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Moldy Homes are a Great Investment


Article source: http://www.qooqe.com/. Used with authors permission.

Have you seen this in your classifieds? -Will pay $$$ formoldy homes. Call 555-555-5555

All you have to do is watch the news and you know aboutmold problems. We hear about Ed McMahan suing because hismoldy home killed his pet dog. We also hear about ErinBrockovich and Sandra Bullocks problems with their brandnew moldy home.

* Mold has been traced to people dying in moldy homes.

* Mold has been proven to be the leading cause of sinusinfections* (Mayo Clinic 1997)

http://www.mayo.edu/proceedings/1999/7409a1.pdf

* Mold will destroy the wood in a house.

* Mold loves to grow on wallpaper and drywall.

* We have actually seen it grow on glass.

People have had to move out of these houses. Sometimes evenletting the bank take back the house because repair costsare prohibitive for most homeowners. As we all know, thehome insurance policies arent covering these damages anymore.

Not all people stuck with these problems give their homesback to the bank. But many times they are motivated sellers.And people who invest in real estate love motivated sellers.

Before now, divorce created most of the motivated sells.Move over quarrelling couples.

But the title of this article tells us that mold createsa great investment. How can that be true if mold destroysthe health of the homeowner?

The answer is that mold can be fixed inexpensively.

The people who want to move out have been told that itwill cost up to $80,000 to get their home fixed. Somepeople actually do spend this money and find out theystill have the mold problem.

Why?

Because most mold abatements are made by constructioncompanies. Many of these companies are Åmold specialistsbecause they have taken a 3 day weekend class. It takes aMycologist up to 8 years of college to learn the minimumamount of knowledge required to understand mold in thehome.

Eight years versus 3 days. HHHmmmm !

Knowing how to tear down walls isnt the same thing asknowing how to eliminate mold.

So if someone hesitates at paying these unreasonableprices, they become a motivated seller.

Opportunities are made from these problems.

Want to find these houses? Go to your banks home loanoffice. Advertise in your paper. They are everywhere.

Of course, you dont want to buy just every house. Youjust want sick houses, not dead houses.

* Go into the crawlspace and stick a screwdriver into thefloor joists. Are they rotted?

* Look at the dry wall is it just green or is it fallingapart?

* Is the roof sturdy? Can you see light coming through holesin the roof?

* If the building isnt falling apart, you have adiamond in the rough.

* Contact a mold specialist. A Mycologist, not acontractor. They can walk you through eliminating themold, step-by-step.

* We know a family quoted $80,000 to fix a moldy home.

They solved the problem for 85 cents. That house justneeded some duct tape on their A/C ductwork to cover upcat scratches.

* Most repairs arent that cheap. The average house is around$2000 to do an $80,000 repair.

Contractors also tend to spray chemicals that are moredangerous than the mold. They will often say somethinglike this - Its EPA approved.

My old EPA law instructor said that EPA approval justmeans that it wont kill MOST people.

A Mycologist will use something that kills the mold butwont hurt the homeowner. Mycologists are aware of theeffect of these chemicals on people.

It is a matter of focus. Are you focused on the house[an inanimate object] or are you focused on people?

If you can buy a house worth $100,000 for $30,000 andfix it up for $2,000 there is $68,000 profit. Rent thehouse or sell it for a profit. They find another moldyhome and do the same thing again and again.

For 30 years, Dr Graham has been helping people treat andprevent disease by showing them how to live in a cleanenvironment.

This article was published on Thursday 10 May, 2007.

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