Saturday, January 23, 2010

House Mold Problems I'm Contemplating Buying A 1500 Sq. Ft. House To Flip. It Has Mold And What Do I Do About It?

I'm contemplating buying a 1500 sq. ft. house to flip. It has mold and what do I do about it? - house mold problems

The house has problems, and form of the previous owners had to move. You are now on the market and the price is about half what it would be if it molds. From the, what I heard, no other problems, such as can, for example, foundation, roof, electricity or sanitation, which are considered expensive repairs. The equipment must also upgrade and electrical accessories. The bathrooms need updating. I do not know the source of the form and can not find. The lender now owns the property, because the original owner was able to maintain and repair is required by law. What must I do to solve the shape problem, when I go to buy the house and I need the bio-risk persons to participate? What is the cost for me? I'm not making some new experience in construction-Flip and costly mistakes in the future. I will not be discourged, but helped to find a solution. I was sick and could not keep my job. Well, my family and I need this job. In 54 years is very difficult to get a new job.

7 comments:

cowboydo... said...

I would pass this House. I'm rebuilding houses for over twenty years and is a problem that we spend.

They are a team of hazardous materials there, specializing in form and can verify and confirm their coverage and forced labor, see especially, to clean the mold. Probably the entire Board of the wall, take the bare walls and spray it into the house where you can find everything set out the basic structure.

And that the reconstruction could suffer much more, never complain. Run do not walk, home.

rhamm618 said...

They shape, which means people can not at the time of origin. Not seen in their home, you can not go home. Therefore, the purchase entirely on what was said is based and to discover either in the situation. You can search for completion of mold removal costs to receive and learn from other problems.
If you half the price, a figure that is expected to cost "less than" the other half on the question of form.

I would never buy a property, I could see me, or do you trust a person in my favor.
You've got a handle Mold Removal is switch, you have no idea of the size of this will be well prepared for such a big job.
According to the contractor will tell you if you can make this work or to a local company that can do the work.
In addition, estimates obtained, but one would think "Time", because if the stock of "B" again, but it could happen soon, it will more savings with a company ";

PHILLIP B said...

do not buy this house. Formal problems have a solution, remove all drywall. will have done by qualified people, which costs tons. This is not a good purchase. Find Another done with less effort for you to make the work ourselves.

PHILLIP B said...

do not buy this house. Formal problems have a solution, remove all drywall. will have done by qualified people, which costs tons. This is not a good purchase. Find Another done with less effort for you to make the work ourselves.

errant Terran ranter said...

Have you turned to an environmental engineer? If I were you (and believe me, I feel your pain, cough cough * me * a little older than you and I'm happy for the work .... Grrrrr But before pouring much money into an abyss of financial and generous -estimated the cost of the upgrade, so you should find the cause of mold. mold is the key word in terms of risk inspections, etc. NOT the lender to make the survey: hiring its own auditor (s). to be there when they inspect. twice the estimated cost of repairs. If this is a bargain you make your offer the lender, but add a clause in his contract that says something like "This sale is subject to the acceptance or rejection of construction of _____ (Structure , Environment, ... is anything and everything that apply) inspection report at the discretion of the buyer, the review in the future buyers will be charged (30, 45, 60 days) ____days signing this contract. "[We Run arProperty Lawyer EAL]. Good luck,

Just wonderin' said...

It is an important factor was omitted from his post. What is the typical value of this property in your market? If the house in Detroit, where properties for $ 29,000, a saving of 1 / 2 is not good business to sell. If it is in Orange County, CA. and save $ 375,000 $ 750,000 home is a bargain. I contacted a contractor Mold to help you get the worst case scenario for the removal of mold, and then try to estimate from a contractor in drywall to plaster home (even in the worst case). Finally, must identify the source of moisture and repair, but it will probably be cheaper overall cost.

Joanne A. said...

I agree with another poster. Do not buy this house.

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