Our house was built in 1923 and when we purchased it a year ago, it came with a finished basement. That basement turned out to be our worst nightmare because we had no idea what was behind the walls, under the ceilings, or under the carpets.
To make a long story short, the winter and spring brought major water problems to our basement and caused the carpets to smell. We decided to rip a small section of the carpet out and discovered what appears to be dryrot linoleum (which cracks and lifts with the carpet) and a black tar substance underneath. From researching so far, it sounds like the black tar could be "Cutback" since the basement was remodeled in the 60's or 70's.
We are looking for the easiest way to deal with the black tar to make our basement useable. It doesn't have to be pretty - we just have to be able to walk down there without sticking to the floor.
Can we paint the "Cutback?" Could we use a product like Ardex Feather Finish and then paint that or leave it bare?
You can scrape away the ridges in the cutback using a 3 or 4 inch razor-blade type scraper then you can skim over it with one of the Ardex products made for the purpose. If you don't scrape everything down to where only a stain is remaining the Ardex can crumble when walked on.