Mold in REO Foreclosure
I am looking at a REO property that has been on the market over 100 days. The listing agent for the bank has been contacted and has notified me that there is a mold problem in the basement. They say that it would cost $8000 to remove. In past experience is this over exaggerated? Is there a special process for removing mold or can it been done by an individual? I don't want to miss out on a possible deal just because a realtor says it cost this much. Also on the resale end would I have to prove that mold was remediated in some way? Thanks for your help.