Updated over 9 years ago on . Most recent reply
Lead Paint
I am currently looking a home that was built in the 60s. The owner has discussed that it is unknown if there is lead paint (never been tested). I have had a suggestion that all home in this time frame have lead paint, however if I do no get it inspected for lead paint, I will not be required to fix the problem. Knowing that new paint has been painted over the existing old paint. Would this be a smart move to move forward knowing it could up when I try and resale later on?
A little about the property:
This is a home I plan to fix up (carpet and new paint only). Live in for a year then rent out and move on to another project. Purchase price is $230K, ARV $300-$315K
Most Popular Reply
@William Morrison unless you are talking about a large multi family or some out of the ordinary building if you paid $1000 for a lead inspection you need to find a cheaper inspector. the three hundred number is much more typical.