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Reply to "Would you pull out of this deal? "
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[quote=Anonymous]I would void it. It is not a $10k job, it will cost a lot more. Water moves around and finds areas and I wouldn’t be surprised if the subfloor and floor has mold too. It’s not worth your health. Carpenter ants also aren’t great, did you have it checked for termites? If your husband keeps pushing get multiple quotes including from mold remediation, contractors etc and show the sellers the highest ones. most are just minimum costs which will most likely go up. No one will know until you get in there. Again, I would not go through with it. If the basement flood when it rains you’ll have to put in sump pumps and or French drains and that is also $$$. My neighbors have two sumps and a French drain in their basement. It cost a fortune. When we bought our home we had a sewer issue and an electrical issue (and other minor issues) One quote from the sewer people was $10k another $25k so the owner gave us $20k. We wanted to do it right so did it ourselves. It ended up costing us almost $50k to repair. The electrical was an extra $5k which doesn’t seem that much compared to the sewer! But all of that adds up. Water and mold is no joke. If there’s structural damage it will Be more $$[/quote]
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