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#918338 - 03/10/08 02:57 PM Mold Remediation
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
Does anyone have any experience with Mold Remediation requirements as to loans? We have a loan application for home improvement and a portion of the proceeds are to clean up a mold problem. What should we be requiring on this loan?
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Lending Compliance
#918525 - 03/10/08 04:54 PM Re: Mold Remediation HRH Okie Banker
RR Joker Offline
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RR Joker
Joined: Nov 2002
Posts: 20,656
The Swamp
I have not had this with a loan situation, but I have dealt with this on a personal basis..it's A NIGHTMARE! You would at least want a letter of final inspection or something from the environmental agency involved.
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My opinion only. Not legal advice.

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#918578 - 03/10/08 05:38 PM Re: Mold Remediation RR Joker
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
That's what I was thinking. Thanks!
_________________________
Just working here until I get my letter from Hogwarts.

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