Homeownership

Gen X is Turning 50 and They’re Stuck in Their Homes

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The leading headlines on the future of the housing market typically read, “Get ready for the millennials!” If not that, the alternative subject line highlights the number of baby boomers retiring and whether they will move to the coast, move to be close to the grandkids or just stay put. In between the two is a generation of high wage earners that is mostly ignored in the national housing conversation. This doesn’t occur only in the housing market, the majority of news coverage in the last election was given to the, “We don’t want to change” boomers and the idealistic “We want the world to change” millennials. In the middle, described by some authors as the middle child, is Gen X. Once described as slackers, they are now in their prime earnings years and have the highest average income of any other bracket of consumers. Gen X who grew up on grunge music, wearing ripped jeans and flannel shirts has grown up and is very influential in the business world and yes, many are stuck in their homes.

I don’t view Gen X as having a middle child generation syndrome, despite not being written or talked about as much as the older and younger generations they interact with. I view this generation as the link connecting the baby boomers and the millennials. They have an understanding and share interests with both generations. While sociologists and the census bureau will give a different date range for members of this generation, I use the simple definition that identifies Gen X, with individuals born the first year the birth rate in the country began to once again decline after its continuous rise post World War II, 1965 to 1980 and the start of a new decade of patriotism. In all cases, generations are defined by a certain birth date and a general world view outlook.

Gen X understood the values of the baby boomers but challenged them with the indifference that went along with growing up as latchkey kids who either had two working parents or were part of a family separated by divorce. They went to college, got married, had kids, some got divorced and began to change social norms and alter the direction of popular music. It wasn’t the millennials that took the popularity of tattoos away from the exclusivity of bikers, gangs and members of the military. It was Generation X that started that trend, although for most it was more conservative and hidden than you see today. They looked at race differently, birth control was the norm, as was women being in the workplace. They don’t feel ignored like a middle child, but rather are often indifferent and are adept at independently figuring things out, which all goes along with growing up as a latchkey kid. They went to school with computers and are very proficient at technology, and unlike the millennials, can freely turn the technology off.

While the housing shortage across the U.S. appropriately discusses the impact to first-time millennial home buyers, Gen X was hit the hardest during the real estate down-turn that began in 2007. Some still own homes with negative equity and those with equity have the challenge of where will they move to, if they sell their home? The housing shortage has a negative impact on upward mobility for Gen X. With housing construction still below historical rates, and homes available in areas where Gen X want to live, in even shorter supply, balance of lifestyle is not just a millennial desire. The American story of moving and advancing to that next community or larger home every 5 years is gone.

The macro issue of more homes being available is a broader challenge that would require government, new entrepreneurs and businesses working jointly towards a solution. In the interim, what can members of this generation do if they truly want the step-up move? There is a solution that could work in certain markets and that is selling their home and then leasing it back to them for 60-90 days so they have time to search for a home with the money already in hand for the down payment. Under this scenario, a new buyer can purchase a home they want and can afford, and Gen X can have the time and the money to be more diligent about finding the next size home. After all, it is a generation that is accustomed to creatively figuring things out.

To the early Gen Xers, a happy 50th birthday wish to the likes of Dave Matthews, Billy Corgan, Keith Urban, Tim McGraw, Faith Hill, and Will Ferrell who are all turning 50 this year. Know someone who is turning 50? Send them a text wishing them Happy Birthday, they are also the generation that texts the most.

Best wishes to all who are pursuing owning their dream home.

Peter

Partner Feature: American Home Shield

When you purchase your home, homeowners insurance is a must. But, what about a home warranty?American Home Shield

A home warranty is a great choice for most homeowners as it covers the repair or replacement of major home systems including HVAC, electrical, plumbing, large appliances, and pools, amongst others. This will give you peace of mind (often for a one-year period before you must renew) that your home is covered should anything break down.

If you’re currently considering a home warranty, American Home Shield is a leader in home warranties and a valued partner of United Real Estate. Check out just some of the major benefits of choosing them for your own warranty below!

 

A Brief History of American Home Shield

Since 1971, American Home Shield (AHS) has been providing home warranties to homeowners just like you. The company serves the needs of homeowners through their network of qualified repair professionals that are ready to help whenever necessary.

