Water damage and mold are among the most intimidating issues a homeowner can face when trying to sell. They can make a property unlendable for traditional buyers โ but that doesn’t mean you’re stuck. Here’s what you need to know.
Why Traditional Buyers (and Their Lenders) Won’t Touch It
Lenders require properties to be in “habitable” condition. Active mold, water-damaged structural components, or compromised systems often fail appraisals and inspections, killing the financing and the sale. Traditional buyers who would buy it often insist on extensive remediation before closing.
What We See Instead of a Problem
We see a property that needs remediation โ and we have the contractors, the experience, and the financial resources to handle it. We purchase water-damaged and mold-affected homes regularly. We factor the remediation cost into our offer, which will be lower than a pristine home โ but you still walk away without having spent a dollar on repairs.
Health and Safety During the Sale
We don’t require you to stay in a mold-affected home while the sale proceeds. If the property is unsafe to occupy, we can work with you on a timeline to vacate before or during our closing process.
Disclosure Requirements in Nevada
Nevada law requires disclosure of known material defects, including water damage and mold. With a cash sale to us, the disclosure process is straightforward โ we already know about it and have priced accordingly.
Water damage or mold? Call us: (877) 800-3187
