Buying Moldy Houses

[Caleb Hale]

Hi All,

I'm new to BP and REI in general but one thing I've noticed is that if the word "mold" is in the description of a home it sells for peanuts. I've heard some people say that mold is not really an issue but that people are just scared it's going to be and those houses can be gotten for pennies and a handsome profit can be made. Others, however, claim that mold is a death knell and you should NEVER even open the advertisements for them.  From reading forum posts I see the debate rages on about how to deal with mold.  I'd love to hear stories (success and failure) about buying mold-ridden houses and ways one can turn a profit taking on the spores.  Thanks in advance for anything you can provide!

Caleb Hale