Most AHS customers use their plan twice per year, giving them the support and flexibility necessary to keep their homes running. Through their relationship with the ServiceMaster company, AHS offers premier services from well-known names like Terminix, ServiceMaster Clean, Merry Maids, Furniture Medic, and Amerispec (amongst others) to homes across the nation.

 

Major Benefits of Using American Home Shield

There are major benefits of trusting your home to AHS over other potential organizations, including:

  • 24/7 Service – Home repairs don’t happen on a predictable schedule. Open 24/7, AHS is always there when you need them.
  • 90% Responsive – 90% of the time AHS assigns contractors to homes within just 15 minutes, meaning you receive the service you need (and quickly)!
  • 93% Effective – AHS has fulfilled 93% of customer service requests in the past three years. This guarantees they’ll provide the service promised when you need it most.

 

Learn More About American Home Shield for Your Needs

If you’ve been considering a home warranty, American Home Shield is a great resource.

Learn more about their services and pricing today to see if this is the right option to protect your important investment!

Staging That Sells: Using Mirrors Throughout Your Home

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Do you have a mirror in your home? Chances are the answer is yes (and that you have more than one) and for more reasons than beyond checking your reflection.

After all, mirrors are a simple way to add natural light to your home, making rooms appear large, spacious, and desirable. And as such, using mirrors strategically in your home staging efforts can help you sell, all without having to spend a significant amount of money.

Now, let’s discuss how you can use mirrors in each important room to sell your home quicker than you could otherwise.

 

Using Mirrors in Each Important Room

Mirrors aren’t just for bathrooms or bedrooms (although they are important in these rooms too). In fact, you should use mirrors in multiple ways and areas throughout your home:

  • Entryway – By placing a mirror in your home’s entryway, you can help buyers imagine the home as if it were their home. It makes your home feel, well, like a home! And it gives buyers a distinct image of themselves in the home.
  • Living Room – If you have a fireplace, placing a mirror above it is a great accent that will make the room appear larger. You should also look to place mirrors on large walls opposite windows. Doing so will reflect light and fill empty wall space, immediately making the room appear more spacious.
  • Bedroom – If you don’t already have a mirror above your dresser, it’s a great idea to do so. It will make the space feel more livable, not to mention add a nice decorative touch to the room.
  • Kitchen – Kitchens don’t often have mirrors, but sometimes adding one can add another personalized touch that resonates well with buyers. In particular, you may want to add one if you have an entry/exit door in your kitchen near a hook for keys or other accents.
  • Bathroom – Every bathroom comes standard with a mirror, but that doesn’t mean your mirror has to be boring. In fact, you can choose a fun shape or mirror with a decorative frame to make even the smallest of bathrooms more stylish.

 

United Real Estate Specializes in the Staging and Sale of Homes

Are you currently trying to sell your home but aren’t quite successful? If so, the team at United Real Estate can help with the tips above and more!

Since 1925, we’ve helped homeowners like you stage and sell homes throughout the United States. Contact us today to discuss your unique needs and learn more about how we can help sell your home!

Get Your Credit Mortgage Ready

The path to homeownership can be stressful and often difficult. If you have less than perfect credit history, the obstacles might be even greater. Even if your credit is good, there are a few red flags that might prevent you from getting a mortgage (or the mortgage rate/type) that you are hoping for. Below is a list of items that can hinder the process of obtaining a mortgage:

Don't leave your credit score up to chance.

Don’t leave your credit score up to chance.

