On Sun, 17 Jul 2005 22:30:11 GMT, "Joseph Meehan"
wrote:

Before committing yourself to spending a lot of money call your
insurance company and investigate the possibility that the prior owner may
be responsible.

Be careful. If the house gets labeled as one with a mold/water
problem, he might find himself without insurance. Insurance companies
have a sort of rating code regarding claims that stay with the house
even for different owners. (I read that recently; unfortunately, I
don't remember where. Reader's Digest, perhaps?)

From the article, it seems that the insurance companies for the buyer
can't get access to the report with the code until the buyer owns the
house, so a buyer could get a policy only to have it revoked after
closing or find out the policy will cost a lot more than the price
quoted before the purchase.

Sue(tm)
Lead me not into temptation... I can find it myself!