What to Know About Selling a Moldy Home

Selling a home is hard enough, so when homeowners find mold in their dwelling, they might panic. There are plenty of homes on the market that don’t have mold issues, and buyers are far more likely to find out about the mold and move on to one of those. After all, in addition to being unsightly, some types of mold cause serious health problems. Why risk it?

If you suspect that your home has mold, it’s important to get a home mold inspection in Alpine, TX and start on the remediation process. You may be able to save the transaction, although it’s likely that you won’t be able to command as much money.

Can you sell a house with mold?

In short, yes—as long as you disclose the mold situation to the buyer. Sometimes the seller doesn’t know that the home has mold until the inspection, which comes as a nasty surprise. Not all mold is toxic, however, and in many cases, if it hasn’t spread, it can be removed without too much trouble.

If you spot the mold before listing the house, repair the issue before your home goes on the market. Remediating mold can be a time-consuming process, which adds unnecessary days to your home’s time on the market—something that looks bad to potential buyers.

In many cases where you find extensive mold during the selling process, the buyer will simply choose to revoke their offer. Others might ask you to significantly lower your price.

How to save the transaction

So, what can you do when you’ve found mold in the home you’re selling? How can you ensure the sale is able to proceed? Here are some steps you can take:

  • Disclose the problem: You are required by law to tell the buyer that you found mold, even if it’s just a small amount. Depending on how large the problem is, they may revoke their offer—but that doesn’t mean your house will never sell.
  • Inspect for additional mold: Once you spot (or smell) some mold, it’s important to check the rest of the house to assess the extent of the problem. You may wish to get a professional home mold inspection in Alpine, TX to make this job easier.
  • Fix any leaks or moisture problems: Mold can develop anywhere there’s humidity and a surface for spores to land upon. Seal any leaks to prevent further spread.
  • Repair the problem: If your mold problem is small, you might be able to remove and replace affected drywall and other materials yourself. For larger mold issues, it’s prudent to hire a professional. They’ll be more adept at removing the mold, preventing cross-contamination and making sure all affected are treated. They will also use HEPA air filters to help remove any mold in the air and clean the mold stains.
  • Consider selling “as is”: If you can’t or don’t want to deal with the mold problem yourself, consider selling your home “as is.” That will require you to lower the price, but you won’t have to deal with real estate mold remediation in Alpine, TX yourself.

Are you selling your home and want to work with an experienced realtor? Call Carpenter Real Estate today to learn more about how we can help you throughout the process.