Why You Should Have a Mold Inspection Before Buying Commercial Real Estate

5/11/2020 (Permalink)

You should also consider having a mold inspection in your building

Why You Should Have a Mold Inspection Before Buying Commercial Real Estate

Commercial property in West Glenn Estates, AZ, tends to switch hands often, and there is no way of knowing the complete history of the building from previous occupants. Structural inspections make sense, but you should also consider having a mold inspection if you suspect the building has experienced water damage.
When touring a property with your realtor, be sure to watch for telling signs of previous or reoccurring water damage. It's possible the current owner isn't aware if there is a mold problem since it can be difficult to spot. Here are a few things to watch for:

• Water stains on floors or walls
• Visible mold
• Rusty pipes
• Musty smells
• Bulging tiles or floorboards
  

Water damage can potentially occur anywhere in the building. If a roof leaked, water could be trapped in the foundation below where the leak occurred. Leaking plumbing is also a common area where standing water can provide a home for mold. If the land outside the building is prone to flooding, it could seep in through cracks of the foundation.
If you see signs of water damage, the building could have a mold problem. A mold inspection will be necessary and will include checking around plumbing, windows, and entries, HVAC ducts, floors, walls, and ceilings. A mold inspector can spot mold visually but may use a moisture meter to help locate problem areas.
If the inspection reveals mold, a plan for mold remediation will be recommended. This will include the services of a cleanup and restoration specialist who is trained in the removal of hazardous waste, including mold. The mold can be completely removed, and the source of the mold will need to be repaired as well so the problem doesn't reappear.
Buying commercial property is an exciting endeavor for your business. If you suspect water damage, have a mold inspection so on move-in day your property is mold free.