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Foreclosed “as is” home, mold problem, no disclosure by the bank?!?

My sister is trying to buy a foreclosed home in VA that’s only 5 years old. During the inspection, they found a huge mold problem in the basement. The bank has refused to pay for the repairs b/c it’s being sold "as is". However, it turns out they’ve known about the mold problem since December because someone else had put an offer on the house and backed out b/c of the inspection results. They’re still asking the same price despite the mold problem and they never disclosed such a hazardous issue.



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Asbestos, Mold, Lead Paint Testing. GSR Environmental Inspection Services

Asbestos, Mold, Lead Paint Testing. GSR Environmental Inspection Services

2 Asbestos, Mold, Lead Paint Testing. GSR Environmental Inspection ServicesAsbestos, Mold, Lead Paint, And Phase 1 Site Assessment Reports For Homebuyers, Homesellers, Land Developers, Real Estate Investors, Real Estate Agencies, Demolition And Insurance Companies.
Certified Residential & Commercial Mold Inspection.
Pre-Demolition Asbestos & Mold Reports For NJ/NY/LI Town Compliance.
Contact Us For A Free Price Quote For Your Project.
Office: 800-6728591
Mobile: 848-992-0033
Email: gsr_inspection@yahoo.com
Website: www.gsr-inspection.com/index

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How long do you have to sue a home builder if your home has a major defect caused by the builders?

We had our home built in 2003, so we have been in it six yrs. now. Recently we discovered that there has been a very slow leak in one of the bathroom walls since the home was constructed. There was no evidence of this leak until recently, as this is a guest bathroom not used very much. The only time it would leak is when the shower was being used, which is rare. Apparantly, the builder’s workers pierced a pipe with a nail, causing a slow leak. Now, we have to have mold specialists come out and test the air for dangerous molds, then have a company clean up the mold, and of course there is the remodeling of the bathroom to do. This is going to come to thousands of dollars, which we do not have. We have also contacted our home owners insurance company, which will cover none of it, as # 1, they do not cover mold inspection or cleanup, and # 2, they will not cover the work to get to bathroom "put back together" because the leak was due to poor construction on the builders part. If there is anyone out there who is an attorney or who knows the law, I would appreciate and info. on our rights as homeowners. We are scared, not only of the possible mold issues, but scared of the cost, because as I mentioned before, we have no money to pay for this. At this point, we cannot even take a loan out for repairs and such, because we could not afford to repay the loan. I work, our two sons work, and my husband works two jobs just to get by. Please help with any useful info. if you can. Thank you!

Most states have a much shorter time than seven years- but not all states.



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Would you buy a condo with a small mold problem…more details->?

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Can I break my lease due to medical condition, mold growing in the bsmt and loss of job w/o a fight w/landlrd?

I am receiving chemotherapy treatment for cancer. I moved here in Jan. 07 and began treatment in Feb. There were issues with this rental since the start. I have mold growing from standing water in a crawl space in the basement. The previous tennant informed me this water was there when he lived here. I also found mice droppings in my kitchen cabinets and other places. The tennant also had mice when he lived here. I have complained many times for many more problems here and finally after calling the board of health, the landlord is addressing these issues but in a quick fix sort of way. I found out that the landlord never applied for a certificate of use before I moved in. If he had, it wouldn’t have passed inspection and I wouldn’t be in this over priced rental not to mention costs of movers again. I also lost my job in Feb. due to my illness. Which reason should I use to break my lease, the many hazardous problems or I can’t afford to live here. The rent is $1,450 per month.

Nothing like this is ever easy without a fight.

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7 Potential Re-sale Problems

The selection of a home is an emotional decision, and it should be. You should tap into your emotional knowledge when choosing a home. Many personal factors will influence your selection of a place where your family can live comfortably and safely.

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Is this Legal?Breach of Contract to help pay housing cost for the disabled?

In August of 2006 Andrew Doe(and family) a child with cerebral palsy and severe allergies,had poor living condition that involved mold,silverfish all through out the home,Doe family then gave the property owner a 30 days notice after failed inspection with the section 8/ Metropolitian Housing Authority.
The Doe family urgently looked for better housing and once a home was found it wasn’t rent reasonable,so the Doe family found other housing but the owner would have to lower the rent from $650 to $579 to make it affordable for the Doe family.Owner of Apartment agreed to except the rental amount of $579 on August 30th 2006,The Section 8 program were slow to process the request to inspect housing in the time alloted which was 14 days after the Owner of the apartment excepted the amount of $579,instead Section 8 housing caused the Doe family to use all its SSI income of $603 as rent,for the month of September,and that brought horrible hardships on the family,behind on bills and no food.

In section 8 housing, you sign two contracts…one with the Housing Authority, one with your landlord. Let’s look at each contract to see if there was a breach. Then, let’s talk about practical solutions for your current situation. Then, let’s talk about what could have been done differently to prevent this.

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Green Energy Efficient, Hurricane Resistant, Cost Effective and Mold Resistant Concrete Wall System

Green Energy Efficient, Hurricane Resistant, Cost Effective and Mold Resistant Concrete Wall System

2 Green Energy Efficient, Hurricane Resistant, Cost Effective and Mold Resistant Concrete Wall SystemOMNICRETE is the greenest, most eco-friendly, earth protective, inorganic, economic and sustainable, patented construction process ever constructed anywhere in the world focused on “renewable” materials throughout it’s process! This remarkable process has verifiable heating & A/C energy savings of over 70%, is double the wind-load building code requirements over 300 mph, fire proof, termite proof and mold & mildew proof.
Simply the “GREENEST” Building system which leaves the smallest carbon foot-print than any other system ever developed!
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omnicrete.net
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Ask for Our DIY Kit

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Should I buy house in Florida with wood decaying fungi (mold)?

I want to buy a foreclosed home, but the inspection found wood-decaying fungi (mold) visible damage in several places. I live in Florida. Is it possible to remedy this and at what cost? Is it curable at all?

with all of the depressed priced houses in florida,why on earth would you want a problem…keep looking…you will find the perfect house for you in perfect condition…we just did in oct…was 423k in 2006 got it for 155k……

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Mold issue in house – mold inspectors don’t know source?

Mold has been showing up in random spots of my house for several months now. It’s a green dust-like mold. It’s appeared in all of my downstairs rooms, which are very spaced apart – on the baseboards, on my shoes, on the surface of the wood floor, on window seals, on blinds, on electronics, and various other surfaces. I’ve only lived in my home for about one year, and know of no water damage that would have caused this.

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