Skip to main content

Need advice about mold

Hello everyone, thank you for taking the time to read this. My wife and I are first time homebuyers. We found a gorgeous home, put in an offer and it was accepted.

As part of this process, I decided to do a thorough inspection to protect us. We have not yet closed on the home and we can still back out if we wish. The inspection revealed mold in the attic and a very small amount of visible mold in the basement. As part of the inspection, mold testing was done. We received the results today and there was Chaetomium and Stachybotrys found in the air test done of the basement. There also was some Stachybotrys found in the air test of the main floor. No water damage or previous flooding is visible. The sellers also did not disclose water damage or flooding.

We contacted a mold remediation company. He is confident that he can remove the mold in the attic and the basement and get the levels down to a normal level. He also told us that he believes the mold is coming from pet urine in the carpet of the basement, but we have no way to confirm that. We also will never know the source of the mold unless we rip up the carpet or tear down the walls.

We know that there will always be some mold, as it is in the air we breathe. However, this did scare us as this is the home we plan on starting our family in. Does anyone have any advice or thoughts? Would this be a dealbreaker for anyone or should we take the chance of trying to remediate the issue? I really don’t want to get into a situation where we are constantly fighting mold. Thanks so much for your time and any advice you can offer!

submitted by /u/No-Telephone-6392
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1qodtm1/need_advice_about_mold/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

Co-signing as non-primary resident - effect on size of required downpayment & first time home buyer status?

Contemplating co-signing on a house with my mom and splitting the mortgage payment. I currently have a significantly higher income and much better credit than her. I'm looking at potential home costs and related downpayments but have difficulty using some of the online estimators. From my perspective, this would be somewhat of an investment purchase (I intend to stay in my current location in a different state and contribute to the mortgage), however, for my mom, this would be a primary residence. For purposes of the downpayment size and the type of mortgage arrangement, would it be an investment property or a primary residence? Many thanks for any help. submitted by /u/piercalicious [link] [comments] source https://www.reddit.com/r/RealEstate/comments/km4hvl/cosigning_as_nonprimary_resident_effect_on_size/

Making offers on houses not listed for sale.

I want to buy a home for retirement. I am looking at lots of options, mostly focusing on the locations that appeal to me. I see lots of Zillow estimates of homes that look like great deals to me. Are these estimates accurate, even though similar houses in the same area that are for sale are usually priced much higher? If so, is it realistic for me to try to make offers to owners that do not have their homes listed? Would a realtor even consider helping me do this? Or, do these values indicate that the houses listed for sale are overpriced, and I should just lowball until someone accepts? Are houses today tending to sell far below list prices, or ??? submitted by /u/chewybrian [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1o4mcon/making_offers_on_houses_not_listed_for_sale/