Mold

Hello,

Can someone give me an idea on the cost of mold removal? I looked at a foreclosure today, approximately 1700 square ft. house which had mold everywhere, even on the kitchen cabinets. It was in a variety of colors.. black, green, and fuzzy white. The entire house is covered in mold.

Additionally, once there is mold disclosed on a property is it more difficult to sell even if the mold is removed?

The bank is asking $70,000 for the house which when rehabbed could go for $125,000 or more.

Any thoughts are greatly appreciated.

Thanks,

Helen

Comments(5)

  • NC_Yank13th January, 2006

    You need to get estimates from local contractors that handle such.............no one here can seriously give an estimate without looking at the problem.

    NC_Yank

  • helen175015th January, 2006

    Thanks for the advice. i am getting estimates this week.
    Helen

  • corvetteguys18th January, 2006

    just my 2 cents , but i have bought many homes with mold , i also have remodeled many areas with mold , years before we knew it was bad for a person !!

    the way i have delt with it easily is to use water and bleach in a sprayer .... thats it ....bleach kills mold within a few hours ..... it will not grow back unless it has a source of moisture


    i did a whole house once that after forclosure they left the water on in the bath tub ...the whole house was mold , windows walls ,ceiling s , i srpayed it with a garden sprayer and then rehabed the house , and lived in it for the next 6 months , it was fine and never returned , caution here is that i burned my lungs because it was cold outside and i didnt have a resprator on and my body didnt like that much bleach smell , so make sure your breathing fresh air some how

    i have used this mold kill on many homes , in the basements as well , it always works , however it will grow back if the moisure is high as in a basement wall that contiues to leak . good luck

  • helen175018th January, 2006

    Thank you for the information Corvetteguys. I appreciate your help.

  • helen175020th January, 2006

    Great point! Given the existing mold, I probably will offer around $40,000 if I even decide to go with this deal. Thanks for your help.
    Helen

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