From: "JD" 
Newsgroups: alt.real-estate-agents alt.invest.real-estate misc.invest.real-estate
Subject: Re: How to amend contract with mold and aesbetos inspection?
Date: Thu, 31 Jul 2003 20:40:52 GMT

"Lynn F. Russell"  wrote in message
news:gyUVa.1762$IF7.149@newssvr19.news.prodigy.com...
> In Virginia, we have a home inspection contingency addendum.  If the buyer
> is not happy with the condition of the house (items disclosed during the
> home inspection), they may withdraw their offer (for example, the home
> inspection reveals that a chimney is on the verge of collapse).  Speak
with
> your agent about this.  Cosmetic items are not a valid reason to get out
of
> a contract (you either walk away now or you remodel after you take
> possession), but certain safety items may be.  Again, you must speak with
> your agent as laws differ from state to state.

I can't imagine any state law that addresses this. All you want to do is
make approval of the inspection report a contingency. In other words, you
may back out for any reason if you don't like the report.

Of course, you must also include a deadline as you do for financing.

> Let me also add that if a home inspection is done, you may be able to ask
> the seller to address or correct the particular items you have a problem
> with.

Yes, you are always able to ask. The funny thing is that most sellers
willingly fix or pay for things if mentioned in the offer, but if it comes
up in escrow as the result of an inspection, then their attitude changes
completely. They start talking about splitting costs or simply refusing. But
I digress....

> To answer your question :   ( If I put down general inspection + mold
> inspection
>  + texture ceiling aesbestos testing will this be an
verkill?  )...probably
> yes.  My question to you is...Why whould you even want to purchase a house
> that appears to you to have so many problems?

I don't think it's overkill. You don't have to list everything. Just make
inspection a contingeny. Why must you delineate? The only potential problem
is if a complete inspection requires significant samples.

> CONSULT YOUR AGENT...

Something tells me this is a FSBO.

> "Sum"  wrote in message
> news:3F25DF5A.3080805@earthlink.net...
> > I would like to make an offer on a property in Florida but I would like
> > to add to the standard contract that I want to have the option to walk
> > away free and clear (with deposit back) if the house turned out to have
> > mold problems or aesbetos in the popcorn ceiling.   Out of the six
> > bedrooms, two of the bedrooms have popcorn ceiling, the rest seems to
> > have been removed previously.  I want to remove the remaining two
> > provided that I do not have to deal with aesbetos.  The house was
> > originally built in 1974 so it could very well have it.
> >
> > I know I can get a sample and send it to EPA and have it tested.  I
> > cannot find any information as to how long the test takes.  I am
> > beginning to learn about mold allergy (and I am very allergic to a lot
> > of things) so I don't want to walk into a mold problem.  How can I write
> > these conditions into the contract? as additional conditions or is this
> > part of inspection?  If I put down general inspection + mold inspection
> > + texture ceiling aesbestos testing will this be an overkill?  Anyone
> > has standard verbage I can use?
> >
> > Thanks,
> >
> > Sum
> >
>
>