Davenport Iowa Real Estate

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Mold...A Real Killer!!!

I just read about Bryant Tutas story Blinded by False Hope!  What an ugly situation!  I'm interested in knowing more about mold situations.  Up here in Iowa, it is extremely rare, and scares the heck out of people.  I'm in the process of listing a home that had a small plumbing leak from the previous owners that erupted into full blown black mold behind the walls that cost my sellers $19,000 to repair.  They had no knowledge this situation existed until their children ended up sick in the University of Iowa hospital!  They believe everything has been mitigated, have had no further illness in their children the past two years, and are trying to assess what impact this will have on a prospective buyer's interest in their home. 

I have no experience with this at all and could use some advice from anyone who has.  What impact is likely on the sale process?  Is there insurance out there to protect people?  (My insurance exempts any mold claims)  Is there less impact in areas of the country that mold is more prevalent?  HELP!!!

For info about Real Estate Anywhere in the World, please call:

LUCKY LANG, VOTED FAVORITE REALTOR®

Lucky Lang Davenport Iowa Real Estate for Sale

Lucky Lang, SRES®, RFC, M.I.S.

Licensed in Florida & Iowa

Premiere Plus Realty, 886 Park Ave. #103, Marco Island, FL 34145

Cell: (563) 676-9031

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Comment balloon 13 commentsLucky Lang • November 17 2006 04:45AM

Comments

My last listing that had a mold issue was easily remedied by fixing the cause to the mold.  In this instance it happened to be a window that didn't have caulk in a pane.  When we had a hurricane it drove water thru the glass and soaked the drywall.  The drywall was removed and replaced, repainted.  A professional mold person brought in "air scrubbers" which are plugged in for a few days.  The home smelled so clean.  It was almost like the smell a hotel has with an indoor pool.  There are no chemicals used, the air scrubbers actually change the molecules of the atmosphere, killing the mold, allergens, etc.  It cost about $300-$400 (for a 1500 SF home) for the treatment in the Bonita Springs, Florida area. 

I'm having them treat my home the next time I go on vacation, just because it smelled so clean and removes allergens, pollens, etc.  It's a great idea to have the pro's treat a "funky" smelling listing that has either been filled with smoke or pets or some that has been ill.  It seriously irradicates all odors.

Bonita Springs Mold

Posted by Chris Griffith, Bonita Springs Listing Agent (Downing-Frye Realty, Bonita Springs, FL) over 13 years ago

Sounds like a great idea, thanks a lot!

What in the world is that picture?

Too funny!

Thanks again!

Lucky

Posted by Lucky Lang, Marco Island & Naples Florida Real Estate (Premiere Plus Realty Marco Island) over 13 years ago
Lucky-talk to some people in Texas.  it's been litigated there and that was the first state to really see the implications of mold on homeowner's insurance and such.  it hasn't yet been litigated here in NC so we're watching other states and preparing accordingly.
Posted by Leigh Brown, CEO, Dream Maker - Charlotte, NC (Leigh Brown & Associates, RE/MAX Executive) over 13 years ago
Lucky, we have lots of mold here in the Pacific Northwest. Most of it is fairly harmless. I'll send you some additional info when I get into the office this morning.
Posted by Rich Jacobson, Your Kitsap County WA Real Estate Broker (Fathom Realty West Sound) over 13 years ago

Lucky, mold is an issue everywhere.  Even in a dry climate like Utah.  I had a listing where a basement bathroom in a duplex did not have any venting and no windows.  The shower, windows, and even floor tile had mold.  As I asked the tenants about the property they said it was a nice place, but also talked about their respiratory illnesses.  They didn't connect the dots.

I discussed the concern with the seller who did not see any problem and was upset that I required we disclose the problem.  I terminated the listing and he went with another agent that would cave in to his demands.  A year later I heard of a lawsuit between the buyer and the seller. 

Whew...dodged another bullit!

Posted by Keith Jeppson - Salt Lake City Real Estate (Everest Realty Group) over 13 years ago

Lucky, here ya go!

http://www.epa.gov/mold/

http://www.doh.wa.gov/ehp/ts/IAQ/default.HTM

Scroll down on the 2nd link to the Mold section. Lots of great stuff there.

Have a great day in real estate!

Posted by Rich Jacobson, Your Kitsap County WA Real Estate Broker (Fathom Realty West Sound) over 13 years ago

Chris:  Still waiting to hear what that picture is. 

Leigh: Thanks for the tip.  Anyone from Texas out there to help me out?

Rich:  Thanks to you as well for the helpful links.

Keith:  Thanks for the story!

All:  Does anyone have any experience as to how much mitigated mold impacts the selling of a property?  Do people usually accept the fact that it has been taken care of or do they still expect a reduction because it once had mold?

Lucky

Posted by Lucky Lang, Marco Island & Naples Florida Real Estate (Premiere Plus Realty Marco Island) over 13 years ago
Lucky, it depends on how extensive the mold inspection/resoulution was. The key is having the buyer use someone who is qualified to inspect and treat mold issues.
Posted by Rich Jacobson, Your Kitsap County WA Real Estate Broker (Fathom Realty West Sound) over 13 years ago

It's a gas mask, from  Isreal. 

  

(Russia)

Posted by Chris Griffith, Bonita Springs Listing Agent (Downing-Frye Realty, Bonita Springs, FL) over 13 years ago

Thanks Chris.

Kind of a scary thought though.

Lucky

Posted by Lucky Lang, Marco Island & Naples Florida Real Estate (Premiere Plus Realty Marco Island) over 13 years ago

Mold testing/inspection is a standard question down here in KS.  We even have a mold sniffing dog team that is on our inspection list.

If I suspect mold in a house, I save the inspection fee and just bring my wife along.  She is highly allergic to the stuff and ....  just kidding, sorry honey.

Posted by Rob Lang, Local Expert in Lawrence Kansas Real Estate Homes (At Home Kansas) over 13 years ago

WOW!

Eula, what was your response to that one?

Lucky

Posted by Lucky Lang, Marco Island & Naples Florida Real Estate (Premiere Plus Realty Marco Island) over 13 years ago

If you are buying a home, it only makes sense to have a mold test.  The last thing you want is your family to be made potentially ill from living in a home with a high level of mold.

Posted by Josh Robbins (AirMD) over 9 years ago

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