Updated over 12 years ago on . Most recent reply
Is Mold going to stop deal?
We (me and the bank) have an accepted offer for a house. The house has been inspected and is in great condition except the basement has a good amount of mold on the cinder blocks.
The house has been vacant for 3 years and the back gutter has been ripped off, causing runoff near the foundation causing mold on the back wall.
I am getting conventional financing - is this mold going to kill the deal? What are my options - I would hate to spend 2K to fix the basement before I even own the house.
What to do