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Buying a Home that was a former Grow Operation

Hi all!

Looking for any knowledge or opinions here, I’ve been reading former threads about the topic, but posting some different questions:

Yesterday my husband relator and I were looking at homes. Not first time home buyers, but still pretty inexperienced. We had a handful to look at then had extra time so we went to a home last minute house. I had seen it on Zillow but from the first few pictures I swiped on thought “this is great, it’ll get bid up and out of our budget.” It was great, exactly what we’re looking for. Very well kept up, very clean, so on. Until the basement - full on 3 room grow op. Note: I’m in a state where it is legal and has been for a few years.

Had a bit of a smell when you went to the basement, but we don’t know how long it had been since the owner stopped growing. Everything was gone and very clean. Electrical appears to be upgraded and done by a professional/correct, but would need that thoroughly checked in an inspection. The owner had a drain in every room. They also had the walls finished with PVC wall paneling and sealed at all edges. From what we see walking through it seems as though the grow was setup very professionally, but we know that we won’t know for sure without a good inspection for mold/mildew, electrical, and air quality.

Handful of questions: with a good inspection as long as it comes back clean any reason to not purchase? We’re considering asking for a concession/ or a lower offer to have it all ripped out and returned to just an unfinished basement. Assuming no issues, do we need to disclose to insurance/ our lender? How would this impact the offer you put in on a home? The home is truly great! It’s just the basement and it’s not really a big deal to us, but we think it may hangup other buyers. Any experience or things we should consider?

It was our last house of the day and both us and our agent had to jet right after so we didn’t talk much but texted that we’re interested and wanted to talk today because we had questions. Appreciate any input!

submitted by /u/pickles9009
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source https://www.reddit.com/r/RealEstate/comments/1js16li/buying_a_home_that_was_a_former_grow_operation/

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