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Old 10-30-2014, 09:44 AM
 
1 posts, read 1,981 times
Reputation: 14

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We moved out of our home in Feb 2014, disconnecting the basement dehumidifier, and discovered non-toxic mold in a few spots in the basement 5 months later during a home inspection while the house was on the market. The buyer walked away without even asking for remediation, or anything. We had the basement remediated and connected the dehumidifier to the HVAC system. The mold company provided a 10-year warranty on the work, but we've had 2 more potential buyers walk away as soon as they heard there was a previous mold issue. It's a great house, with lots of new upgrades, but we're worried we'll never be able to sell it with the mold stigma. Any suggestions?
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Old 10-30-2014, 10:22 AM
 
7,672 posts, read 12,824,033 times
Reputation: 8030
Maybe lower the price of the home to offset the mold stigma? And advertise the fact that while most basement may have a MOISTURE issue, you have both a dehumidifier AND a 10 year warranty on the work for no mold.
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Old 10-30-2014, 10:28 AM
 
Location: Salem, OR
15,578 posts, read 40,440,822 times
Reputation: 17483
Your agent needs to be proactive. Have agents call your agent before showing so she can explain what happened and then give them current mold testing that shows normal levels. Do you have current mold testing that shows it has normal levels of mold?
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Old 10-30-2014, 11:39 PM
 
Location: Purgatory
6,387 posts, read 6,279,468 times
Reputation: 9921
So there is NO mold now? Is this contingent on the dehumidifier running? Doesn't this cost electricity?
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Old 10-31-2014, 08:32 AM
 
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,585 posts, read 81,206,701 times
Reputation: 57821
People are very scared of mold, mostly because they watch TV and see shows on HDTV and DIY like "Holmes Inspection".
They may be concerned that it was not all removed, or that it will come back. You might talk to the realtor about options and disclosure law. Maybe taking it off the market for a while will allow you to start over with a new inspection that is clean, and perhaps "former mold" after remediation is not required to be disclosed?
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Old 10-31-2014, 09:52 AM
 
Location: Salem, OR
15,578 posts, read 40,440,822 times
Reputation: 17483
Quote:
Originally Posted by Utopian Slums View Post
So there is NO mold now? Is this contingent on the dehumidifier running? Doesn't this cost electricity?
Lots of basements need dehumidifiers. I think it is pretty common.
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Old 10-31-2014, 10:43 AM
 
Location: Lakewood Ranch, FL
5,662 posts, read 10,745,652 times
Reputation: 6950
Price is always a way of overcoming objections but I would have a mold test done by a company other than the company that did the remediation and have that report accompany your disclosures. I'd also put in the MLS remarks that you will pay for the buyers' test using their choice of testing company or inspector. That is putting your money where your mouth is and, if the price is right (not too low because that sends a signal that something IS wrong), that should give a buyer confidence that they will be ok.
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Old 10-31-2014, 12:13 PM
 
Location: Philaburbia
41,961 posts, read 75,205,836 times
Reputation: 66920
Buyers -- and their real estate agents -- need to get a grip. Every home has mold. Most mold isn't toxic, can be taken care of with a bucket of bleach, and prevented with a dehumidifier.
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Old 10-31-2014, 12:20 PM
 
4,676 posts, read 9,994,516 times
Reputation: 4908
I don't think there a house in my entire state which doesn't have mold/mildew in the basement.

That's what happens when you're surrounded by water and have high humidity levels.
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Old 10-31-2014, 02:19 PM
 
Location: Lakewood Ranch, FL
5,662 posts, read 10,745,652 times
Reputation: 6950
I think the above two posters are missing the point. You are both right but missing the point. If the buyers hit the road because of the news of mold, they clearly are not buying in an area where mold is present in every house on the market. The OP must overcome a stigma to sell the property and it doesn't matter if the stigma is real or perceived.
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