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Got Mold? Here's Helpful Info and Next Steps

Thursday, June 13, 2019   /   by Loren Foxx

Got Mold? Here's Helpful Info and Next Steps

"There's mold." That can be a frightening word for both a buyer and a seller. But not all molds are created equal, and the mere mention of mold shouldn't be a reason for buyers (or sellers) to run for the hills. Did you know that 50% of the homes in the United States have some kind of mold?

There are more than 10,000 species of mold in North America, and molds that grow in your home are different from the ones that grow in the woods. Different species of molds grow in different conditions, which makes sense. But just because there's mold doesn't mean it's harmful or impossible to fix. 
Most molds fall into five types: 

- Alternaria, which grows in damp places that have suffered water damage and cause allergies and asthma;
- Aspergillus, which is the most common type of mold that's found indoors and can cause lung inflammation;
- Cladosporium, which grows in cool areas and appears on fabrics or curtains; 
- Penicillium, which is blue or green and can be found on materials that have been in contact with water; and
- Stachybotrys chartarum, also known as "black mold," which produces toxic compounds and can cause severe reactions.

But they're not all dangerous or harmful, and they are certainly not created equal.

As real estate professionals, we're not mold experts, so we can't make judgments about the types of mold. But we need to trust our eyes (and our nose) to make some basic determinations about the presence of mold; we also need to understand what has caused the mold to grow. Typically, it's a result of the presence of moisture: condensation on pipes, a lack of insulation in the walls, water getting through the walls, or other issues with the home. 

We are here to help our buyers determine potential future exposure, so we are here to serve as an extra set of eyes (and a nose, too). We help our sellers determine if there is an issue, too, along with the best ways to mitigate it to preserve the value of the home. With the number of transactions we handle, it is essential that we know our way around these issues and have the experts on speed dial. Contact us today to learn more about how we can help!