The Dangers and Benefits of Mold in Real Estate Deals

I bought a house with a very leaky roof about the same time I completed a training course on mold rehab and remediation. As luck would have it, Jeanne Townsley-Smith, the teacher of my course and a Certified Mold Remediation Specialist, wanted to make an offer on the house two years earlier when it was still an REO (Real Estate Owned by the bank). But it was a war zone full of mold and priced too high for the condition of the house.

While hearing from Jeanne how moldy the house was two years ago, I wanted to know what was under that fresh coat of paint the bank impressed me with when I bought the house. Was it a cover up? What did I really buy? Jeanne and I were both curious to see how bad the