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Updated about 7 years ago on . Most recent reply

User Stats

220
Posts
98
Votes
Anna M.
  • Investor
  • Denver, CO
98
Votes |
220
Posts

WHAT WOULD YOU DO? Mold:

Anna M.
  • Investor
  • Denver, CO
Posted

Tenant has mentioned it twice now, “after initial inspection [no mold test was done then]” – suspicion of mold.I do not doubt it, because I have seen a few cracks and need for regrading.We do not close on home until January 2018.If we (buyer) do a mold test and find something, then we are liable to address, but at least at this point we may be able to negotiate seller contribution to resolve.If we wait until after closing, it becomes our problem entirely.“WHAT WOULD YOU DO?”

Most Popular Reply

User Stats

2,614
Posts
2,104
Votes
Kim Meredith Hampton
  • Real Estate Broker
  • St Petersburg
2,104
Votes |
2,614
Posts
Kim Meredith Hampton
  • Real Estate Broker
  • St Petersburg
Replied

Anna, make sure that the seller takes care of it now. Don't get yourself into the scenario with tearing out walls, mold remediation etc... Also make sure that they(seller) don't just throw some bleach on it, paint and think that they solved the "mold issue". It must be done correctly. Can be a real nightmare if you get tenants in and they get "sick" and want a million dollars!!!

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Engel & Völkers | St. Pete
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