Austin Youmans
Problem Closing due to Mold & Appraiser
I have a few Ideas to try and get this done but thought I would look for some more suggestions. There is mold in the attic of a foreclosure I am trying to buy with FHA 203k.The appraiser won't go in the attic because ...
Viral Patel
Tenant Notice to repair or withhold the rent
Hello All,
We have a tenant in Dallas and one of the tenant on lease send a written notice stating if we do not repair following items she will not pay rent for next month.
Window in master BR/minor fence fix/range...
Eliza Pelham Randall
FHA 203k triplex nightmare in Oakland, CA
I’m wondering if anyone has any experience suing a contractor for damages? Or experience / advice to share about similar?—-I’ve been going through hell with an FHA 203k triplex rehab project since mid 2017. The origin...
Derrick K.
Bank is bullying us to close
hello, I am hoping to get some help related to a sticky situation. This is related to a bank owned property which after inspection indicated there was black mold in the basement and first floors. The cost to remove ...
Nathan Marden
Let’s talk about Meth
We are in the due diligence phase of purchasing a 4-plex. We did a meth test and it came back at .49-.56/100cm2. We are in Utah so the legal amount before needing clean up is 1.0/100cm2.We are planning to owner occupy...
Ann K.
Bids on property with some water damage and mold
If a property has water damage and mold and has not been renewed by insurance for that reason, would developers offer less for property? Property is in Grove area of Los Angeles, a prime area where many developers ar...
AJ Ard
Enviromental Phase 1
Looking at a hotel property to due a private loan. Phase 1 Study did not inspect units for radon, asbestos, etc. Underground storage tanks were discovered from 1980's. Owner has estimates to remove tanks from licensed...
Mike Montana
Alleged Meth lab, should we be overly concerned?
We have been analyzing 30 to 150 unit opportunity in Indiana, Ohio and Kentucky for almost nine months. Made a few offers but the market is competitive. We found a 50 unit (4 building) property in a tertiary market ...
Bienes Raices
Making an alteration so that inspection can be done?
In the REO, the attic entrance is one of the those small hatch doors in the garage that you enter using a ladder. The bank(?) put some kind of contraption there that prevents someone from entering the attic. It's almo...
Jennifer Doyle
Cost to repair freeze damage
I am also thinking about a bank owned property in CT that claims freeze damage. It's a large house- 4000SF with 3.5 baths. I can see water damage in the drywall coming from the bath locations. I am assuming most if...