  • Bankruptcy– Some mortgages will work with a past bankruptcy. But you usually need to be several years past the discharge date and have rebuilt your credit. A bankruptcy, even when discharged, can stay on your credit report for up to ten years.
  • Foreclosure short sale – Some mortgages will work with a past foreclosure short sale. But you usually need to be several years past the sale date and have rebuilt your credit. Even when finalized, a foreclosure short sale can stay on your credit report for up to seven years.
  • Unpaid judgments– No mortgage lender wants to take the risk that an earlier debt could take precedence over their loan. All judgments must be satisfied, removed or vacated from your credit report. And, if paid, your judgment will stay on your report for seven years. Solve open judgments. Try to vacate them first or pay them and get proof that they’re paid. Yes, I know it hurts to take money out of your hard-earned down payment savings account. But that down payment won’t do you a bit of good if you can’t get a mortgage because of an old judgment from the cable company you fought with in your first apartment.
  • Open collections– If you don’t pay a bill, the company you owe may sell your debt to a collection agency who will try to get you to pay. ONLY PAY THEM OFF IF YOU ARE TOLD TO DO SO. Keep in mind that paying a collection will not raise your credit score, but LOWER YOUR SCORE. Once a debt has gone to collections, your credit is hit and can only recover over time.
  • Too much monthly debt– A good rule of thumb is that if you’re paying more than 5 percent of your gross monthly income for debt payments (credit cards, student loans, car payments, personal loans), you’re decreasing the amount of mortgage you’ll be approved for. If your income is high and housing prices are reasonable, high debt might not hurt you much. But if you have a modest income, debt can price you right out of a mortgage.
  • Pay your current bills on time, religiously – You’ll need the boost to your credit score if you’ve had problems in the past. And you’ll want to prove to a lender you’ve gotten past old issues and made a fresh start in rebuilding your credit.
  • Make sure the problems are right – If not, you must dispute them off. Experts disagree about how many people have serious errors on their credit reports, but I have witnessed a client who discovered that someone had posed as his spouse after finding lots of strange information on his credit report. Don’t pay the price for someone else’s mistake.

This piece is guest written by our partner, Credit Law Center (CLC). CLC helps clients achieve financial success by cleaning up their credit history and putting them on track for financial freedom. Contact them today at (800) 994-3070 or by visiting creditlawcenter.com.

The Skinny on Home Warranties

Your furnace goes out. Now what? It’s a costly repair that can really take a toll on your pocketbook.

Do home warranties protect your new investment?

Do home warranties protect your new investment?

There are many people that rely on home warranties to repair their appliances. Home warranties are service contracts that are designed to cover appliances and other items that can break within the home. However, the age old question is – are home warranties worth it?

First, it’s important to understand the difference between a home warranty and home insurance. A home warranty typically covers repair and replacement costs for appliances – with a service fee. Home insurance covers appliances, but normally won’t cover them unless damage occurs to the house – for example, a fire, flood or theft.

The Pros – For sellers, home warranties that are included on a home they are selling can be a big bonus. According to a recent survey by a large home warranty provider, homes that come with a warranty sell 11 days quicker and make an average of $2,300 more that those that do not. Buyers can have the reassurance that their appliances are covered and possibly save up to thousands of dollars.

The Cons – Many consumer reports argue that home warranties aren’t worth the cost – $400 to $600 a year. One complaint is that many claims are denied because it is determined to be a pre-existing condition. Claims are also denied because the appliance hasn’t been maintained properly. Other problems included no coverage on more expensive items like leaky roofs or basement moisture and extra charges for things like plumbing and heating.

If you’re ready to purchase a home warranty, here are some tips to consider:

  • Check out multiple providers. Just like with any purchase, review your options. Also, make sure the company has the proper licensing and other requirements to provide a home warranty.
  • Review the contract carefully. As mentioned, there are many reasons a claim can be denied. There are also many appliances that could possibly not be covered under your plan. Read the contract carefully, including the fine print.
  • Create a budget. Add in the payment to your monthly budget. Include a possible service charge – which could range from $50 to $100.
  • Talk to your real estate agent. Keep your agent in the loop about your search for a home warranty. They may have a good relationship with a company and know who to watch out for.

United Real Estate is here to help you make the best decisions for you and your family.  If you are ready to get started on the home buying process, or if you have questions about buying, contact our support team.

 

Sources:

http://www.consumerreports.org/cro/news/2014/09/why-you-should-avoid-home-warranties/index.htm

http://www.latimes.com/business/realestate/la-fi-lew-20140511-story.html

Increase Your Home’s Value in Five Easy Steps

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When it comes to one of the most important investments you’ll ever make, where you put your money matters. If you’re looking for smarter ways to spend your dollars and increase the value of your home, we’ve got five easy steps to get you started on.

Tip 1: Paint

It’s a tried a true method for a reason – it works! You’ve probably heard this many times over, but that’s because it’s one of the easiest and most cost effective ways to add value to your home. You can update the look of your house in a weekend and gain real value for very low cost – a gallon of paint only costs around $25. on average! Paint can do wonders to the look and feel of your home, making it feel fresh and new — a definite value add– so what are you waiting for?

