Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

220
Posts
98
Votes
Anna M.
  • Investor
  • Denver, CO
98
Votes |
220
Posts

WHAT WOULD YOU DO? Mold:

Anna M.
  • Investor
  • Denver, CO
Posted

Tenant has mentioned it twice now, “after initial inspection [no mold test was done then]” – suspicion of mold.I do not doubt it, because I have seen a few cracks and need for regrading.We do not close on home until January 2018.If we (buyer) do a mold test and find something, then we are liable to address, but at least at this point we may be able to negotiate seller contribution to resolve.If we wait until after closing, it becomes our problem entirely.“WHAT WOULD YOU DO?”

Most Popular Reply

User Stats

2,622
Posts
2,111
Votes
Kim Meredith Hampton
  • Real Estate Broker
  • St Petersburg
2,111
Votes |
2,622
Posts
Kim Meredith Hampton
  • Real Estate Broker
  • St Petersburg
Replied

Anna, make sure that the seller takes care of it now. Don't get yourself into the scenario with tearing out walls, mold remediation etc... Also make sure that they(seller) don't just throw some bleach on it, paint and think that they solved the "mold issue". It must be done correctly. Can be a real nightmare if you get tenants in and they get "sick" and want a million dollars!!!

business profile image
Engel & Völkers | St. Pete
5.0 stars
14 Reviews

Loading replies...