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Reply to "Would you pull out of this deal? "
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[quote=Anonymous]This is an inexpensive house relatively… makes the repairs a chunk of the current value, but is the overall condition consistent with being a fixer upper? Were you planning on renovating these areas anyway? Not all black mold is THE black mold. It looks to be mostly on concrete (0 concern) or wood that you would replace anyway as part of remediation. Based on what you’ve said, it’s not the end of the world. Water issues are a big problem if you can’t isolate the cause. But you can. The subfloor being damaged sucks because you have to rip the whole thing up. If you or your husband can supervise the project, it’s really not a huge deal. Put down some floor that’s updated and inexpensive, clean the cement, and when the floor is up you’ll have access to any areas that may have been wet. Carpenter ant damage makes sense given the moisture - probably requires sistering some of the structure (not complicated especially when the floor is up). I would check to see if the moisture wicked up the wall or collected under the cabinets. People make big deals about this stuff, but it can happen anywhere and you just have to deal with it as part of home ownership. If you really love the house aside from this, I’d go for it. Sure, you can ask for a credit from the sellers, but if it’s already priced reflective of condition, they’re unlikely to give much. Can’t hurt to ask. [/quote]
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