According to the Environmental Protection Agency, mold is the leading cause of allergies in the United States. A microscopic organism, it’s found everywhere – both inside and out of your house. But your home may be a repository for mold, and you may not even know it. Learn more in these articles, columns, radio shows, blog posts and videos about mold, what to do when you discover it, and how to remove it.
A home buyer asks about water damage and mold in the basement of the home they purchased after the seller disclosed there was a one-time event and the problem had been fixed. The buyer now wants to know if the seller is liable for the mold from the water damage and not disclosing it properly. Having documentation and a home inspection to back up the buyer's claim will help her going forward in this seller disclosure situation.
A homeowner asks about mold in a house she bought in "as is" condition. Who can she hold accountable for the house mold? Should the real estate agent or home inspector have pointed out the house mold? Does she have recourse for house mold when she buys a home "as is?"
Can you sue a home's seller because they did not disclose mold? This homebuyer discovered mold everywhere and the need for a new foundation after buying a home from a friend without an inspection. Here's how to make a seller disclosure case.
Mold problems can and should kill a real estate deal. A home buyer is in the process of buying a home that has problems - mold, termites and radon. After the seller fixed the problems, there are still extensive mold problems in the home.
According to the FEMA, approximately one-third of homes in New Orleans carry flood insurance, and homes there are insured up to about $56 billion. Fannie Mae and Freddie Mac announced that they will work with lenders and mortgage servicing companies to assist those homeowners who have been wiped out by Hurricane Katrina without insurance. Conventional homeowners insurance typically doesn't cover damage caused by flood waters.
Your home may be a repository for mold, not to mention lead, radon, and other toxic environmental hazards and you'd never even know it. One way to keep a lid on environmental hazards is to regularly test your home for them. You could hire a specialist, or you could make your way over to your local hardware or home improvement store and pick up an inexpensive "do it yourself" kit and test for the toxic hazard yourself.
A homeowner files a claim for mold in the attic, but the homeowners insurance refuses to pay the claim. Ilyce suggests reviewing the homeowner policy and discusses insurance company's view on mold. Does the homeowners' insurance company have the right to refuse to pay the mold claim?