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Updated almost 10 years ago on . Most recent reply

User Stats

52
Posts
18
Votes
Ayman Elmasik
  • Investor
  • Houston, TX
18
Votes |
52
Posts

disclose termite and mold in a flip when selling it - Houston TX

Ayman Elmasik
  • Investor
  • Houston, TX
Posted

I am currently flipping a house in Houston Texas and I found termite that was treated and mold that was also removed (New,sheetrock)

At the time of selling this house am I required to disclose that the house had termite and mold or the disclosure is at the time of the sale?

I am trying to hide it but just wanted to understand What is must And what is can be disclosed.

How does that affect your pricing if any?

Thanks,

Ayman

Most Popular Reply

User Stats

86
Posts
22
Votes
Nicole Garner
  • Real Estate Broker
  • Houston, TX
22
Votes |
86
Posts
Nicole Garner
  • Real Estate Broker
  • Houston, TX
Replied

Ayman Elmasik - as a licensed agent, I advise all of my sellers that they should disclose all material defects with a property in the listing. The Texas Real Estate laws requires sellers disclosures on property conditions to be provided to potential buyers.
I would be happy to answer any specific questions you might have but in short... Yes you need to disclose that there was evidence of prior pest treatment and mold remediation. Feel free to message me if you would like to chat in more detail.

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