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Updated about 4 years ago on . Most recent reply

User Stats

55
Posts
14
Votes
Tony Zhang
14
Votes |
55
Posts

Does anyone have experience buying and selling house with mold?

Tony Zhang
Posted

Currently I like a house found online, and have an inspector inspected the house but come out with water intrusion in the basement which cause the Mold on the basement's ceiling. We asked the seller to get it repair but seller is selling it as is. The seller is listing the house for $92,000 and accepted our offer price of $85,000 but Zillow estimates the house is $110,000. Will it be worth to purchase the property without mold been repaired with this offer price? 

I'm thinking about buying this property then rent it out without repair the mold. Then after a few years of rental, sell it to the marketplace. Does anyone have experience with buying and selling the house with mold?

Any advice is appreciated.

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