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  #1  
Old 03-15-2006, 04:41 PM
GTM GTM is offline
 
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Default Reo Appraisal

I did an inspection on a reo property. The inside was not that bad except for previous owners trash laying about. The problem I have is that the whole house smells of cat urine and feces. What would be an appropriate way to handle the cost to remedy the smell. It permeates the whole house.
Thanks,
Jerry
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Old 03-15-2006, 04:50 PM
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Judy Whitehead (Florida) Judy Whitehead (Florida) is offline
 
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Well - it depends. If the flooring is a concrete slab, then most of the time it can be sprayed and deodorized. When my mom bought her house many years ago, we actually had to have the drywall replaced from about 2-3 feet from the floor up as the cats had been spraying. Usually they won't do it in every room. So.....I would allow for both eventualities, including floor covering replacement. Don't you just love our job? BTW, you can price individual things out of M & S, including floor coverings, drywall, etc. That's what we usually do.

My son is taking along an appraiser want-to-be to ride with him and has the perfect place to break him in - an estate where a recluse lived, 2 acres, overgrown, pit bulls next door and no bathroom in the house - I guess they went in the yard. Ahhhh - the true test for an appraiser-want-to-be! When my son first started we went into some really gaggy places.
  #3  
Old 03-15-2006, 04:52 PM
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Don Clark Don Clark is offline
 
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Wink Cost to cure

If you mean a cost to cure, that is a big question. Is the carpet salvageable? Is the flooring damaged? I would call someone locally and see if you can get a quote. If you cannot make a real good determinination you could state that it will cost less than $X but likely more than $X for a cost to cure.
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Old 03-15-2006, 08:00 PM
Brad Ellis Brad Ellis is offline
 
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Gerald,

Take great care. Cat urine is one of those things that might be impossible to get out- you may have to replace the subfloors. Ouch.

Recommend the client get a pro firm out there that specializes in such things.

Brad
  #5  
Old 03-15-2006, 08:58 PM
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Not a huge deal but you will have to replace subfloor as Brad said.

Have dog and human urine situation as we speak ( Wilson-Kedzie, for Brad), cutting out subfloors and replacing subfloors and red oak hardwood flooring.

$5-6 a square foot for 2 floors, 1300 sq. ft @. None of these cost to cure items are that bad but they sure do scare people off.
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Old 03-15-2006, 09:26 PM
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Ray Miller Ray Miller is offline
 
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Had one this afternoon for a refi. Dog has been with the family for 18 years, wife dose not want to have it put down. The dog is incontinent and the carpets just reak in this house. The dog still has the run of the house. This was a nice two story 2500 GLA.

I am going to check box four on this one and let the lender do the walking.

In a REO besure of your numbers. Give the lender a heads up and your working on the problem.
  #7  
Old 03-16-2006, 06:35 AM
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Thank you for your replies.
  #8  
Old 03-16-2006, 08:49 AM
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Steve Owen Steve Owen is offline
 
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You might want to consider contacting an expert in this kind of remediation for a bid. Most likely you will find them under "restoration" and their main line of work will be smoke and fire restoration.
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