When bidding to remediate mold - Ignorant ASS! - REO Property Preservation Forum
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post #1 of 29 (permalink) Old 08-28-2013, 12:20 PM Thread Starter
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When bidding to remediate mold - Ignorant ASS!

When bidding to remediate mold.........there is an assumtion between the bank and contractor that alleged "mold" was caused by this or that. Why would a contractor not want to tarp a roof, spray the walls/ceilings/cabinets with bleach or zep eggshell and get paid well to do it? The reaason for remediation is to pin point the source and monitor progression. Not to drop the whole wad to a wanna-be expert with an online certificate that has one interest only, sucking every penny out of the situation he/she can. thats why the bank will send out different inspectors/contractors to the same property so that they have quality control over who is a real contractor and who doesnt know what their doing. As soon as that mold "expert" tests and verifies mold at a property then its got to go on the properties legally binding discloure form forever and the house and subsequent neighborhood around it drops in value. The bank can instead pay a few hundred bucks and get the spores bleached and monitor for further progression once a dehumidifier is in place and the source of humidity has been repaired. At that time they are sure to have a qualified professional test and remediate if the mold growth continues to spread. There is a really good reason the banks want pictures. i have $100 resirator mask and a few packs of white disposible jumpsuits, they have made me money. I put disclaimers that remediation will not kill mold behind walls and ceiling tiles and thats further inspection will be necessary.Yes common sense does apply, i know when i am whooped by a horrid situation and i bid appropriately (a whole lot) and live to see another day.

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post #2 of 29 (permalink) Old 08-28-2013, 01:55 PM
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I know a Wannabe expert in mold.
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post #3 of 29 (permalink) Old 08-28-2013, 02:00 PM
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This is my standard mold bid

Give dimensions and (possible cause) if not obvious. Then bid to have Mold remediation company come and access the situation and provides bids to clean. My company is not INSURED to do mold remediation
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post #4 of 29 (permalink) Old 08-28-2013, 06:32 PM
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post #5 of 29 (permalink) Old 04-15-2015, 10:08 PM
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I have been exploring the possibility of going into strictly mold remediation. Does anyone have any thoughts, suggestions, or experience to offer? Is there really as much money in it as I seem to think?
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post #6 of 29 (permalink) Old 04-16-2015, 09:08 AM
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Quote:
Originally Posted by preservationnewbie View Post
I have been exploring the possibility of going into strictly mold remediation. Does anyone have any thoughts, suggestions, or experience to offer? Is there really as much money in it as I seem to think?
I see requests for quotes all the time that specify "contractor bid only do not use mold remediation company"
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post #7 of 29 (permalink) Old 04-16-2015, 10:42 AM
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We only concentrate on mold.
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post #8 of 29 (permalink) Old 04-16-2015, 02:44 PM
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We only do discoloration.

We don't mess with mold.
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post #9 of 29 (permalink) Old 04-19-2015, 11:07 PM
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Originally Posted by REO2Rentals View Post
When bidding to remediate mold.........there is an assumtion between the bank and contractor that alleged "mold" was caused by this or that. Why would a contractor not want to tarp a roof, spray the walls/ceilings/cabinets with bleach or zep eggshell and get paid well to do it? The reaason for remediation is to pin point the source and monitor progression. Not to drop the whole wad to a wanna-be expert with an online certificate that has one interest only, sucking every penny out of the situation he/she can. thats why the bank will send out different inspectors/contractors to the same property so that they have quality control over who is a real contractor and who doesnt know what their doing. As soon as that mold "expert" tests and verifies mold at a property then its got to go on the properties legally binding discloure form forever and the house and subsequent neighborhood around it drops in value. The bank can instead pay a few hundred bucks and get the spores bleached and monitor for further progression once a dehumidifier is in place and the source of humidity has been repaired. At that time they are sure to have a qualified professional test and remediate if the mold growth continues to spread. There is a really good reason the banks want pictures. i have $100 resirator mask and a few packs of white disposible jumpsuits, they have made me money. I put disclaimers that remediation will not kill mold behind walls and ceiling tiles and thats further inspection will be necessary.Yes common sense does apply, i know when i am whooped by a horrid situation and i bid appropriately (a whole lot) and live to see another day.

__________________________________________________ __

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Dumbutt. It don't matter what kind of disclaimer they use, If they are not using standard protocols their pollution liability insurance will not cover them. If they don't carry PL, Well then......................
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post #10 of 29 (permalink) Old 04-19-2015, 11:38 PM
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Here's where the rub is....... THE BUYER. Informed buyers or buyers using a Gov reinsured loan i.e. FHA, Fannie, HUD etc have a Home Inspection done. MOST home inspectors will really push for a mold test..especially on a foreclosed property. This mold test possibility goes up 100x when that inspector see Kilz on walls!

When that test comes back positive it is supplied to seller who then is required by law to notify.

If that house is a foreclosure the bank will do 2 options: 1) sell as is and supply a discount 2) remediate and chargeback the Kilz contractor.

Seen it 100 times. Had the Kilz contractor stop at my $15,000 remediation job yelling about the back charge. My response is always the same.

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