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You've Got Mold...

Reblogger Stephanie Reynolds
Real Estate Agent with Integrity First Financial Group, Inc.

Toxic mold is nothing to mess with! It can cause dangerous health issues and can even lead to death. Michael Thornton shows us one extreme case of mold in this post, but even the smallest amount can potentially be just as dangerous.

Original content by TeamCHI - Complete Home Inspections, Inc. TN Lic#050

You've Got Mold...

Mold in bank owned propertyAnybody who has ever dealt with bank owned properties knows that they will be in varying states of disrepair. Oftentimes, this starts while the home is still occupied. Having given up hope, what was once their American Dream has now turned into their American Nightmare.

Deterioration continues as there is no longer a loving or caring person to give the property the TLC and pride of ownership it needs. Instead, a faceless, non caring entity, thousands of miles away, faced with another toxic assent on the books, lets the property degrade even further.

It is not uncommon to find properties such as this with environmental issues that are moreMold in bank owned property damning to deal with as compared to broken windows, rotted trim and updating the floor coverings. Molds, especially toxic varieties,  can put the final nail in the coffin on what was once a beautiful home. Costs of remediation can easily run into the thousands. Expendatures that must be factored in, when negotiating with faceless asset managers whose only interest is the bottom line.

Even serious mold issues can be addressed. Home handymen are not trained nor do they have the necessary equipment to tackle jobs of this nature. When interviewing and securing estimates, make sure the company adheres to IAQA protocols. If they don't, look elsewhere. Cheaper is not always better especially when it comes to your health and the heath of your loved ones.

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Sarah Becker
SJB Real Estate & Management - Browns Valley, CA
Northern CA REO & HUD Home Sales

Yikes to those pictures...

Oct 20, 2010 12:12 PM
Stephanie Reynolds
Integrity First Financial Group, Inc. - Santee, CA
East County San Diego Homes 619-838-4408

This really is the extreme! Even the smallest amount of mold hiding in carpeting or drywall can be deadly!

Oct 20, 2010 12:13 PM
LaNita Cates
REMAX of Joliet - Joliet, IL

Wow - And I thought I had seen some of the worst mold situations. Now I know I have!

Oct 20, 2010 12:20 PM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

EWWWWWWWWWWW - I did a BPO on a condo unit where the foreclosed on homeowners intentionally left the water running.  It was up to 3 feet in the unit.  I reported that in the BPO and the listing stated " bank has no knowledge of or liability for any damage to the property."  BUT THEY KNEW - I TOLD THEM.

Oct 20, 2010 06:41 PM