Tip 2: Kitchen Updates

Most people see dollar signs when they hear the word kitchen, but you don’t have to spend a lot to add real value to your home. Stainless steel items such as a new microwave, kitchen sink, or toaster will instantly update the look of your kitchen for very little. You can even replace kitchen cupboard knobs and drawer handles with stainless steel alternatives in not time at all. If your countertops are looking tired, there are some great faux granite options that you can easily DIY over the weekend.

Tip 3: Carpet 

Dirty carpet can ruin the entire look of your home. Keep it looking fresh by hiring a carpet cleaner. It’s relatively inexpensive and a hard to beat quick fix. If your carpet has done it’s time but you’re not ready to replace it yet, try smart area rugs to give your floors an update.

Tip 4: Landscaping.

Your yard is the first part of your home that people see so it’s important to create a positive first impression.  Simple weeding, lawn mowing, and planting low-maintenance shrubs are all that’s necessary to boost your home’s curb appeal.  Even it you’re not into gardening, a few shrubs will go a long way towards increasing the value of your home.

Tip 5: Bathroom Renovations.

Adding some minor updates to your bathrooms can drive up the value of your home with little effort on your part. To create easy wins in your bathrooms, start by replacing old faucet handles, showerheads and toilet seats. To keep your tub and shower looking fresh, consider re-grouting the tile for an updated look. A pedestal sink is easy to install and can drastically improve the overall appearance of the bathroom.

Increasing the value of your home doesn’t always equal expensive renovations and lost weekends. Try one of these tips and you’ll be well on your way towards increasing your home’s value with time to spare.

If you’re looking for more information on how to increase the value of your home so you can make the most of your upcoming home sale, contact the team today for a confidential discussion.

Sources:

http://www.eceee.org/all-news/columnists/Harry_Verhaar/Bulbs

http://www.hgtv.com/remodel/interior-remodel/30-tips-for-increasing-your-homes-value

http://www.bankrate.com/finance/money-guides/10-cheap-fixes-to-boost-the-value-of-your-home-1.aspx#ixzz3YVaA3LtQ

10 Quick Tips to Get Your Home Ready for Sale

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How does it sound if you could sell your home for top dollar and do it more quickly than you thought possible? For most homeowners, it sounds like a dream come true and with proper preparation, it can happen for you as well.

Below, we’re going to share 10 quick tips to ensure your home is ready for sale and that once it is, you’ll get the most money possible for it.

  1. Disassociate Your Attachment to Your Home

Whether you’ve raised your kids in your home or have other associations making it difficult to let go, the first step in preparing your home is to take yourself and your family out of the equation. This will make it easier to prepare if you’re able to view it as just a house rather than your house.

  1. Pack Up Everything Personal

Have photos of your family everywhere? Some priceless family antiques that you love showing off? If you do, know that while you love them, potential buyers won’t. You want all buyers to envision themselves in your home so getting rid of everything that’s personal will help them do just that.

  1. Cut the Clutter

If you haven’t moved before, you’ll quickly realize how much you have in your home that you don’t need or use. If you haven’t used something in over a year, pack it up, donate it, or throw it away. This includes collectables, random items on countertops, books, and more.

  1. Rearrange and Reorder Your Cabinets and Closets

Let’s face it: buyers are going to look in all of your cabinets and closets to see not only what kind of space you have, but to snoop as well. And if your cabinets are a mess, it might leave the wrong impression. However, a quick reorganization and reordering can fix that.

  1. If Necessary, Put Some Belongings in Storage

If you have a lot of furniture cluttering up your space, it’s often best to remove some of it and put it in a storage unit. Not only will your space appear larger, but it will show better as well.

  1. Remove Anything You Want to Take With You

If you’ve hung your grandmother’s chandelier in the entryway and want to take it with you, you don’t want to leave it in place and have a buyer fall in love with it and get hung up on it in the final negotiations. This means that if you know you want to take something, it’s best to remove it early so you don’t run into any issues.

  1. Make Any Necessary Minor Repairs

Minor repairs can add up to one more significant negative impression. By making quick fixes like patching holes, replacing cracked tiles, painting walls neutral colors, and fixing faucets and drawers, you can prevent buyers from developing any doubt as to why they should want your home over others.

  1. Clean, Clean, Clean!

No buyer wants to walk into a dirty home, they’ll assume this is how you’ve taken care of it for years! Make sure the whole house sparkles from the windows to the sidewalks, carpets, grout, rugs, and even the towels on display in the bathroom.

