Help! I desperately need to tap the communal hive-mind here: should I buy my dream home or run away?
So, I’ve been looking at houses lately - a lot of houses. I’ve finally found one that I really, really like; it’s a beautiful home, with way more space than I’d ever need. It has basically everything I’ve been looking for in a home, and I’ve been looking for almost 2 years. Out in the country but near the city, right between two of the best cities in the area, good schools (not that I have any children about), and a good neighborhood. (I even met one of the neighbors, and he seemed really nice.)
The house is priced as an exceptional deal. In fact, I couldn’t afford the house at what it “should” be priced at.
However, as they say, there is no such thing as a good deal in Real Estate…
The basement of the house was flooded with groundwater for approximately a year, to approximately 1 foot. (In this area, full basements are often dependant on Sump Pumps to keep them dry. This house was walked away from, and the power was cut; hence the flooding.) This doesn’t seem to have caused any structural damage to the house (of course, I’ll have a structural engineer do a complete inspection), but it did cause a rather large colony of mold to develop. It’s a thin layer on all the drywall in the basement - the cement walls look to be untouched, as does the joists above the drop ceiling (which is also covered).
I am considering putting in an offer contingent on the bank having the mold abated, unfinishing the basement, and passing structural and mold inspections.
However, I’m worried that even after the mold is removed and the house cleaned, that it would be more likely that I’ll have mold issues in the future. Once a house gets moldy, can it ever be un-moldy?
Greatly appreciate all opinions!