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How much does mold affect home value?

Even After Treatment, Mold Could Cost You Some estimates show that even a properly treated home can see its value drop by 3%, which means that your best option is to stay vigilant and get any mold issues taken care of as soon as they are discovered.

Is Connecticut a disclosure state?

Disclosure Law in Connecticut for Home Sales Connecticut General Statutes § 20-327b requires that residential sellers make certain disclosures to a potential buyer. The statute applies regardless of whether a licensed salesperson or broker is involved in the transaction.

Should you walk away from a house with mold?

If you are a buyer of a home, don't walk away from your dream home because a little mold is discovered. In fact, you may even receive a great deal on a home with mold because other buyers will lose interest due to lack of education. And you can usually skip the mold inspection.

Can you sell a house with mold in CT?

Can You Sell a House with Mold in CT? Thankfully, the answer is yes! There's still hope for homes with mold. Selling a house with a mold problem isn't as easy as selling a house without it, but it's certainly possible.

Is mold disclosure required in Connecticut?

The law exempts landlords from providing written disclosure to prospective tenants if the presence of mold was remediated according to the mold remediation guidelines (Cal. Health & Safety Code § 26147).

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Can you sell a house with mold in CT?

Can You Sell a House with Mold in CT? Thankfully, the answer is yes! There's still hope for homes with mold. Selling a house with a mold problem isn't as easy as selling a house without it, but it's certainly possible.

What does the seller of a house have to disclose?

Seller's disclosure requirements vary by state, but here are some of the common issues that standard disclosure forms address: Roof leaks or defects. Water leaks or previous flooding in the basement. Cracks or other defects in the foundation.

Is CT a non disclosure state?

Connecticut's statewide disclosure form reminds both buyers and sellers that the buyer should inspect a property thoroughly before buying it. It reminds buyers that sellers may reasonably have no knowledge about some areas of the property.

What do you have to disclose when selling a house in CT?

By law, home sellers must provide a disclosure statement in writing regarding the condition of their home. The contents of disclosure statements vary by state and municipality, but they must disclose known hazards and defects of the home, as well as any important information that may affect the seller's decision.

Is Connecticut a disclosure state?

Disclosure Law in Connecticut for Home Sales Connecticut General Statutes § 20-327b requires that residential sellers make certain disclosures to a potential buyer. The statute applies regardless of whether a licensed salesperson or broker is involved in the transaction.

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