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Updated over 3 years ago on . Most recent reply

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6
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2
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Erika Martinez
2
Votes |
6
Posts

Moderate-High Mold results should I buy or not

Erika Martinez
Posted

Hello,

We have been trying to buy a house for months in the crazy Denver housing market. We finally found more conscious sellers and a house that checks all our boxes minus our preferred location but it is not too bad. However, we just got the inspection results and the mold results came positive with High to moderate levels of SMUTS, PERICONIA, MYXOMYCETES - MODERATE TO HIGH LEVELS OF "OTHER" SPORE TYPES PRESENT INDOORS.

The sellers are willing to work with us but we are afraid that even with the mitigation this will affect our re-sell value or potential lawsuit if we want to rent the basement and the mold re-grow.

Please advise, should we get out of the contract and keep looking we are worry and frustrated at the same time.

Thanks!

Most Popular Reply

User Stats

411
Posts
373
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Ronald Allen Barney
  • Real Estate Agent
  • Tampa, FL
373
Votes |
411
Posts
Ronald Allen Barney
  • Real Estate Agent
  • Tampa, FL
Replied

Price out not a "mitigation" but a completely eradication by professionals.  Add that in as a rehab cost.  Might still work, might not.

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