How Mold Impacts Real Property Values and Real Property Decisions

photo-1ic Aendics more people are becoming aware of mold as a real "legal" threat to their financial well being, a new area impacted by mold is emerging within the residential real estate market: property values and sales. Mold affects real property transactions in many ways. For example, mold and its related odors, has sometimes been found to effectively "kill" real estate deals. According to an informal study conducted by Realtormag.com, approximately 28 percent of the respondents said that home buyers would "turn up their noses at sale homes with mold and mildew problems," and only 6 percent …