Do you have to? NO Have to NO, but it will be a problem once the buyers hop in and see it and
turn around and do not want to have anything to do with the home.
Even if you take care of it with a good reputable mold remediation company and believe me this is
usually not inexpensive, if it truly toxic black mold, as there is mold of other kinds. But it is the bad kind the remediation company will test, and then it is not clear if you are seeing it on one outside wall if it has not already migrated behind the walls and in other places...
So have mold specialist come in, check the mold, and make recommendations, that way you will
better understand what the real problem actually is and how to take care of it.
No matter what, if it is visible it is a problem to a buyer
If you take care of it and have the bills from the company and mention it in the sellers disclosure
it may still worry the buyers, but if they like the house enough and the location and the neighborhood they may still make an offer....
I work with a lot of buyers, and in order to protect them, I usually encourage them to buy a property with no evidence of existing or taken care of toxic black mold....
And then it always depends on how big of a problem is really is, if it is just in a small area, may be
not much of an issue. You will be told by the mold specialist the the house in that area may need
more ventilation ..... So at least get all the right information from the right expert.
Good Luck to you
Edith YourRealtor4Life & Chicago and Northern Illinois Expert
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