When water damage, mold damage, or fire damage occurs, property owners must act quickly and make important decisions that will impact both the well-being of the people living and working in these homes and buildings, as well as the long-term property value of the structure. Putting off dealing with water damage quickly can lead to a mold infestation, which is notoriously difficult to eradicate. Fire damage continues on even after the smoke clears. Furniture and building materials have complex chemical compounds that continue to break down once triggered by heat. Did you get a great deal on your new home? Did you buy a flip? There’s a reason, and it may not be apparent at first. Mold and water damage that the previous owner did not address, or addressed only superficially, are common in inexpensive houses and buildings.