Discovered Lots of Mold During the Inspection

[Lori McGuire]

I'm in Chattanooga, TN currently. My property inspection on a 16-plex I purchased was yesterday. Crazy how much mold is underneath all of the units, so I'm sure it's deep in the walls, etc. Also, 16 joists need to be replaced because some of the floors are caving in. Needless to say, I am very disappointed after paying $4800 for the inspection and $1300 for the trip here from CA. My broker was saying that people don't care about mold as much as they do in California. I can't imagine buying a mold infested building though. Am I thinking differently than most the East? Obviously I'm going to go back to the seller and renegotiate. He may not budge though. Onto the next!