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 6 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Steve J.
0
Votes |
4
Posts

E&O coverage - Real estate agent

Steve J.
Posted

I was in contract to buy a home but found out that it had mold during the inspection process. My real estate agent knew we had issues with buying a home with mold and we talked about it at least 2 times specifically as it related to the contract. We wanted to know we were protected and I had his assurance in writing that we would be able to cancel specifically when finding mold before we signed the contract. What responsibility does our agent have for ensuring we were protected? The seller has not agreed to cancel the contract. The home is in south Jersey.

Most Popular Reply

User Stats

2,639
Posts
1,782
Votes
Brian Pulaski
  • Flipper/Rehabber
  • Montgomery, NY
1,782
Votes |
2,639
Posts
Brian Pulaski
  • Flipper/Rehabber
  • Montgomery, NY
Replied

I agree with @Russell Brazil, either request the mold be 100% remediate, or back out due to the inspection contingency. Why are you asking about E&O Insurance for your realtor? He had nothing to do with the mold.

Loading replies...