Mold may be a concern for homebuyers and sellers. You can learn more about MOLD through this link and from the Texas Department of Insurance Mold Resource Page.
Here are a few other items you should keep in mind:
• Real estate agents and brokers are not experts on mold. If you need more information on this subject, explore the online resources above or contact an expert.
• Insurability may be an issue. Buyers should discuss the insurability of a property with their insurance agent early in the transaction.
• Be aware that there are presently no licensing or inspection standards for mold in properties. If you decide to seek a professional opinion, you may want to discuss mold inspections with more than one expert.
• Most experts will discuss the limitations of the inspections. For example, an air-sampling test that does not reveal extraordinary levels of toxic mold does not necessarily mean that mold is not present behind walls or under floors where the air samplers were not placed.
• The Texas Association of REALTORS disclosure notice provides a place for disclose of known mold issues.
• Most experts suggest property owners undertake preventive action, such as periodic cleaning of A/C systems, regular reviews of attic spaces, and periodic plumbing leak tests. The online sources listed above have helpful suggestions.
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