It’s exciting to find the perfect property during your extensive house hunt. Discovering that it has a mold problem, though, can kill your enthusiasm quickly. The common household allergen thrives in dark, moist spots, and it isn’t always visible to the naked eye. While you may not want to commit to a house that requires mold removal, you should also keep in mind that it’s not necessarily a reason to back out. Here’s what you need to know.

What to Know About Buying a House That Has Mold

Where Are Some of the Common Places Mold Grows?

Mold spores exist everywhere. It may develop on drywall, on insulation, in carpet fibers, and behind wallpaper. It’s also not unusual for the substance to form in basements and attics. If the attic had a leak or the basement suffered a flood, the ensuing water damage would create a perfect environment for mold to grow.

According to the Federal Emergency Management Agency (FEMA), mold colonies can grow and spread within just 24 to 48 hours. That’s just enough time to cause significant issues inside a home, including strong odors and visible discoloration. Inhabitants may experience severe allergic reactions that mimic hay fever.  

Can Mold Impact the Final Value of the House?

There are a couple of points to keep in mind if you discover the home requires mold removal. Its presence can significantly bring down the appraisal value, and you may have an easier time negotiating a lower purchase price as a result. Also, as a buyer, you might have submitted your offer with a contingency. If you can’t arrive at an agreement with the owner because the home needs extensive work, including professional mold removal and remodeling to repair water damage, you’re free to back out.

Does Mold Presence Mean I Shouldn’t Buy the House?

Although it may make you think twice, mold doesn’t have to be a deterrent. Not only can you negotiate a lower price, but you can also trust that a qualified professional can handle all aspects of removal and remodeling so that the home is safe and as good as new for you and your family.

Don’t let mold turn you off from purchasing the home of your dreams. The experts at Hudepohl Restoration offer reliable mold removal, water damage restoration, and remodeling services throughout Louisville, KY, and Cincinnati, OH. If you want the home and wish to get rid of mold efficiently, you can trust them to handle the job and leave the area safe, inhabitable, and clean. You can visit their website to learn more about their extensive services, or call (502) 873-5744.