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What is the worst case scenario if you're about to close on a foreclosure with water stains and mold on the garage ceiling and a bathroom is above the garage on this house built in 1968?

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I would think the bathroom has leaked....alot of pipes to a bath, could be any of them. At least you know, now you can fix the problem, and use Kiles to paint with it does cover mold and mildew. Good luck

Answer

The worst thing about a foreclosure would be the prior owner having an IRS Judgement against the property and you will be required to pay it if you don't search title, liens and judements just before closing.

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The worst thing about a foreclosure would be the prior owner having an IRS Judgement against the property and you will be required to pay it if you don't search title, liens and judements just before closing.

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The worst problem is not fixing the pipes, but fixing the resultant damage. It is possible that there is a lot of rot and mold. We had a problem in one of our baths where it leaked below. He had a contractor cut a hole in the ceiling and test to make sure everything is OK.

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First answer by ID1090924802. Last edit by ShockRide. Contributor trust: 82 [recommend contributor]. Question popularity: 58 [recommend question]

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