Do you have an Albany NY Capital Region property that you are considering selling? Does the house have a mold problem, and is the thought of it getting in the way of the sale concerning you?
Fear not, you will have multiple options for the sale and multiple ways of dealing with the mold problem.
Selling The Property Via An Agent
The first option is to go through the traditional agent route. A traditional Albany NY or Saratoga NY area agent will help you sell your property to a home buyer, typically for a commission of 5%-6% of the sales price. When you sell to a home buyer, you might well have to disclose the mold issue to the buyer, even if it’s not apparent.
Chances are, however, that it’s very difficult to sell a property that has a mold problem to the average home buyer. Because of stories about toxic mold that are commonplace in today’s news, mold scares off most home buyers, even if the remediation is routine for a mold remediation specialist. The brave few that are willing to tackle the problem will likely want a massive discount as a result, which when combined the agent’s commission and various hidden costs, will eat into your bottom line. The sale may also take a long time, as it takes extra time it takes to sell the property with a mold issue to a home buyer.
If you have the funds, you might choose to spend the money to have the mold problem remediated by an expert. Mold remediation can be expensive and time consuming, and even if you go through the remediation process you might still have to disclose the issue to the buyer.
Whatever you do – do not try to hide the problem! Not only does mold create potential health issues for the buyer, but if you deliberately conceal the existence of mold you may be required to pay the buyer’s actual damages as a result.
Selling The Property To An Investor
If find yourself without the luxury of the time and additional cost needed to find a suitable home buyer or get the mold problem remediated, then you can nevertheless sell the property in as is condition. Investors like Capital Region Home Buyers purchase properties in any condition, and are not afraid of dealing with problems such mold. That means when you sell to us, you do not need to deal with any mold remediation and can get out of the home as soon as you wish.
Give us a call or fill out the form on our site to get an offer on your home within 24 hours.