Mortgage company in Florida called me to inspect a property they foreclosed.
They have had the insurance company take a look at the house, and a what he called a “restoration company” look at the house. He wanted one more opinion.
The city has placed a “NO OCCUPANCY” sticker on the door dated 5-14-08, over a year.
Here are the pics!!! The condition is throughout the house on all levels.
Bob, That is not oil. At first I thought it was, but it looks like shampoo that is floating in the water.
Here is what I think happened.
The water supply under the kitchen sink has been hacksawed off. This flooded the house, there is a demarcation line on the baseboard. the brown you see on the pergo floor is paint. They either painted the floor and the water lifted it, or they dumped paint on the floor before they flooded the place. I can’t get to the furnace or the electrical panel. I just talked to the mortgage company and they think they are just going to bulldoze the house. They knew it had been flooded, but didn’t know that there is still 6-8 inches of water in the basement. This house has been like this for over a year. Foreclosure revenge!!!
Yup.I do the initial inspections prior to mold remediation. Usually see them just after the water has been pumped out and the furniture and belongings have been removed. Mold remediation for something like that would run an easy $5,000. I’ve got a couple of buddies that own mold remediation companies and do well.
Some municipalities require remediation before demolition. I worked for a major Chicago demolition company several years ago. We had a major demolition contract to level a 16 story building downtown. The building was full of mold from the rooftop water tank rupturing and soaking the interior of the building. We got out of the contract when they required mold remediation prior to demolition. It would have cost an extra $1mil. to do the mold.