Special offer

Is That Too Much Mold?

By
Real Estate Agent with Ansley Real Estate/Christie's International 262285

Home flipping is never going away and the Atlanta area remains at the top for real estate "investors". HGTV cures everything in just 22 minutes and no one ever loses money. PT Barnum would be proud because shows like that encourage people to think it's easy. It's not and most people fail horribly and lose lots of money.

One of the most common issues that broadsides unsuspecting investors (and normal home buyers) is mold. It's a hot button and it's everywhere - naturally. Not all mold is dangerous but the public perception has been shaped to make it so. Common sense is always in fashion; it's best to take things one step at a time.

How much mold is too much mold? Simple question but it depends on who is answering it. This video was shot in an investor owned home in Atlanta. While it's certainly clear there is an issue, remediation and correction of the cause was not overly complicated. In this case, the buyer was measured, did the research and scored a nice home well under market.

Appraising during the crash years we saw absolutely horrific foreclosures. Here are a few videos from that time, all homes that have since been absorbed into the market... 

Comments (3)

Shayne Stone
HomeSmart - Fulshear, TX
"Your Rock Solid Choice Realtor" RETIRED

Joan Cox  here's a post that just got blogged today, good read...

Jan 21, 2023 12:43 PM
Joan Valverde
HomeSmart - Colorado Springs, CO
GRI,CDPE,CNE,MRP,SRES Colo Sprgs, Blk Forest, Monu

Here in Colorado, we don't see a ton of mold, BUT we must always have the buyers investigate well so they know what they are getting into.  Have a good day!

Jan 21, 2023 12:51 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Jan 22, 2023 04:14 AM