The following scenario has played out all too many times during the process of selling a home. A home seller has had their home on the market for some time and finally finds a buyer. The buyer makes an offer on the home, and after some back and forth negotiations, an offer that both sides can agree upon is reached. Home loans are being finalized, the current owners are looking for a new property, and then, upon inspecting the home to help close the sale, mold is discovered.
Now the buyer and seller have some important decisions to make. Does the buyer want to continue on with the sale? If so, do they want to change the terms of the sale to push the cost for repair over to the seller and delay the timeline for closing? And if they do, will the seller then want to adhere to those terms to conclude the sale?
The cost of repairing mold will vary based in part on how extensive the damage is. According to HomeAdvisor, the cost generally ranges from a few hundred dollars to $6,000, and the national average cost is over $2,000. And while you may think your home is not affected, you might actually be surprised. Experts have suggested that around 50% of homes have some level of mold.
If you have a home impacted by mold in St. Louis, FasterHouse can help. We purchase homes as-is, meaning that we take ownership of them in their current state with no obligation on you the home seller to make any repairs. That covers things as simple as paint and minor improvements but it also covers issues as significant as mold repair.
So, with our help, the previously mentioned scenario would never be an issue at all. You will not need to worry about extending your sales timeline by adding in another week for mold repair, or about adding to your expenses by absorbing the cost of mold remediation.
We make the process of selling your St. Louis mold-damaged home easy. You can contact us by phone or online to set up an appointment. We will come to your home and review it to understand the severity of the mold issue as well as any other factors that might influence the home’s resell value. We will then get back to you with a fair market value offer for your home in as little as 24 hours after meeting with you.