  1. Scrutinize and Double Check Your Work

Once you’ve done steps 1 through 8, it’s time to take a step back. Put yourself in your buyer’s position. Ask yourself questions like: would you want to enter your home? Would you be impressed with each room as you enter? Do rooms pull you in? If the answer is no to any of these questions, do your best to identify problems and correct them.

  • Do Your Part on the Outside, Too!

Curb appeal matters. This means it’s time to clear the sidewalks, mow the lawn, paint faded trim, trim your bushes, and ensure your house number is clearly visible.

Looking for Assistance Selling Your Home?

Preparing your home is only half the battle when it comes to selling your home.

And, when you’re looking for consummate professionals that can work with your home preparation to sell for top dollar, United Real Estate can help. Contact us today to get started!

6 Tips to Make Spring Cleaning a Breeze

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With Spring comes a lot of great things, warmer weather and outdoor activities to name a few. And, of course, the always-dreaded Spring-cleaning craze.

Of course, Spring-cleaning is a vital part of any healthy and orderly home. But sometimes, knowing where to begin is so overwhelming it can be difficult to find the motivation to get started.

Today, we’re going to discuss 6 tips to streamline and simplify your Spring-cleaning to ensure that when it comes down to it, you can spend more time outside and less time organizing and scrubbing your home.

  1. Organize Your Closets

Closet organization should be one of the first areas you tackle during Spring-cleaning. Rid yourself of unused clothes and accessories and organize the rest according to use or another system that works for you to streamline your daily routine as well.

  1. Clean the Furniture

Winter means messy stains on rugs and furniture alike. To clean your furniture, place a plastic bag or liner between the cushion and fabric to protect the cushion from the stain. Then, use cold water to blot the stain as best you can or use a spot cleaner to remove the stain more quickly.

  1. Clean Your Carpets

Typically, you’ll only have to clean your carpets twice a year, especially in high-traffic areas. However, there are preventative measures you can take to prevent visible dirt and odors on your carpet.

Removing shoes and wearing socks instead of bare feet prevents oils on your feet from attracting dirt on the carpet. And, when you use a top-load vacuum, you can pull the dirt inward and remove pollutants that would otherwise remain on your carpets.

  1. Clean Tiles Throughout Your Home

Whether in your bathroom or in the kitchen, cleaning tiles should always been done with a cleaner with a neutral pH. Or, you can simply mix baking soda and water to clean grout regularly and prevent deep, permanent staining.

  1. Clean Area Rugs

Unlike carpeting, area rugs must only be cleaned every four or five years, or possibly even every 10 years if located in an area of your home that isn’t frequented often. You can treat stains at home with club soda but if you have deep, set-in stains, it’s best to call in an expert.

  1. Clean the Rest

You already know that cleaning is vital, but deep cleaning is even more important. Clean everything from light bulbs to windows and even your silver, making sure that everything is spic and span! Then, kick back and enjoy the warm weather to come!

Spring-Cleaning Provides Regular, Vital Maintenance to Your Home

Spring-cleaning isn’t’ just for your family and your health, it’s for vital maintenance that will keep your home looking great for years to come! And, come time to sell your home, you’ll be glad you took such great care of it come every Spring!

Are you ready to sell the home you’ve loved and cleaned every year? Contact us today to get started!

Show Your Home Some Love With Regular Maintenance

  • Love Your Home

    Love Your Home

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You go to the doctor, dentist, and other health professionals regularly to give yourself a routine check-up and your home’s needs are no different. In fact, routine maintenance is a vital component of keeping your home in tip-top shape regardless of the season or reason.

Of course, maintenance can be costly depending on what you’re doing. However, the risk of not showing your home some love with regular maintenance is much more expensive in the long run.

So, what kind of regular maintenance should you be doing to your home to make it as livable and sellable as possible? You’ll find the answers you need below!

Monthly and Seasonal Maintenance is the Key to Any Loved Home

There is an endless list of common maintenance practices you can do for your home, but who has the time for that?

If you want to show your home the kind of love it deserves as easily as possible, there’s going to be monthly and seasonal maintenance you’ll want to do.

