"Moldy Homes are a Great Investment" (c) Dr GW GrahamHave you seen this in your classifieds? -"Will pay $$$ for moldy homes. Call 555-555-5555"
All you have to do is watch
news and you know about mold problems. We hear about Ed McMahan suing because his moldy home killed his pet dog. We also hear about Erin Brockovich and Sandra Bullock's problems with their brand new moldy home.
* Mold has been traced to people dying in moldy homes.
* Mold has been proven to be leading cause of sinus infections * (Mayo Clinic 1997)
http://www.mayo.edu/proceedings/1999/7409a1.pdf
* Mold will destroy wood in a house.
* Mold loves to grow on wallpaper and drywall.
* We have actually seen it grow on glass.
People have had to move out of these houses. Sometimes even letting bank take back house because repair costs are prohibitive for most homeowners. As we all know, home insurance policies aren't covering these damages any more.
Not all people stuck with these problems give their homes back to bank. But many times they are motivated sellers. And people who invest in real estate love motivated sellers.
Before now, divorce created most of motivated sells. Move over quarrelling couples.
But title of this article tells us that mold creates a great investment. How can that be true if mold destroys health of homeowner?
The answer is that mold can be fixed inexpensively.
The people who want to move out have been told that it will cost up to $80,000 to get their home fixed. Some people actually do spend this money and find out they still have mold problem.
Why?
Because most mold abatements are made by construction companies. Many of these companies are “mold specialists” because they have taken a 3 day weekend class. It takes a Mycologist up to 8 years of college to learn minimum amount of knowledge required to understand mold in home.
