For real estate agents, it almost seems like wishful thinking for a real estate transaction to be smooth sailing from beginning to end. Obstacles and roadblocks lurk around every corner trying to delay or put your commission out of reach. Of all the possible problems, the one that has taken front and center stage these days is mold. And for good reason. No one wants to buy a home that could be a bona fide health hazard.
Our heavy rainfalls in New Jersey often cause flooding, and mold growth in our crawl spaces and basements is all too common. Our high humidity levels leave us with water-saturated air in which mold can thrive. All you need is a burst or leaky pipe, backed up gutters, a non-operational sump pump, or any one of the myriad problems that can cause water intrusions, and you have a potential mold situation. Often, mold is often not discovered until the home inspection.
Mold problems are especially common in homes that have not been well maintained. Homes in foreclosure, vacant homes, rental homes, vacation homes, or homes whose owners have limited resources to stay on top of problems should all be looked at with a critical eye. Of course, any home in known flood zones has to be looked at as a potential mold suspect. Sandy is still not a distant memory. Its aftermath is still with us.
What should you do? What are your legal responsibilities? How should you advise the seller? What warnings should you give the buyer? What should you recommend to resolve the mold problem? When it comes to mold, there seems to be more questions than answers. Mold Solutions by Cowleys has prepared a concise downloadable Ebook that will answer all of your questions about mold. You’ll know exactly what to do to keep the deal and your commission on track.
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