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Monday, January 5th, 2009 at 6:05 PM

Full Disclosure

Realtor Training – This is the lead (and only) photo for a new Downey REO listing. 

How many problems/disclosure items can you find?

 

 

 

 

 

 

 

 

 

 

 

(This is for training purposes only, and I hope the powers that be will allow the photo to be used)

Posted on Monday, January 5th, 2009 at 6:05 PM in Foreclosures/REOs, House Inspection, Realtor Training, REOs | 13 Comments » | Print Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Reader Comments: 13 Responses

  1. I don’t know *anything* about construction… but to start with I’d guess:

    1. No siding on the addition; bare chip board exposed.
    2. The addition probably doesn’t have a permit.
    3. The lower right corner of the addition appears to have water damage.
    4. The rain gutter spout has nowhere to drain to, it just dumps onto the patio
    5. Swimming pool empty. This isn’t good because when it rains the pool will tend to “bubble up” in the same way a plastic bowl in a filling bathtub will.

    There’s probably two dozen others that someone with even a clue about construction can find.

    greenlander | January 5th, 2009 at 6:10 pm

  2. Uhm… they forgot a door?

    Simone | January 5th, 2009 at 6:31 pm

  3. Appears to be some sort of discoloration on the paneling below the windows…mold?

    Windows in the plywood addition have no flashing.

    Pool tile falling off.

    Crack seems to be forming between the deck and the pool.

    “Hurry, won’t last!!”

    Downturn | January 5th, 2009 at 6:48 pm

  4. How much is the banking offering to pay someone to take it off their hands?

    SMC | January 5th, 2009 at 7:02 pm

  5. that satellite dish is the only thing worth saving in the upcoming remodel!

    doughboy | January 5th, 2009 at 7:03 pm

  6. make that upcoming demolition! the pool can be the landfill, just bulldoze it right in there, seal with dirt and a new slab…DONE!

    doughboy | January 5th, 2009 at 7:19 pm

  7. I’m seriously considering residing my house in unfinished particle board. It makes a statement about our current economic times AND it looks good!

    Blissful Ignoramus | January 5th, 2009 at 7:38 pm

  8. Jim, why did you post up the pic of my new house?!!!

    ocrenter | January 5th, 2009 at 8:19 pm

  9. LOL. Great schools, your wife loves it?!?

    Chris | January 5th, 2009 at 8:30 pm

  10. You’re too hard on them, Jim. Didn’t you see the listing agent’s comments, “Bring your toolbox!” What more can be expected!

    Besides, there’s not even a bong visible in the photo.

    *end sarcasm*

    lgs | January 5th, 2009 at 10:56 pm

  11. Obvious poor construction on the addition requires immediate removal. Based on the style of window, I’m going to guess there’s a bathroom or kitchen in there and I’m not seeing a vent coming out of the roof which makes me wonder where the waste is going.

    Is the area zoned for multiple family dwelling? Because it looks like there are 2 satellite dishes – which makes me wonder if it’s been chopped up inside.

    Did someone enclose a veranda or porch to make another room where the windows are? – looks like the roof doesn’t slope enough so the water is coming down the walls around those windows. I’m going to guess the floor in there is frightening and a good candidate for mold.

    The pool – looks like there’s a slide problem based on the crack between the cement and the edge of the pool. Likely have to demo the pool.

    locust | January 6th, 2009 at 12:09 am

  12. Anyone else notice that the pool deck appears to be sloping TOWARDS the house with no place for the runoff to go but into your house?

    Wow, if that isn’t just valued at land minus demo costs, someone at the bank needs to put down the pipe.

    I wouldn’t let my ex-wife live there.

    Chuck

    Chuck Ponzi | January 6th, 2009 at 11:06 am

  13. Aren’t outer walls usually load bearing walls? I wonder how much load a row of windows can handle… It looks like there might be enough room for a 2X4 between each window.

    D Max | January 6th, 2009 at 9:41 pm

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