Today's Coming Crisis Movie

Saturday, July 23, 2011

As Number Of Foreclosed Homes Grows, So Does Mold

As huge numbers of foreclosed homes continue to work their way through the real estate pipeline, another problem is blossoming — mold.

In most homes, as residents go in and out and the seasons change, natural ventilation sucks moisture up to the attic and out through the roof. It's called the "stack effect." And in many parts of the country, it's driven by air conditioning in the summer and heat in the winter.

But no one is going in or out of most foreclosed homes — regardless of climate — and the effects can be devastating.

In some states, it's estimated that more than half of foreclosed homes have mold and mildew issues. Realtors across the country say they're seeing the problem in everything from bungalows to mansions. (more)