This mold might be your key to a great deal

By
Real Estate Agent with Real Estate One 6501304423

Most home buyers run at the sight of mold.  And I agree in many cases you should run.  If you can't afford to fix the cause of the mold or afford to re-mediate the mold correctly you should run.  Many times it can become a major project because the mold has come down the walls and is behind the walls.  Those types of projects can become nightmares because you don't know how bad the mold is behind the walls.

But mold in the basement is one area, I think should not worry all Michigan home buyers.  If you and your family member don't have allergies or asthma this might be a problem that can be corrected.   If you have allergies or asthma you should stay away from homes with mold.

 Michigan mold remediation

I think there is opportunity to buy a home at a great price is when the sump pump backs up and floods the basement.  When Michigan home owners walk away from their foreclosed house they shut off the electricity.  Sometimes the bank doesn't even know the homeowners have left.  So when it rains the sump fills up, the basement floods, then the mold starts to grow.  This is what you seeing in these pictures. 

mold remediation

A basement flooding happens quite often in Michigan foreclosed homes because of the electricity being off.  The flooding stops as soon as the electricity is on and sump pump starts working. 

mold problems

This foreclosed home was in Southfield Michigan.

But when the basement floods the drywall will draw up the water like a sponge.  Then the mold will grow as high up the drywall as the water got absorbed.  The water could have been one or two inches deep and cause all this mold.

What is great is that the mold can be cleaned up.  Of course whoever does the work should be qualified to do the clean up.  Masks and protective clothing should be worn.  But basically gutting the basement down to the cement walls most likely can be the solution.  Then cleaning up the cement walls and repainting can get the home back in livable shape. 

On the other hand when a home floods because of broken pipes and there is on mold on the ceiling, walls, floor trusses in the basement and on the walls of the main floor.  Then I would run the other way.  That home is a major project.  You may not be able to get all the mold out in a home like that.

So don't cross off the house with the moldy basement if you are a cash buyer.  But if you are a buyer that needs a mortgage then forget about the home and move on.  The only time I ever saw a home get bought with mold was a USDA rural housing loan.  I don't know how it slipped through.    

I have seen homes that are absolutely beautiful upstairs and have mold downstairs.  Homes that need no work but have a moldy basement.  Those are the homes you might want to consider if you have the money and the people to clean it up. 

Search Michigan foreclosures                                     

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Rainer
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Grace Culver
Michigan Homes Network - home advertising and search - Ferndale, MI
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Yeah, mold can definitely be a problem and can cause many health problems.  I imagine these houses would be difficult to sell.

Sep 24, 2010 03:30 PM #1
Anonymous
Mark Banner-MJB Services Inc. (Mold Testing and Inspections)

Dear Mr. Ravary;

Thank you for taking time to speak with me this morning. As I indicated to you, MJB Services, Inc. specializes in Mold Inspections and Testing for homes, condos, apartments, and commercial properties. We're based in Northville and serve Metro Detroit and all of Southeast Michigan. We do not perform remediation, but can either refer you to qualified remediation companies or we can give you the criteria for selecting qualified experts who do this work.

Services include:
    Mold testing and mold inspections which include detailed written reports with photos, clear explanations of Lab Results, free consults
    Pre and Post remediation (clearance) testing

    Radon Testing; turnaround time is 2 days from start of test to final report

    Training; one on one or group


We use locally-based IMS Laboratory, Walled Lake, MI:
IMS Laboratory is accredited by the American Industrial Hygiene Association (AIHA); so data a creditable
Turnaround time for lab data is typically 1 to 2 days

Fees

Option 1-Testing only $75/test (min of 3 tests); Option 2 -Full inspection, which includes 2 tests: $275; Option 3- Inspection only $175; additional testing for any of these options is $75 per test


Available weekdays, evenings, and weekends to meet customer schedules
We pride ourselves in being honest about mold; no hype or scare tactics but the realities of mold
We provide our services with integrity

Dr. Mark J. Banner is owner; His credentials:

Ph.D. from Cornell University
Practicing microbiologist for over 30 years
Certified by the National Association of Mold Professionals (NAMP; www.moldpro.org)
Member of Board of Directors for NAMP
Is an instructor for NAMP, teaching the facts about mold and training individuals on testing and how to interpret test data
Appeared on TV Channel 7, WXYZ with well known reporter JoAnne Purtan regarding mold

I hope that if you need mold testing and/or inspections and radon testing, you will consider MJB Services, Inc. for these services. Thank you.

Sincerely,
Mark J. Banner, Ph.D.
MJB Services, Inc.
www.mjbmold.com
248-756-6364

 

Nov 17, 2010 04:25 AM #2
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