Real Estate Companies Starting to Take Mold Very Seriously

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| 2013 Apr 19 |
Real Estate Companies Starting to Take Mold Very Seriously

One of the most common problems that scares people away from buying even the most beautiful, comfortable and appealing homes and properties, is mold. In fact, the real estate industry has suffered many times because of mold-contaminated properties. Recently the concern has become even more serious after an increase in the number of law suits associated with mold. This is causing real estate agencies to pay closer attention to the cleaning and maintenance of the properties they put up for sale.

Why all the hype?

Understanding why mold is such a big deal is essential in assessing your surroundings and getting rid of the contamination. Molds are fungal growths that can afflict both the interior and exterior of a building, causing serious damage by growing on all types of materials and objects like wooden furniture, window frames, carpets, walls and drywall, curtains, food, glue and wallpaper.

Real Estate and Mold in Montreal
Real estate agents are considering mold problems in the homes they’re helping to buy and sell, to better ensure their clients are safe in their homes and satisfied with their purchase.

What does mold need to grow?

While it’s a common belief that mold grows only in dirty surroundings, it’s a myth. In fact, the three conditions that foster mold growth are water, food and the right temperature to multiply. What’s scary is that mold can grow in places you never even imagined they could, and they can do so without you even knowing it. For example, did you ever think that there could be mold growing in the glue used to hold your wallpaper to the wall? There could be!

Is mold hazardous?

Some species of mold are extremely dangerous because they can be the catalysts for various health issues such as asthma, allergies, sinus infections, breathing difficulties, hay fever and many more. This is what makes it essential for potential home buyers to thoroughly check the properties they’re interested in purchasing. This is especially important since a typical home inspection doesn’t always include mold testing, and home inspectors might not be experts in mold detection and removal.

So, if you’re looking to buy or sell a home, you need to be aware of the impact that mold can have on your deal.