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How to Sell A Molded Or Water Damaged Home

Jun 25, 2008
When you are trying to sell a house, one of the worst things that you can have going for you is the presence of mold on the property. Selling a mold-contaminated property is a difficult thing to do, especially if you do not want to have the mold problem taken care of before the property is sold. What options do you have when selling a property with mold? You have a few, actually.

When you go to sell the house to a potential buyer, you need to allow the buyer a two to three week period where they can have a professional come in and inspect the property for mold and other potential natural hazards that might be present. If you know for sure that mold is present, the only real test that needs to be done is to determine if the mold is toxic or not. Even if it is not a toxic mold, it can still cause structural damage to the home and should be removed.

If the mold remediation would be a small and relatively inexpensive job, then the best thing to do would be to just have it removed before the property is put on the market. This way, the person buying the home does not have to go through having the remediation done. It will help get your home sold much quicker if the mold problem has already been dealt with, but you can leave this chore up to the buyer as long as you want to take a little bit less for the property.

You should also make sure that you have in writing what steps you have taken to attempt to correct the mold problem and any other environmental problems on the property. Any type of past water damage or mold damage should be disclosed in the contract so that the home buyer is legally aware of it. Simply telling a buyer is not enough, because you cannot prove that you told them anything in most cases. You should also include that the home is being sold as-is and that there is no warranty on the property for reasons related to mold, water damage, and etcetera.

You should also have a clause included in the sales contract that will release you from any and all liability concerning the mold issue to the buyer of the property. All information you disclose about past mold and water damage to the home should be true and complete to the best of your knowledge and as long as it is so, you will be on good legal ground if the buyer tries to give you any problems over it.
About the Author
Rachel Yoshida is a writer of many topics, visit some of her sites, like
Chicago Water Damage restoration and Boston Water Damage Restoration .
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