On a monthly basis, you should:

  • Clean the Furnace – Dust can build up in the furnace, forcing it to work harder and costing you more money in electricity bills.
  • Check the Water Softener – Most water softeners won’t need salt every month. However, it’s important to check so you can replenish levels as necessary.
  • Clean Faucets – Mineral deposits can build up on faucets and showerheads rather easily, causing decay. Regular cleaning can eliminate this problem.
  • Run Water and Inspect All Tubs and Sinks – By inspecting tubs and sinks for debris, you can eliminate clogs before they become problematic. And, by running the water in guest bathrooms or other areas of your home you don’t frequent, you can prevent issues with your water.

Of course, there are also steps you should take to prepare for winter in the fall, including:

  • Exterior – Raking, aerating, inspecting the roof, powerwashing windows and siding, cleaning out gutters, draining exterior plumbing, repairing missing siding, and mending cracks in exterior walkways or driveways can help prevent damage during the winter.
  • Interior – Inspecting your heating system, checking the fireplace, sealing off doors and windows, and replacing batteries in smoke and carbon monoxide detectors will prepare you for the winter ahead.

When the long winter is over, there’s some regular maintenance for the spring as well, including:

  • Exterior – Inspecting the roof, refinishing the deck, cleaning out gutters, hanging the air conditioner filter, cleaning windows, and powerwashing windows and siding is essential for spring maintenance.
  • Interior – General spring cleaning, replacing the batteries in smoke and carbon monoxide detectors, inspecting and pumping the septic tank, inspecting bathrooms for calking issues or general deterioration, and vacuuming lint from the dryer vent are interior measures you’ll want to take in the spring.

United Real Estate is Your Resource for the Best Home Maintenance Tips

When it comes time to sell your home, the maintenance you’ve shown your home over the years truly shines. And, by following the simple tips above, you can keep looking great for years to come.

Ready to sell the home you’ve loved and maintained? Contact us today to get started!

Information from: http://www.bhg.com/home-improvement/advice/maintenance-repair/home-maintenance-checklist/

Out with the Mold

We’ve got a quick guide on how to handle this homeowner nightmare without losing your cool. Depending on the severity, clean-up could range from a quick DIY cleaning, to something a professional must handle.

What it is:

Mold is a fungus that can be found both indoors and outdoors – the exact number of species is unknown but its in the range from 10,000 to 300,000 plus.

Bathroom mold

Don’t let mold take-over your home.

As you likely know, mold grows best in warm, damp and humid conditions. Mold sources include a variety of household ailments such as flooding, leaky roofs, backed-up drains, humidifiers, damp basements or crawl spaces, house plants, shower steam or leaks, and even wet clothes drying indoors. Mold spores can survive harsh environmental conditions, even dry conditions that typically do not support normal mold growth – this is why through clean-up is so essential.

Depending on your sensitivity, reactions can range from nasal stuffiness, eye irritation, wheezing, or skin irritation to fever or lung disease. Severe reactions may include fever and shortness of breath. Some people with chronic lung illnesses, such as obstructive lung disease, may develop mold infections in their lungs.

The general rule is, if you can see it or smell it, it needs to go.

What to Do:

Ultimately, it is critical to remove the source of moisture first, before beginning remedial action, since mold growth will quickly return if the infected area becomes wet again. After you’ve corrected the source of the problem, arrange for removal.

If the moldy area is less than about 10 sq. ft., you can handle the job yourself by following the guidelines put out by the EPA. Guidelines for acceptable levels of mold have not been established, varying from person to person. If you are hiring a professional, be very through in your vetting process.

Porous materials such as drywall, carpet and ceiling tiles need to be cut away where the mold is growing; mold can grow inside the material, not just on the surface. Bag and dispose of any materials that have mold residue such as rags, paper or other debris.

What Not to Do:

  • Mold does not need to be tested (per the CDC); any visible mold should be eliminated
  • Do not touch mold or moldy items with bare hands
  • Do not get mold or mold spores in your eyes
  • Do not breathe in mold or mold spores
  • Do not items that can’t be cleaned – get rid of ‘em. This will likely be anything porous – carpet, wood, clothing, rags, etc.

Once the mold has been removed, continue to keep an eye on the situation. Was the source of the problem effectively corrected? If hidden mold is discovered, it is time to go back to the drawing board. Additional remediation will likely be needed. Ultimately, the only way to eliminate mold is to eliminate the moisture causing it.

Source: http://www.epa.gov/mold/mold_remediation.html