Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

54
Posts
27
Votes
Dave Grimson
  • Rental Property Investor
  • Enfield, CT
27
Votes |
54
Posts

What does this sign mean????

Dave Grimson
  • Rental Property Investor
  • Enfield, CT
Posted

Looked at a house that has some potential for the BRRRR strategy but have a question i'm hoping someone has some experience with....

Its a bank owned property (REO) and they slapped a quick coat of paint on basically the entire interior, then put this sign up everywhere. Has anyone else seen this before? I asked the selling agent if it might be mold but she says that she asked the bank but they're not giving her any answers.

Any help would be greatly appreciate, looking to make an offer.

Thanks,

Dave

  • Dave Grimson
  • Most Popular Reply

    User Stats

    23,418
    Posts
    13,508
    Votes
    Wayne Brooks#1 Foreclosures Contributor
    • Real Estate Professional
    • West Palm Beach, FL
    13,508
    Votes |
    23,418
    Posts
    Wayne Brooks#1 Foreclosures Contributor
    • Real Estate Professional
    • West Palm Beach, FL
    Replied

    They are telling you there was a "discoloration, that may, or may not, have been mold" and letting you know that no mold remediation was done, in other words....."you've been warned".

    Loading replies...