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When a home seller fails to disclose a mold issue

Whether you recently bought a house in Colorado or you've been in your new home for some time now, you made the purchase believing the property was in good shape. It is a significant investment, after all, so you should know what you are getting, which is why homeowners are required to disclose certain problems if they exist. Unfortunately, since moving in, you have discovered a mold issue about which the previous owner failed to tell you. What can you do about it?

Living in a home that has a mold issue can cause a person to experience serious health problems. Damage to the structure itself can also occur. Medical costs, home repair expenses and mold remediation costs can add up quickly. If the previous owner failed to disclose the problem, he or she may be held responsible for these damages.

Real estate law is quite clear on this type of issue. If a seller knew a mold problem existed when he or she sold the home, you may have legal recourse. The keyword here, though, is knew. If the seller claims not to have known about the problem, achieving any compensation may be a bit of a challenge.

A mold issue is not something to treat lightly. It can cost you your health and a great deal of money to fix. If you believe that you bought a home with an existing mold problem, a problem the seller failed to let you know about, legal counsel may be able to help you seek monetary damages through negotiations or by filing claims in a Colorado civil court. To learn more about how an experienced real estate law attorney can be of assistance to you, please visit our firm's website.

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