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All Forum Posts by: Jeremy Olmen

Jeremy Olmen has started 1 posts and replied 3 times.

Post: Small Areas of Mold in First Flip

Jeremy OlmenPosted
  • Decatur, GA
  • Posts 3
  • Votes 0

I had a pro come out today and they agreed the ducts are fine, but there was some drywall near one of the returns that needs to be addressed. Quote is 3k for everything, which includes a certification of all clear, which isn't terrible given what I thought it might cost. 

This buyer has withdrawn but, as we now know there is mold, I figure it needs to be professionally remediated, as I and the agent are required by law to disclose to future buyers that there is/was mold, and specifically how it was remediated. And I figure if I say "by myself with some bleach" they'll run away screaming. :) Right?

Post: Small Areas of Mold in First Flip

Jeremy OlmenPosted
  • Decatur, GA
  • Posts 3
  • Votes 0

The buyer has requested it be professionally remediated (not just by a GC, which remediation can legally be performed by in FL as we recommended), including potentially replacing all of the duct work, which has not shown any mold. I fear some serious fear and hyping of the problem. I am getting a few quotes. Mold appears to be limited to drywall in a couple areas (wall behind a shower that was leaking and has been repaired, wall behind the washing machine).

If remediation is $5k for a small job (pulling that out of the air), I doubt seasoned flippers routinely have this professionally remediated, especially when simply tearing out drywall/replacing/wiping down with bleach after correcting the moisture problem is sufficient to correct it.

Post: Small Areas of Mold in First Flip

Jeremy OlmenPosted
  • Decatur, GA
  • Posts 3
  • Votes 0

I am at the tail end of my first flip in FL (decorated and on the market). The buyer's inspector found a few small areas of mold in the basement. I'm afraid that 1) a professional remediation of this will eat all of the profit from this flip, and 2) if it's not professionally remediated, having to disclose it to future buyers will scare them off, at least if we were to do it ourselves as the EPA seems to allow given how small an area it covers (3'x3')

None of these areas are large (all around a couple square feet) and are not actively growing (i.e. dry). 

How do experienced flippers handle this?