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Is it possible to sell a house with mold?

| Sep 1, 2018 | Real Estate Transactions |

If you want to sell your house quickly, it is likely that you won’t want to spend time refurbishing it so that it’s in its best possible state. However if when you were getting your house ready for sale you noticed structural and environmental issues such as mold, you may be concerned that this will severely affect the selling price of the house and whether you will be able to sell it at all.

While few molds are dangerous, they are never a welcome presence in a home. However, it is important to check that the mold present in your house is not toxic. Chart Arum and black mold can cause health problems. Therefore, it is always best to proceed with caution.

Selling the home

It can be difficult to sell a home with mold. However, it depends largely on the extent and severity of the problem. It is important that you first free yourself of any liability that comes with selling a home with mold. People have sometimes sued the seller for the health damages that the mold in the home caused.

You should also make sure that you do not get an unfair selling price. Mold is a disadvantageous condition. However, it does not need to affect the selling price astronomically.

If you have concerns about selling your house because it has mold, it is important that you disclose everything that you know to the buyer and that you protect yourself from future liability for the state of the home. An experienced Arizona real estate attorney can provide guidance.

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