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Is A Mold Inspection a Good Idea Before Purchasing Property?

4/11/2019 (Permalink)

Commercial Is A Mold Inspection a Good Idea Before Purchasing Property? A strong, musty odor may indicate hidden mold

A property with a history of water damage may also have a mold problem. Even if mold is not actively growing, dry spores can easily spread throughout a structure. If conditions become conducive for growth, the problem may become severe. A mold inspection may be worth the cost prior to buying a building in any of the following cases.

A History of Water Damage

It is a good idea to inspect properties with a history of water damage. An indoor environmental professional can help prospective buyers determine several important factors:

  • Whether past damage was properly restored
  • Whether mold growth is active or otherwise present
  • Whether remediation will be necessary

These considerations can help buyers make more informed decisions. If a building has a high risk of developing mold or will require remediation, this may significantly increase the amount of capital that the purchaser must invest.

A Musty Smell

The smell of mold is caused by microbial volatile organic compounds. These off-gases are released during the fungal growth cycle. If mVOCs are present, mold is probably growing in a structure. A mold inspection is a good idea for buyers who are interested in properties where this smell is present.

A Worthwhile Investment

Buyers considering properties with indications of water damage or visible mold should try to quickly determine the severity of the mold problem. Mold growth may become more extensive as time goes on. If there are no signs of water damage or musty odors, it is likely that any damage that occurred has been properly restored.

A prospective buyer should make sure that a property merits a mold inspection. Testing can be costly and processing results may take several days. If signs of moisture or mold are apparent, serious buyers may want to arrange for an inspection by an IEP followed by remediation by mold damage experts in Yonkers, NY.

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