You'll need to get clearance paper

The whole process may cost $5,000, or $20,000+.

Get as many bids as possible from licensed contractors.- let them give you detailed breakdown on paper.

All but few will promise environmental clearance certificate (from 3rd party). If they don't pass the 1st time, they'll try 2nd time free of charge.

Normally it will be an easy pass, because the mold issue is basically a hype in most cases (practically every home will have a little mold) - this said, there are some really bad mold houses. You want to avoid these. But your case seems minor.

Once you have the certificate, you are set.

As far as disclosure, it is pure state law dependent.

For rental, most states do not require a disclosure. If it is required, then you have to disclose.  (Disclosure will make your property less rentable or you have to accept a lower rent typically).

Either way, try to avoid family with little kids as tenants.

In the end, as long as you have clearance, your liability is contained as a landlord. Buy enough insurance coverage is always a good idea.

Hope this helps.

 

所有跟帖： 

• 這樣解比較有問題。 不僅在loan 上， 將來賣房也有潛在問題。 -海綿- ♀ (0 bytes) () 04/24/2012 postreply 19:40:28

• 另外Cost也比較高。 -海綿- ♀ (0 bytes) () 04/24/2012 postreply 19:43:14

• 回複：any better ideas? -小曉貓- ♀ (0 bytes) () 04/24/2012 postreply 22:28:19

• Generally, houses with known issue should be avoided -beachlver- ♂ (385 bytes) () 04/24/2012 postreply 19:52:55

• 回複：You'll need to get clearance paper -小曉貓- ♀ (389 bytes) () 04/24/2012 postreply 20:35:12

• If added cost will bring up cost so much -beachlver- ♂ (350 bytes) () 04/24/2012 postreply 20:56:55