Bought a foreclosure (home inspection missed mold), been in the house for two weeks, what recourse do I have?


Question:
My wife and I just closed on our first house three weeks ago and had a roofing estimate done; roofer was amazed that the home inspector had missed the obvious mold issues (visible mold in attic/dormers). We bought the home from the bank that had aquired the house after foreclosure. My wife and baby are living with my in-laws due to the health hazard. Do I have any recourse? The house is in Virginia (also, the house was sold 'as-is' but there was no mold disclosure, the bank accepted our offer immediately which was nearly $30K below their asking price [I believe that they were aware of the issue (can't prove it) due to the fact that the home had only been on the market for a week according to my realtor]).
Most likely because the house was sold "as is" you will not have legal recourse even if the problem was known about and not disclosed, especially if you have no proof.
However, you may have a case against the home inspector, especially if he missed a very obvious case of mold that he should have had no problem detecting. I suggest getting a lawyer.
Your best bet is to clean it up and find the source, Remember you bought as is now it your house , Home inspectors are not to good at finding everything, well most of them . Its your home now get it cleaned up and get your family back together, hope this helps.
banks often take lowball offers on foreclosures. as for your home inspector, if you read his contract, he s prolly not legally bound to pay compensatory damages other than his fee you paid him. its really a scam if the guys dont even back up their work
JT B has the correct answer. Instead of trying to find a lawyer find some tsp or even bleach and clean it up, then find the source.

There has NEVER been a single reported death due to mold (amg) and the severe cases are from individuals who are allergic to it inside and outside.
I am surprised that you were allowed a home inspection on a foreclosure house. I looked at several in my area and they all stated "as is" and no inspections allowed except for your touring the home. Your inspector is to blame but as stated, read his contract to see if you can hold him responsible for his fee or more.
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