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6 answers

If you've signed on the dotted line saying you own the house, well I think you are out of luck.

2006-10-18 14:21:11 · answer #1 · answered by mrbadmood 4 · 0 1

Ohh! You might want to reconsider or retract the offer, mold is a huge problem and it will have to be cured in order for you to be able to move in, whenever there is a problem with mold and if the lender finds out about it, there wouldn't be any transaction unless this problem is rectified first. You'll have to re-negotiate the deal all together with the seller so get in contact with their agent if there is one at once.

Trust me you don't want to buy any home, not matter how beautiful or great it is with a mold problem, the loan won't go through, the seller will have to pay the costs of getting this cured and rectified, if they credit you the amount, that won't be good enough, it is better that this gets taken care of and it must, before going any further, even if you signed a contract, this will be required (it's just the same when there is a problem with termites) it's crucial and the inspector should've been able to guide you or determine that, I don't know how early or late you found the problem and how obvious it was, but it should've been noted on the inspection if you were there with the inspector, he should've seen something, there is generally a smell, have you actually close escrow?

2006-10-18 14:21:33 · answer #2 · answered by You are loved 5 · 0 0

home inspectors are almost always not qualified to inspect for mold. mold should have been disclosed, if it wasn't then you need to talk to an attorney to find out what your options are. if the seller didn't know about it, then you're probably out of luck because you do have a duty to investigate the condition of the property to your satisfaction.

2006-10-18 15:38:40 · answer #3 · answered by ErasmusBDragen 4 · 0 0

you need to talk to a real estate attorney. but i think if you signed off on the closer your screwed. if you can prove the seller knew of a pre existing mold condition then you can sue the seller for repairs and legal fees. GOOD LUCK!

2006-10-18 14:27:05 · answer #4 · answered by curtisitruck 2 · 0 0

yes , don't close until remediation@ owners expense. if you closed, you have recourse against owner & insp.co. ( usually only what you paid) that why i quit inspecting!......worth th e edit fee.....it's very very costly, & I THINK REMEDIATED HOUSES GO ON A PUBLIC, INSURANCE LIST ( LIKE FLOODED HOUSE, WRECKED/SALVAGED CAR )... IF THIS IS THE CASE ( ASK YOU INSURANCE AGENT), THEN YOU'RE BUYING A LEGACY YOU DON'T WANT!!!!! EVER HEAR OF A PIG IN POKE... WHAT'S A POKE?

2006-10-18 15:59:11 · answer #5 · answered by Bonno 6 · 0 0

Real simple, the home inspector carries errors and ommisions insurance for just this reason. You can now sue the inspector himself for omitting those results. Sue him

2006-10-18 15:17:11 · answer #6 · answered by bdat40oz 2 · 0 0

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