I concur with the general sentiment here. Get a mold inspector and see how big the problem really is. You can always ask for the seller to remediate the problem and make your purchase contingent on the house passing your inspector's test after remediation.
The roof is a big issue. I would honestly be more worried about the roof than the mold. Guaranteed you will have to replace the roof, so add $20K to your loan for that. The house I bought two years ago- a 60's house- had mold issues and asbestos in the floor tiles/glue and in the popcorn ceilings. We had the seller fix the mold issues, and we hired professionals for the asbestos abatement. Overall we spent about $30K making the house livable before we moved in. Your prospective home could still be worth your while, but be prepared to spend some cash and wait a few weeks to move in if you decide to purchase it. >My biggest fear right now is that the mold we see is just the tip of the >iceberg and that all of those wooden walls are coated from top to bottom on >the backside. > >Jim Davis ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:191300 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
