REO mold disclosure

[Jaqueline Price]

Is this common being that the property is sold "as-is"? We just submitted an offer and "oh by the way we need you to sign...a mold disclosure/indemnification agreement".

I am simply wondering if this is customary or a red flag. We realize we are buying the property "as-is" but this will be our first home and our primary residence. I'm hoping this is just a standard disclosure and an inspection will cure my qualms but if not, I'd rather keep the couple hundred dollars :blush: .

TIA