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Default Thinking about.....buying home with mold

Hello everyone,

I am looking for some assistance. I have considered purchasing a home that
is worth $190,000 for $126,500 and the reason that it is not selling is
because the house was foreclosed and throughout the fall/winter period, the
sub-pump broke and the basement flooded, leaving alot of moisture in a house
that was locked up.

There is now tiny mold spots all throughout the house, some a light reddish
brown, others are more green, smaller spots, not too many clumped up or dark
brown/black. I was wondering if I could remove this mold with a bleach
formula and then use Killz and be fine....I am going to do an inspection, but
I am finding that many inspectors can only tell you that there is a mold
problem and not if it is a health hazard (which I wish someone would just
same, it is black mold RUN!). I have also found that many mold websites are
suggesting not to hire a mold specialist to come take a look because all they
will do is tell you that it is mold. My main concern is if it is in the wall
itself or just surface mold. If I could receive opinions on what I should do
in this case please let me know.

This is what I was considering:
(1) remove all the carpet
(2) bleach the walls
(3) apply killz
(4) lay down new flooring

purchase a dehumidifier and air purifier. Instead of hiring a company to
take out all the old drywall and put up new drywall which would cost be $5,
000. The house was built in 1986 and is structurally in pretty good shape,
it is also in a very nice subdivision where all other homes sell for around
$200,000. Please offer some thoughts on this or any experiences that any of
you have faced.

Thank you,

Cherie

 
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