RESIDENTIAL PROPERTY INSPECTION REPORT · 2011. 4. 12. · Residential Property Inspection Blank...

Residential Property Inspection Blank Form of 12 Form Date: 02.03.10

RESIDENTIAL PROPERTY INSPECTION REPORT

Inspection Co: Sine GMAC Real Estate Management Co.: NRT REO Experts LLC

Address: 201 N Riverside Address:

7100 W Commercial Blvd,

# 101

City/State/Zip: St. Clair, MI 48079 City/State/Zip: Fort Lauderdale, FL 33319

Telephone: (810)326-1173 Telephone: (800)711-1258 Ext. 228

Inspector (Print): DEE PATSALIS Contact Name: KASEY MOES

Asset No.: 102260210 Property Name: 4177 RAVENSWOOD

Inspection Date 11/15/2010 Address: 4177 RAVENSWOOD

FDIC Contact: KASEY MOES City/State/Zip: MARYSVILLE, MI 48040

General Information

Property Type: RESIDENTIAL ( SFR CONDO 1-4)

Land Area: 112X332

Building Area: Number of Units:

Known or Observed

Code Violations

Known or Observed

Environmental

Conditions:

Asbestos Tile or Insulation Lead Paint Other Propane tanks in

yard

Condo/Homeowners’

Association: N/A

Photos

Taken/Submitted: Yes

Onsite Manager: Name: N/A Address: N/A Phone: (N/A) -

Comments:

List of all parties with access to or possession of keys or lockbox combinations

CYPREXX SINE and MONAGHAN REAL ESTATE

Are all structures

secured? Yes Is property winterized? Yes

If not secured or winterized, list all security issues that need corrective action:

Inspected By: DEE PATSALIS Inspection Date: 11/19/2010


Occupancy

Is the property: Occupied Vacant/Open Vacant/Locked Boarded

Property condition: Good Fair Poor

Occupant(s): List tenants or other occupants by unit number. (List all units and indicate if vacant.)

Name Unit Number Phone Number

Tenant/Previous

Debtor

VACANT

Comments:

I. PROPERTY DESCRIPTION

Briefly Describe the

Property:

The property is in extremely poor condition. All exterior wood is rotted,

floors heaved in kitchen, bedroom #2 and living room. There is mold in

the bathrooms. Home hasn't been taken care of in years. The roof is well

past useful age. Moss growing on roof and gutters and downspouts are

clogged so bad that there are small trees growing out of them. Debris

and garbage in the yard, the garage is piled full of stuff as well as the

house. I can barely walk throught the home. Terrible smell of cat urine

and visible cat fesces throughout. Ceiling tiles are showing evidence of

water and starting to pull from the wall and ceiling in areas. All but 2

windows are old wood and the wood is rotten. No frames around the 2

new windows. Door sill at side entrance comes right off and can see the

moisture and wood rot under the kitchen floors. The condition is unlivable.

The gas company refuses to enter the home in it's current condition.

Bathroom is disgusting. Kitchen in terrbile condition.


II. EXTERIOR OF THE STRUCTURE(S)

A. Structure(s):

i. Type: Aluminium/wood

ii. Condition: poor--peeling, lifting and rotting

B.

Painted Surfaces:

i. Type: wood

ii. Condition: poor-peeling, lifting and rotting

C.

Foundation:

i. Type: Slab/Crawl

ii. Condition: visibly cannot see block, but floors are heaved and falling in several areas

D.

Exterior Glass Condition:

poor

E.

Roofs:

i. Type: shingle

ii. Condition:

poor; past useful life. Shingles lifting and separating. Moss growing all over

surface

E. Air Conditioning Units:

i. Brands: None

ii. Tonnage: N/a

iii. Condition:

Comments: N/A

H.

Type of Sewer/Septic System:

i. Type: City sewer

ii. Condition: Unknown

I.

Parking Lots:

i. Type: Driveway-gravel

ii. Condition: Fair

iii. Any chuck (pot) holes? No

iv. Are curbs broken? No

v. Do they need to be seal coated? No

vi. Are there any abandoned vehicles? No

Comments: Just a two track gravel area to park

J.

Landscaping:

i. Condition: POOR

ii. Is it neat and clean? No

iii. Is it adequate? No

iv. Are the beds turned? No

v. Are there flowering bed plants? No

vi. Is the property properly watered? No

vi. Comments:

The landscape is overgrown, there's actually a 14 ft shrub planted right on

top of the front door. Cannot access the front door or even open the

door.


K. Trash Removal System:

i.

Frequency

of pick-up: Weekly

ii.

Size of

containers: Standard

iii.

Are they in

good

condition? No

L.

Signage:

i. Type: N/A

ii. Condition: N/A

iii. Is it adequate for the circumstances? Yes

I.

Pool:

i. Size: N/A

ii. Condition: N/A

iii. Diving Board/Slide? No

iv. Appearance/Upkeep? N/A

v. Security/Fencing? No

vi. Lifeguard/”At Risk” Signs? No

Comments: N/A

Exterior Personal Property List Debris Requiring Removal

Garbage and Debris Patio furniture

Hot Water Heater Propane tanks

Lawn equipment Recycle bins

Barbeque grill deflated raft boat

If Condition Is Less Than

Acceptable, Describe Deficiencies:

Tree/shrub in front yard needs to be removed or cut down

to allow access to front door. Two windows need trimmed

and insulated on the exterior. Exterior of home is in very

poor condition. The worse home in the City of Marysville

that I've seen in 12 years of real estate.


