How to Sell a House with Mold
Selling a House with Mold in Florida: What You Need to Know
Mold issues are common in residential buildings, especially in humid areas like Florida, where nearly 47% of homes have detectable mold. While minor mold may not be a deal-breaker, extensive mold growth can complicate the home-selling process. At Trivanci LLC, we specialize in helping homeowners sell properties as-is, even with mold issues, so you can move forward with peace of mind.
Disclosure Requirements for Mold in Florida
Under Florida law, sellers are required to disclose known mold issues to potential buyers. According to Fla. Stat. §475.278(2d), sellers must disclose all facts that materially affect the value of the property and are not readily observable to the buyer. Failure to do so can result in legal consequences, including lawsuits for damages.
Additionally, the Florida Seller’s Property Disclosure form explicitly considers mold an environmental hazard. If you’re aware of mold in your home, you must indicate its presence. Transparency ensures a smoother selling process and builds trust with buyers.
Should You Remediate or Sell As-Is?
When deciding whether to remediate mold or sell your home as-is, consider the following factors:
Severity of the Mold Issue
Signs of serious mold problems include:
Growth covering more than 10 square feet.
Mold in the HVAC system.
Health symptoms like allergies or respiratory issues.
A musty smell or hidden mold in areas like drywall or flooring.
Professional remediation is recommended for extensive issues, especially if water damage or HVAC contamination is involved.
Cost of Mold Remediation
Mold remediation can cost $1,223 to $3,750, depending on the severity. Whole-house remediation can reach $30,000, particularly if structural repairs are needed. Remediation costs often aren’t covered by insurance unless the mold results from a covered peril.
If you choose remediation, ensure the company is certified with IICRC credentials to guarantee quality work. Use the IICRC Global Locator to verify credentials.
Options for Selling a Home with Mold
1. Sell to a Cash Buyer
Selling to a cash buyer like Trivanci LLC allows you to sell your house quickly and as-is. Benefits include:
Fast Closing: Close within days instead of months.
No Repairs Needed: Avoid the hassle and expense of remediation.
Transparent Offers: We consider the home’s current value, repair costs, and after-repair value to provide a fair cash offer.
2. Make Repairs and Sell with an Agent
If maximizing your sale price is a priority, consider remediating the mold and selling traditionally with an agent. However, this option requires:
Upfront Costs: Pay for mold remediation, repairs, and staging.
Time Investment: Prepare for a longer selling timeline.
Commissions: Deduct 5-6% from your sale price for agent fees.
3. Offer Credits to the Buyer
If you’d rather not handle repairs, you can offer buyers a credit to cover remediation costs. Be prepared for inspections and negotiations that may affect the final sale price.
Why Sell to Trivanci LLC?
Selling a house with mold can be challenging, but Trivanci LLC simplifies the process. We specialize in purchasing Florida homes as-is, including properties with mold, water damage, or other issues. Here’s how we can help:
Quick Offers: Get a no-obligation cash offer within 24 hours.
Hassle-Free Process: Skip repairs, inspections, and drawn-out negotiations.
Transparent Transactions: We’ll explain how we calculate your offer and guide you through every step.
Ready to Sell Your Home with Mold?
Selling a house with mold doesn’t have to be stressful. Whether you choose to remediate or sell as-is, Trivanci LLC is here to help. Contact us today for a free cash offer and take the first step toward a fresh start.