The FHA says that examples of such problems include but are not limited to the following: Missing handrailsCracked or damaged exit doors that are otherwise operableCracked window glassDefective paint surfaces in homes constructed post-1978 (because of lead paint hazards)Minor plumbing leaks (such as dripping faucets)Defective floor finishes or coverings (worn through the finish, badly soiled carpeting)Evidence of previous (non-active) wood-destroying insect/organism damage where there is no evidence of unrepaired structural damageRotten or worn-out counter topsDamaged plaster, sheetrock or other wall and ceiling materials in homes constructed post-1978Poor workmanshipTrip hazards (cracked or partially heaving sidewalks, poorly installed carpeting)Crawl spaces with debris and trashLack of an all-weather driveway surface=================There are many areas, however, where the FHA does require problems to be remedied in order for the sale to close.Electrical and Heating The electrical box should not have any frayed or exposed wires.All habitable rooms must have a functioning heat source (except in a few select cities with mild winters).Roofs and Attics The roofing must keep moisture out.The roofing must be expected to last for at least two more years.The appraiser must inspect the attic for evidence of possible roof problems.The roof cannot have more than three layers of roofing.If the inspection reveals the need for roof repairs and the roof already has three or more layers of roofing, the FHA requires a new roof.Water HeatersThe water heater must meet local building codes and must convey with the property.Hazards and NuisancesA number of conditions fall under this category.

First post so please be gentle :)I'm currently located in Australia (an Australian national) and will be moving to Manhattan for work in March.

Start with gutters/downspouts and exterior grading in order to reduce the seepage and moisture intrusion.

If there's a moisture problem in the basement, act to resolve the moisture problem.

If you plan to leave them and rent it, make sure there are no major moisture issues in your crawlspace. 

Once the source of moisture is fixed, a mold is easy to fix.

Pop the tile off by placing a rag over top of it and hitting it gently with a hammer.

Meanwhile, because hot air is full of moisture, all that water hanging out in your attic is causing condensation to build up.

@Faith Burton I wish I could get a better look but from what I can tell the can got shook up, that traps bubbles in the varathane and they stay once applied if the can isn’t gently stirred to release them.

Turns out the water had been turned on at 10am today, and from that time until 4pm when the seller walked in and noticed, the toilet upstairs had been gently burbling over the top of the tank, running down to the floor, and finding its way into the basement.