III. INTERIOR OF THE STRUCTURE(S)

A. Smoke Detectors:

Location Operational?

1 N/A--NONE LOCATED OR VISIBLE No

2 No

3 No

4 No

Comments: No smoke detectors in the entire home

B. Utilities:

i. Water Yes Disconnected

ii. Gas Yes Disconnected

iii. Electric Yes Disconnected

iv. Phone No Disconnected

v. Cable No Disconnected

C. HVAC:

i. Describe: GFA unit

II. Number of Units: 1

i. Operational? No Unknown if furnace is operable; appears servicable

D. Bedrooms:

Size Condition

1. 8'6 x 10'4 1. POOR; but better than BR2

2. 9'3 x 11'3 2. VERY POOR

3. 3.

4. 4.

5. 5.

E. Bathrooms

Size Condition

1. 7'0 X 8'0 1. POOR-Dirty, moldy, tub surround coridded.

Mold present

2. 2.

3. 3.

4. 4.

F. Garage/Storage Units

Size Condition

1. 16 x 20 1. POOR-siding warped, roof terrible, paint

peeling; though appears structually sound

2. 2.

3. 3.

4. 4.

G. Other Rooms

Description Size Condition

Living Room 1. 19'8 x 12'3 1. POOR

Kitchen 2. 16'0 x 09'0 2. POOR

Utility/Mechanical Room 3. 07'0 x 20'0 3. POOR-evidence of water

4. 4.


H. Basement:

i. Is There A Basement? No Describe: N/A

ii. Is It Neat & Clean? No Describe: N/A

iii.

Are All Items Properly

Stored? No Describe: N/A

iv.

Are Any Flammable

Materials Stored There? No Describe: N/A

Interior Personal Property

List Debris Requiring Removal

Furniture/tables/beds/mattresses Clothing/towels/ sheets/bedding, etc

Food/beverages/appliances/couches/sofas Lamps/computers/televisions/radios/clocks, etc

Tools/cleaning equipments Dressers/nightstands, etc

Garbage/paperwork/debris Dishes, silverwares, etc

**ALL CONTENTS WERE LEFT IN THIS HOUSE;

OCCUPANCE SIGNED RELEASE; BUT IT'S AS IF HE

JUST WALKED OUT THE DOOR. WILL REQUIRE

SEVERAL DUMPSTERS

If Condition Is Less Than

Acceptable, Describe Deficiencies:

Water leaking from pipe in utility room near hot water

heater, cat fesces and urine throughout home. Carpets

needs to be removed; the smell is unbearable. Unsanitary

conditions throughout. From kitchen to baths to all living

and sleeping areas.

Laundry/Mechanical Area: garbage pile up on floors,

exposed wiring; water leaking from pipe, car batteries, old

fuses for electrical system, cat fesces on floor and urine.

Kitchen: Cabinets old, dirty and torn up, old windows,

sinking floor, garbage piled up on the floors, dirty dishes still

in the sink, cabinets are full, cracks in walls.

Living Room: Garbage piled up, cat urine throughout,

carpets need pulled out, yellow/smoked walls, ceiling tiles

show evidence of water and are separating from ceiling

and pulling away from walls, floors heaved. Closets full of

personal items; games, movies, clothes, etc.

Bedroom 1: cracks in wall, old windows, garbage pile up,

closets full, holes and cracks in closets, lifted floors.

Bedroom 2: Hole in ceiling, garbage piled up on floors,

newer windows; but not trimmed or insulated.

Bath: Undescribable; filthy, dirty, mold in bath, bath

surround needs completely ripped out; rusty, dirty, falling

apart. Sink full of personal hygiene items, cat urine and hair

throughout. Garbage piled on the floor


IV. ADDITIONAL PROPERTY INSPECTION COMMENTS

A. Liability Issues:

i.

Is Fencing Needed To

Secure Property? No Describe:

ii. Balcony/Catwalk Issues No Describe:

iii. Railing Issues No Describe:

iv. Stair Conditions No Describe:

v. Fire Escape issues No Describe:

vi. Smoke Detector Issues: Yes Describe: There are none

Comments:

I would market this property for land value only. The lot is

large and located in fair neighborhood

Location:

Fair; located between desirable Marysville and the south

end of the City of Port Huron; which is an extremely poor

neighborhood and location

How Does Location Affect Value?

Poorly. If this home were further south in Marysville an

investor would pick it up; flip it and resale. Because it's on

the outskirts of town and close to the "South Park" area or

Port Huron; an investor could never make his money back in

this area. The value is land only in my opinion.


V. OTHER COMMENTS (SPECIAL ISSUES)

Comments:

This property is by far the worse I've viewed in the City of

Marysville; with exception of mold homes. This home has

been neglected for years. It will not be financable at all. I

would not recommend spending money on updates for this

property. Resale will be very poor.

Instructions:

Fill in all items pertaining to the type of property. If the item does not apply, write, “N/A.” If the

information is not obtainable, write, “N/O.” Be as complete as possible and do not abbreviate

any response. Use attachments for responses requiring additional space. Use “Tab” key to move

around on protected sheet.


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RESIDENTIAL PROPERTY INSPECTION REPORT · 2011. 4. 12. · Residential Property Inspection Blank...

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