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Residential Property Inspection Blank Form Page 1 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
Residential Property Inspection Blank Form Page 2 of 12 Form Date: 02.03.10
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.
Residential Property Inspection Blank Form Page 3 of 12 Form Date: 02.03.10
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.
Residential Property Inspection Blank Form Page 4 of 12 Form Date: 02.03.10
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.
Residential Property Inspection Blank Form Page 5 of 12 Form Date: 02.03.10
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.
Residential Property Inspection Blank Form Page 6 of 12 Form Date: 02.03.10
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
Residential Property Inspection Blank Form Page 7 of 12 Form Date: 02.03.10
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.
Residential Property Inspection Blank Form Page 8 of 12 Form Date: 02.03.10
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.
Residential Property Inspection Blank Form Page 9 of 12 Form Date: 02.03.10
PHOTO ADDENDUM
Residential Property Inspection Blank Form Page 10 of 12 Form Date: 02.03.10
PHOTO ADDENDUM
Residential Property Inspection Blank Form Page 11 of 12 Form Date: 02.03.10
Residential Property Inspection Blank Form Page 12 of 12 Form Date: 02.03.10