Question about Moldy Short Sale
MOLD is a four-letter world in most real estate circles. As a buyer, I view it as a bargaining chip! But thats about as far as my knowledge goes, and I am here to get some help.
1. Is a short sale with (at least) moderate mold financeable? If NO, then I'm out. End thread.
2. If YES, am I required to do a 203k or the like?
3. With a distressed short sale, am I allowed to do an inspection once under contract?
The list price was $100K and similar condos in the building are going for $200K. It is in the Denver area.
Disclaimer: I dont know if the listing is actually still active, so this post is 90% because I am curious, should this situation ever arise again.