A small town in mine and Bill's home state of MO was wiped off the map as a result of a guy spreading dioxin contaminated oil on their streets.

One does not have to be a millionaire to be comfortable and happy.And even the poorest of folks in our country don't have to walk for hours crossing a field where lions seek you for diner just to get to the nearest river of somewhat contaminated water and then back to a village carrying the heavy bucket just to have a drink.

That means that you can contaminate a deal just by making a comment in a public forum or other misstatement.

Had the market turned south or something popped up that you didn't anticipate (bad roof, contaminated soil from an underground storage tank, etc.) this could have turned out bad.

If you own the property for any length of time, you are 100% liable for cleaning up pollution or contamination caused by previous owners/uses.

Now that many homes here are heated by gas, there is a concern that the previous owner failed to remove or decommission (fill with sand) the ust (underground oil tank) leaving a leaking UST that is contaminating the soil.

My point was contamination of the studs, bottom plate, joists, rim joists, etc, the sheetrock is replaced over the .....what could be contaminated framing, we don't have a good history to assess the issue or what chemicals could have been in the waters.The homes here were torn down due to the unknown, not because they couldn't be made to look pretty again.

Recently we went through home inspection for a house in NJ the home have a active UST, when the company came to test the soil for contamination it found that there were previous bores in the ground, it was apparent that a prior test was done.

But it depends on the size of the contamination, for small areas treating to kill the mold, priming with killz and repainting will usually work.

Furnace air filters remove contaminants from the air and that is a real plus.