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Old 11-18-2006, 08:15 AM
 
5 posts, read 33,418 times
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Can an inspection of mold be done before any obligatory commitment. Maybe holding your bid on the house with a small binder, then get the house inspected. When all is satisfactory, then go into contract?
Any help is greatly appreciated, thanks.
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Old 11-18-2006, 08:20 AM
 
5 posts, read 33,418 times
Reputation: 14
Quote:
Originally Posted by TellMeAboutIt View Post
Can an inspection of mold be done before any obligatory commitment. Maybe holding your bid on the house with a small binder, then get the house inspected. When all is satisfactory, then go into contract?
Any help is greatly appreciated, thanks.

Obviously on a house that you really want!
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Old 11-19-2006, 01:25 PM
 
Location: Wake Forest
2,834 posts, read 12,034,535 times
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You can always ask for a mold inspection to be done prior to a contract, the seller can say yes or no. I can't tell if you are saying you LOVE this house and want to buy it provided a mold inspection goes as you would like it, or I want a mold inspection to determine if I may purchase the property. I think those two feelings make a difference because if you really really want to buy the house provided there is no mold issues, then you can write a contract with that caveat in the contract. If you just want to know if there is mold and may draw up a contract after that, then that is just something the seller can decide if they think that is okay.

Does that response make sense?

Leigh
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Old 11-19-2006, 01:47 PM
 
Location: Springfield, Missouri
2,815 posts, read 12,986,901 times
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Quote:
Originally Posted by TellMeAboutIt View Post
Can an inspection of mold be done before any obligatory commitment. Maybe holding your bid on the house with a small binder, then get the house inspected. When all is satisfactory, then go into contract?
Any help is greatly appreciated, thanks.
Even if you have an accepted offer on the home you want to buy, the deal still depends on inspections and the appraisal turning out to your satisfaction. That includes mold. If your inspector finds mold, you'll be told and then given options. From the inspectors I've dealt with, they've all, every single one of them, said almost 99% of the time it's no issue and that it exists almost in every home somewhere. They recommend squirting it with bleach water and scrubbing and making sure that any moisture sources are addressed to prevent it from recurring or getting worse. You can back out of an accepted contract on a house if you are not comfortable with the report, or looking for an excuse to get out of it. I had an offer last July on a home on ten acres. The inspections went alright, though the roof was badly in need of repair. I changed my mind about the house while under contract and used the appraisal to get out of it (it was less than the asking price and as I suspected, the owners were too hocked with a first and second mortgage to afford to be able to drop the price). If the house were riddled with severe mold issues inside the house, in the crawl space, basement, etc., then there's most likely a longstanding water issue and I would back off the contract.
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Old 11-20-2006, 09:31 PM
 
5 posts, read 33,418 times
Reputation: 14
Quote:
Originally Posted by leighbhe View Post
You can always ask for a mold inspection to be done prior to a contract, the seller can say yes or no. I can't tell if you are saying you LOVE this house and want to buy it provided a mold inspection goes as you would like it, or I want a mold inspection to determine if I may purchase the property. I think those two feelings make a difference because if you really really want to buy the house provided there is no mold issues, then you can write a contract with that caveat in the contract. If you just want to know if there is mold and may draw up a contract after that, then that is just something the seller can decide if they think that is okay.

Does that response make sense?

Leigh
Yes, excellent response thank you.
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