You can locate your nearest restorationRestoration is the process of returning a property to its pr... More company, as they provide effective mold remediationMold remediation is the process of identifying, removing, an... More services to remove all cases and prevent it from returning in the future.

Mold remediation services include all of the following:

• Water damage restoration
• MoldMold is a type of fungus that grows in damp or humid conditi... More inspectionInspection is the careful examination and assessment of a pr... More
• Removing the source of the moldMold is a type of fungus that grows in damp or humid conditi... More
• Complete mold remediation
• MoldMold is a type of fungus that grows in damp or humid conditi... More preventionPrevention refers to actions taken to reduce the likelihood ... More
• Increase air circulation

Crawlspaces and Attics

Two of the most common hiding places for moldMold is a type of fungus that grows in damp or humid conditi... More is in the crawlspaces and attics. This is because it is dark, damp and without much activity. However, these areas will be examined thoroughly by an appraiser on inspector. If they do find moldMold is a type of fungus that grows in damp or humid conditi... More, they may not even allow the home or building to be on the market until this is handled properly.

Health Problems Associated with Mold

Especially with an infestation, moldMold is a type of fungus that grows in damp or humid conditi... More can be a huge safety risk for those who are sensitive to the sporesSpores are microscopic reproductive units of fungi or mold t... More. As numerous types of moldMold is a type of fungus that grows in damp or humid conditi... More prove to be extremely dangerous, such as black mold, they can cause itching, coughing, watery eyes, rashes, and more.

MoldMold is a type of fungus that grows in damp or humid conditi... More can also easily spread throughout the home from air conditioning, furnaces and circulating fans. It’s also not uncommon for sporesSpores are microscopic reproductive units of fungi or mold t... More to become latched onto clothing, contributing to respiratory problems and asthma.

This is why immediate treatment is crucial, not only to prevent it from spreading, but to protect your family, pets or staff. If you or anyone else are present around the moldMold is a type of fungus that grows in damp or humid conditi... More, be sure to always use protection equipment, such as gloves, eye wear, and a mask. As moldMold is a type of fungus that grows in damp or humid conditi... More has the ability to spread by dispersing its sporesSpores are microscopic reproductive units of fungi or mold t... More, you can avoid inhaling or having them get into your eyes.

Mold Disclosure on Property Value

As state laws will differ throughout the country, there will be specific regulations regarding cases of moldMold is a type of fungus that grows in damp or humid conditi... More. For example, some states may require you to disclose that your home previously had a moldMold is a type of fungus that grows in damp or humid conditi... More issue. You will want to refer to a real estate lawyer or realtor to avoid hefty legal fees in the future. Even after the moldMold is a type of fungus that grows in damp or humid conditi... More has been removed, it will be inspected again to ensure that it is in accordance with state and federal regulations.

Source of Mold Can Lower Property Value

Even if the moldMold is a type of fungus that grows in damp or humid conditi... More is removed, your home’s property value can still decrease significantly from an untreated source. Water damage issues like a roof leak, broken water pipe or leaky windows can all bring down the cost of your home as these can be costly issues to fix.

As all cases of moldMold is a type of fungus that grows in damp or humid conditi... More have a source, the majority will most often include some form of water damage. As moldMold is a type of fungus that grows in damp or humid conditi... More thrives off of moisture and porousPorous describes a material that contains small openings or ... More materials, including: wood, paint, fabric, drywall, and more, it will not be long before the sporesSpores are microscopic reproductive units of fungi or mold t... More will develop within the affected area. While it is not recommended to clean the moldMold is a type of fungus that grows in damp or humid conditi... More yourself as it can spread further and trigger allergies, eliminating the source of the problem is crucial.

This can include repairing a broken pipe, restoring water damage, allowing for proper air circulation, hanging up items to dry, and repairing roof damage. No matter the source of the problem, it will only be a matter of time before bacteria will accumulate and moldMold is a type of fungus that grows in damp or humid conditi... More will develop on the building materials.

Lower Property Value Even After Treatment

Even after the moldMold is a type of fungus that grows in damp or humid conditi... More has been treated and the source is removed, if your home buyer finds out this issue was present, they will immediately get a bad feeling and may even cancel the deal. However, a lower property value can account for any closing costs and even help the future buyer to make repairs to the home as needed.

Just keep in mind that some estimates show as much as a 3% loss on the property value, even after proper treatment was made. This is why it’s crucial to handle the problem right away to prevent it from spreading further.

Professional Mold Remediation

While you may be excited to move out of your home or building, there are several precautions to take before putting it on the market. One of these is maintaining a mold-free property. As inspectors will be thorough when searching for moldMold is a type of fungus that grows in damp or humid conditi... More, you will want to be sure that there are not any areas that are at risk for future growth. To do this, you will need a professional, licensed mold removal company.

Reputable mold remediationMold remediation is the process of identifying, removing, an... More providers will complete inspect, secure the area, remove the moldMold is a type of fungus that grows in damp or humid conditi... More, and identify other areas that are at risk. They also understand your urgency to move, which is why they arrive quickly to get the process started right way. Be sure to contact your local provider today to have all cases of moldMold is a type of fungus that grows in damp or humid conditi... More removed from your property.

About Vince Sandri

Vince Sandri is a content writer and blogger with more than 12 years of experience. His expertise is in creating content related to disaster restorationRestoration is the process of returning a property to its pr... More, including information about preventing and reacting to natural disasters like floodingFlooding is the overflow or accumulation of water in areas t... More, water damage, fire and smoke damage, moldMold is a type of fungus that grows in damp or humid conditi... More growth, storm damage and more.
Vince has been the main contributor to RestorationMasterFinder.com since 2014. Over that time, he has written numerous service pages and blogs for disaster restorationRestoration is the process of returning a property to its pr... More providers featured on RestorationMasterFinder.com. Vince has done extensive research and covered a wide range of topics relating to disaster restorationRestoration is the process of returning a property to its pr... More to help homeowners, business owners, and property managers better protect their property. He understands the problems that disasters like floodingFlooding is the overflow or accumulation of water in areas t... More, fire, smoke, and moldMold is a type of fungus that grows in damp or humid conditi... More can cause as well as the best ways to respond to these issues to limit the damage.
Vince completed his Bachelor of Arts degree at Aurora University and his master’s degree at DePaul University. He has been writing SEO website pages, blogs, and press releases since 2012. Vince is also a musician and can be seen playing in the Chicago, IL area.