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Updated almost 7 years ago,

User Stats

12
Posts
5
Votes
Chet Freeman
  • Flipper
  • Owings Mills, MD
5
Votes |
12
Posts

What is Best method to sell a property what was mold redemiated

Chet Freeman
  • Flipper
  • Owings Mills, MD
Posted

Hi All, I have a property in NY that was damaged by water, then mold, and now is ready to be repaired before sale. I have holding costs, and M concerned that it won't sell before the holding cost money runs out.  The house is structurally sound, and I have new architect drawings completed. The municipality has dragged its feet, and have approved the plans for repairs. I am thinking it may be better to do some repairs and sell it as is. Cut all losses. The property is an estate, with a reverse mortgage from a predatory lender on it. All point of views is welcomed!  The Property is in a community in New York that is highly sought after. 6 miles from NYC , Westchester County NY 3100 square feet ,  

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