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Buying a House with Mold – Salem, NH 03079

Written by jsolloway on . Posted in , , .

You’ve endured a long, tiring, but exciting search for the perfect home. You’ve finally found one; great location, the right amounts of rooms, ideal size, and flawless scenery from all areas of the house. You’ve decided this is the one! Then you discover your perfect Salem, NH dream house is infected with mold. Don’t fret too much! Buying a house with mold may not be as bad as you think. While there are some negative effects of mold, you may still be able to remedy your problem and not have to give up on your dream home.

Causes and dangers of mold

Mold may be present when there is a significant amount of moisture for an extended period of time and a food source. This could be caused by leaks or wet housing materials. Mold grows on many surfaces and digests those surfaces to thrive. It is most likely, but not always, located in attics, basements and crawlspaces. Mold can be quite an eyesore, and some molds can have a bad odor. It can also cause serious health concerns, ranging from allergic reactions to serious respiratory problems. Molds can be blamed for seizures, fatigue and other serious symptoms experienced by mold sensitive people who have contact with the fungus.

Protecting yourself when buying a house with mold

You may not be ready to walk away from your nearly perfect find. However, before you commit to buying a house with mold problems, you need to know you can back out of, or renegotiate the deal. Whether you uncover the mold problem during your walk-through, admission from the owner or agent, or as the result of inspection, you need to take control by adding contingencies to your written offer. Contingencies benefit you if the problem is discovered during a housing inspection or not resolved to your satisfaction. An inspection or mold contingency allows you to walk away from the sale if; problems are discovered; you ask for a reduced selling price; and require the seller to repair the mold.

Appraisal Issues

Mold can affect the appraisal value of a home. For some buyers it can make the home more affordable. However, if you intended to move into a home in excellent condition, it’s best not to make an offer on a mold infected home until you’ve had an independent appraisal. Large overgrowths of mold and mold in unusual locations are especially likely to lower a home’s value.
On the flip side of this some banks will not finance properties with mold issues. It depends on the type of loan so you should check with your loan officer or mortgage broker. The remedy to this is to have professional remediation completed and documented prior to closing.

Call the mold remediation and prevention experts

Unless your problem is minimal, there’s not a lot you can do to remove mold on your own. For bigger jobs you need to call a professional. Soil-Away Cleaning and Restoration is an excellent choice for mold removal. With over 25 years of experience they can successfully remediate the issues. Buying a house is stressful. Buying a house with mold is even more stressful. Let the team at Soil-Away take care of any mold issues so you can focus on what really matters. Call the mold experts at Soil-Away today at 603-641-6555.
Written by E. Aceves

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Jay KorsenJay Korsen
00:51 04 Aug 22
All I have to say is WOW and FANTASTIC. I just got done building out my new professional office with Soil-Away’s construction division and they went ABOVE and BEYOND. Scott and Mike, the carpenters are skilled artisans. The project got done on time and the project came in on budget! The finished results have been blowing people away. Much better than I could have anticipated. Anyone is welcome to come to our office, Bright Light Chiropractic in Hooksett to check out the fine work they did. Simply can’t sing enough praises for them. Sorry that the picture doesn’t do the job justice. Thank you Jack and your team. -Dr. Jay
Asian BreezeAsian Breeze
04:28 15 Jul 22
Since day one, I’ve known the owner, Jack, to be a hard-working and selfless leader. Through the efforts of him and his team, he was able to restore my flooded restaurant to tip-top shape. I was amazed with Jack’s orderliness throughout the entire process. Jack has proven to me that he is trustworthy, as both a friend and an individual in the work environment.
Breton LangendorferBreton Langendorfer
21:17 07 Jul 22
Highly recommend Soil-Away. A pipe in our upstairs bathroom gave and sent water down through a wall for at least a day before we noticed water dripping through our kitchen ceiling. Our insurance put us in touch with Soil-Away and they were at our house the next morning to assess the damage and dry things out. Joe, Ray and Tom were phenomenal to work with. They explained every part of the process to us and were very professional and friendly. If you have to deal with similar issues call Soil-Away, you won’t regret it.
Maureen CidzikMaureen Cidzik
13:49 15 May 22
Superior service from start to finish. Highly responsive. The entire team is dedicated to quality and customer care and it shows in everything they do – from first call, to estimate, to job completion.
Sarah GrugnaleSarah Grugnale
16:02 14 Jan 22
Joe and Tommy were amazing to deal with, they kept us updated every step of the process. They were punctual and hard working, answering all of our questions that we had. Everything was done as promised and even above and beyond. A great experience from start to finish.