Ana, Home Buyer in North Bay Village, FL

the apt iam buying is full of midew can i back out

Asked by Ana, North Bay Village, FL Sun Jun 27, 2010

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How did this work out for you?
Mildew vs. mold and the other question is the source of the dampness or water. Only a licensed mold inspector can determine if it is toxic mold or not. Mildew you get from lack of ventilation, like in a bathroom without a fan. If it is an odor and not traced to a water source, bleach, paint and carpet can fix the problem. If it is an unknown black substance, i.e. mold the real trick is repairing the source of water.
0 votes Thank Flag Link Fri Nov 5, 2010
Read your Contract - specifically the inspection part. Is it an AS- Is contract? What does your Realtor say? I hope you had one. Unless we see the contract, it is not possible to give you an accurate answer.

Good Luck!
0 votes Thank Flag Link Mon Jun 28, 2010
Ana,, the only way anyone can fully answer your question is to see the contract you signed, and to know who the seller is and if there were any disclosures. There is nothing wrong with Mildew however, it can be removed with bleach and "Kills" paint,, If there is Mold that is a different story.
0 votes Thank Flag Link Sun Jun 27, 2010
You may be able to back out if you are within your inspection period. Without seeing the agreement that you signed- nobody can know for sure what your options are.
0 votes Thank Flag Link Sun Jun 27, 2010
Hi Ana

Regret to hear of the mildew problem.
Yes you should be able to back out if you are within your contingency period for inspections.

It's very easy to see mildew, hence your Realtor or you should have caught it before, anyway sometimes it is hidden in closets and we don't catch it on our first visit.

Hopefully, you have written a solid contract.

Web Reference:
0 votes Thank Flag Link Sun Jun 27, 2010
Hi Ana,

Can we assume that you made the offer site unseen? The Far/Bar As-Is gives you a very powerful inspection clause that let's you back out for just about anything you discover during the inspection period. The normal FAR/BAR purchase contract does not include an inspection. It must be added by an addendum. Assuming your inspection period is not over, then yes you can back out. If the inspection period is over, then I would contact a lawyer, as at the very least you are likely to lose your deposit.

Good luck.
0 votes Thank Flag Link Sun Jun 27, 2010
Most contracts, even the As-Is FAR/BAR, provide for a 7 to 10 day inspection period which starts the day of execution (when signed by both seller and buyer) on which you can back out of the offer/contract based on the results of the inspection. Call your agent and have them go over the contract with you.

Tony Vega
Charles Rutenberg Realty
0 votes Thank Flag Link Sun Jun 27, 2010
You should have a contingincy for an acceptable home inspection on your purchase agreement. This will enable you to back out or ask them to remedy the problem as long as you are within your dates. If you did not have a contingincy or are past your dates, you may want to consult a real estate attorney or at leats use the first free meeing to get some answers. good luck working things out
Web Reference:
0 votes Thank Flag Link Sun Jun 27, 2010
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