Buying a house with water damage is risky. Water damage can be caused by various problems, but they can all result in mold growth in your home. Before you invest, talk to a qualified expert in mold remediation Rockville who can assess the damages and check for mold.
What Causes Water Damage?
There are many things that contribute to water damage in a house. Some problems are caused by a lack of proper maintenance, while others may be the result of an unexpected emergency or natural disaster. Common causes of home water damage include roof leaks; broken or leaky pipes; plumbing problems; faulty appliances; unsealed windows and doors; and foundation cracks.
What are the Effects of Water Damage?
Water damages can range from minor cosmetic fixes to serious structural repairs like wood rot, insect infestation and mold growth. Excessive water or moisture in an area for a prolonged period can promote mold growth and bacteria that increases your risk for serious health problems. Mold exposure can aggravate allergy and asthma symptoms and increase the risk for a variety of respiratory illnesses, especially in small children and the elderly.
Visible water damage caused by leaky refrigerators, dishwashers and hot water heaters, or clogged sinks and toilets is easy to clean up quickly, but hidden leaks in your roof, walls and basement can go undetected for years. Hidden leaks are far more likely to cause major structural damages and harmful mold growth in your home. You may have to open up the walls in these areas to determine the extent of damages.
How Do I Prevent Water Damage and Mold?
* Schedule an inspection – Before you purchase a house with water damage, schedule an inspection with a licensed inspector who can evaluate damages and problems.
* Meet with a contractor – Call a licensed contractor with experience in water damage and repairs to look at the house. He can evaluate damages and repair costs and give you a written report.
* Review reports – Evaluate the selling price of the house and the estimated repair costs, then decide if it's the right house for you.
If you're applying for a mortgage and homeowner's insurance, you may be required to repair the water damages before these transactions can be completed. If you have questions, talk to your real estate agent and your lender for additional information on buying a home with water damage.