Real estate prices in Texas crazy cheap?

[LevelUP]

You need to enter the first condo with a biohazard suit. The second condo is kind of cute. The third condo is totally trashed.

You would be 100% correct—there is mold in that condo. And you would also be 100% correct that there is mold in every house and in every breath of air you take.

Get any organic material wet, come back in a few days to a week and there will be mold. 

People are more afraid of mold than the Ebola virus.

Excessive mold that's not in the shower requires professional services. We also have to consider that many properties were flooded back in 2017, and some people couldn't afford to fix the water damage. There was also a lot of water damage in Houston back in 2021 when our state let us freeze to death.

There is no established EPA standard for what constitutes a dangerous level of mold.
https://www.epa.gov/mold/mold-testing-or-sampling

However, some people are highly allergic to mold, and even minor water damage, such as a pipe leak or burst, can cause water to wick up the drywall over a large area.

The only way to properly address this is to remove all affected drywall, typically up to 4 feet high, treat the area with mold remover, and encapsulate it with specialized paint. In many cases, local regulations prohibit homeowners from undertaking such extensive work themselves, meaning they must hire a contractor, which can cost tens of thousands of dollars.

When mold is severe, you can often smell it as soon as you enter the house.

This kind of property is typically suited for experienced house flippers.

For homebuyers, it is critical to hire a property inspector during the closing process. A thorough inspection can identify issues with the property, and buyers can often negotiate a discount on the purchase price based on the inspector's findings.