Mold!

[Allen Grant]

I am currently looking into a freddie mac foreclosure.  The home was built in 1990 and is in good condition except for the fact the home had a water leak and now has an extensive mold issue.  The trim along the floor in most of the rooms has mold as well as extensively on the kitchen cupboards.  The Realtor advised that they were getting bids on cleaning up the mold.  I am aware of the repair work that will be needed, but I have never had mold involved in a transaction.  Are there any other parts of the purchase/sale that will be complicated by the fact the home had a mold problem?  This is a lake home in a desirable location, and I believe it would sell well as a fix and flip.  Can anyone offer advise on the mold issue?  Also, I would be utilizing a hard money lender.  Thanks