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Water damage always poses a primary risk of mold and mildew, but growth is not guaranteed. The chances of mold developing depend on several factors, including the severity of the damage and how quickly the area is cleaned and dried. To prevent mold, you must act quickly—ideally within the first 24 hours. Clean up all water and thoroughly dry the affected area. If the damage is extensive, you were unable to address it immediately, or you suspect mold has already started to grow, it is best to assume it is present and hire a professional mold inspector or removal expert to assess the situation.

You can seal a concrete slab by cleaning the surface, filling in any cracks, etching the surface, applying a sealer, and letting it dry. Concrete slabs don't typically need sealing, but you can use a topical concrete sealer if you notice signs of water damage. If you haven't already fixed the cause of the leak, then you'll want to repair the plumbing before you seal a concrete slab.

Yes, basement insulation needs a vapor barrier due to its susceptibility to moisture seeping in from the outside of the house. You should install a moisture barrier before you install insulation or purchase insulation that comes prebuilt with a moisture barrier to avoid water damage in your insulation and costly mold and water remediation expenses. 

While "dry" mode on your AC can help reduce humidity levels to some extent, it may not be as effective as a dedicated dehumidifier, especially in areas with extremely high humidity or larger spaces. Dehumidifiers are specifically designed to remove moisture from the air more efficiently, making them a better choice for tackling persistent humidity issues.