mold
Earnest Money and Seller Disclosure: Contract Must Be Signed To Be Valid
If you put down earnest money or a down payment on a home and you have a seller disclosure issue, you better make sure you have a way to get out of the contract. If the seller disclosure form failed to disclose mold in a home, and you signed a contract to buy the home, you should have the right to also inspect the home to make sure you want to move forward in the deal. If as a buyer, you don’t understand issues like contracts, earnest money, seller disclosure and home inspections, you might want to reconsider buying a house or hiring a real estate attorney and a home inspector before signing a contract to buy a home.
Hire a Home Inspector to Identify a Former Meth house Before You Buy
Is the home you plan to buy a former meth house? It’s hard to spot homes that have been used as a methamphetamine lab (meth lab or meth house as they are they are called). But there are some tangible signs of a former meth house that you can watch out for as you tour a prospective home. This story lists some of the items you should look for before you end up buying a former meth house, especially a home inspection.
Holding Builder Responsible For Problem In New Construction Home
In some states, buyers have the right to pursue action against a builder for issues in their new home. But getting a builder to fix problems in a new home depends on what is outlined in the warranty. In this case, the buyer might be protected because the builder tried unsuccessfully several times to fix the problem.
Housing Market, First Time Home Buyer Tax Cut And Refinancing
What do you think about the government’s new Home Affordability and Stability Plan? Do you think it will affect the housing market. Or do you wonder what will happen to all the homes in foreclosure? Mold could be an issue. First time home buyers will get a tax credit – but what does the plan offer to current homeowners who want to refinance their undervalued home?
Is Seller Responsible For Water Damage In Basement?
A home buyer asks about water damage and mold in the basement of the home they purchased after the seller disclosed there was a one-time event and the problem had been fixed. The buyer now wants to know if the seller is liable for the mold from the water damage and not disclosing it properly. Having documentation and a home inspection to back up the buyer’s claim will help her going forward in this seller disclosure situation.
Mold In Purchased “As-Is” Home
A homeowner asks about mold in a house she bought in “as is” condition. Who can she hold accountable for the house mold? Should the real estate agent or home inspector have pointed out the house mold? Does she have recourse for house mold when she buys a home “as is?”
Asking For Trouble With Synthetic Stucco
Synthetic stucco may trap moisture between exterior and plywood leading to mold and rot. A developer asks about using synthetic stucco over concrete blocks. There has been more success using synthetic stucco over concrete blocks, but this developer will still have to fight the negative public perception of synthetic stucco. But if he is not looking for problems in construction, he may want to consider other exterior finishes.
Making A Seller Disclosure Case
Can you sue a home’s seller because they did not disclose mold? This homebuyer discovered mold everywhere and the need for a new foundation after buying a home from a friend without an inspection. Here’s how to make a seller disclosure case.
Mold Problems Kill Real Estate Deal
Mold problems can and should kill a real estate deal. A home buyer is in the process of buying a home that has problems – mold, termites and radon. After the seller fixed the problems, there are still extensive mold problems in the home.
Real Estate Minute: Mold Issues
The Real Estate Minute with Ilyce Glink
Moldy Issues
When does a house become unlivable? I’m Ilyce Glink with your Real Estate Minute, brought to you by Kudzu.com.
