Purchasing a home without confirming it is mold-free can negatively impact its resale value. Potential buyers down the line may conduct their own mold inspection, uncovering issues you were unaware of. Even if remediation is completed, the stigma of having had mold in the property can deter buyers or decrease the home's market value.
For buyers concerned about mold, including a mold inspection as a contingency in the purchase agreement is an essential step.
This allows for negotiations if mold is detected, such as requesting the seller to address the problem or reducing the purchase price to account for remediation costs. Ignoring this precaution may lead to regret, as you could inherit a costly and stressful situation that diminishes your enjoyment of your new home.
Including a mold inspection in your due diligence protects your investment, health, and peace of mind, ensuring your new home is a safe and welcoming place for years to come.