You Can Make Money with a Mold House
Yes, mold does cost money to repair. What if we could show you a way to make money with a mold house? Making money from a problem peak your interest? We have helped many homeowners do exactly that. By knowing a few tips and tricks you can legitimately increase your net worth at the same time solving a mold problem.
The thought of mold removal cost can be a red flag for some people when they find a mold house or a building they are looking to buy. Taking care of mold can be a very time-consuming and costly process and can keep a homeowner from deadlines and other improvement projects as well as being a source of stress. Investing in a place with a preexisting mold condition often does not appear to be worth the effort. It is just too overwhelming! The truth, however, is that buying a house with mold can actually be in your best interest, and we at FreshStart Restoration want to help you. Because most people look at mold issues as a reason to not purchase a house, properties with mold will often time sell at lower prices. Sellers know that mold will keep them from finding a buyer easily and will sometimes be willing to let their property go for less than they would if there were no mold involved. This provides the buyer with instant equity! FreshStart Restoration has helped people through their process of buying homes or buildings that have mold present and have experience with lenders who will pay for the mold removal cost by including it in the loan. Our recommendation is that you talk with a mortgage company that provides not only conventional loans but also 203K loans.
A FreshStart Story: Customer Gained $15,000 from Molded Home
One of our favorite stories is a customer we helped gain over $15,000 in instant equity. They were able to purchase a molded home that they loved. The mold in the home was caused by improper humidity control. With the advice from our mold professionals, the buyer was able to remedy the humidity issues through a simple venting and air conditioning repair. We were able to remove all mold safely and restore the property to like-new condition. The best part of all, the buyer was able to secure a loan to pay for all of it and still come out ahead with a $15,000 gain in equity. This customer has lived in his mold free home for the last two years and couldn’t be happier with his decision.
Things to Consider When Purchasing a Molded Home
When looking at homes that have mold, we suggest buying a mold house where the mold was caused of an easily resolved maintenance issues, such as cracks in the foundation, grading and gutter issues, pipe breaks, or previous water damage issues that were never taken care of. Inefficient ventilation in attics or crawl spaces can cause water damage. Which results in mold forming. However, the attic ventilation can be repaired so it will no longer cause mold problems. Another reason for mold that can easily be fixed is elevated humidity levels from an ineffective air conditioning system or improper drainage from that system. If mold is present, it will most likely be found during a home inspection. You can also ask for a mold inspection, which is a service we at FreshStart Restoration are happy to provide. We are not only equipped to detect the presence of mold in a building, but we are also able to ascertain if the cause of the mold is easily fixable and worth investing in. We work directly with the homeowner to solve all of the mold problems at a fair mold removal cost and award winning customer service. When it comes to mold…quality matters.