Debra
Senior Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Tennessee
I'm working on a conventional refinance. The in ground swimming pool is all torn up to the point where concrete is in pieces and grass is growing on it. Some of the mess is so tall that it's about 5 feet above the ground and some the "pool" has almost nothing to where it's almost as deep as it was originally but has a few feet of broken concrete and dirt?grass(hope this makes sense). They do have a wood fence but none of it is covered and I don't think that it could be. I'm thinking the "swimming pool" comments should be something like this:
Subject-to repairs: "An empty swimming pool can pose a health and safety risk.....non functioning pools (and related equipment).....must be repaired.....or removed and the surrounding land re-graded-Please see attached photographs."
What say ye?.....is this the correct way to handle this? and on the 1004 page one, do I check yes on the next to last question about "are there physical deficiencies....."?
If I need to put a cost to cure in the report-where would I get that from?
Thanks for answers!
Subject-to repairs: "An empty swimming pool can pose a health and safety risk.....non functioning pools (and related equipment).....must be repaired.....or removed and the surrounding land re-graded-Please see attached photographs."
What say ye?.....is this the correct way to handle this? and on the 1004 page one, do I check yes on the next to last question about "are there physical deficiencies....."?
If I need to put a cost to cure in the report-where would I get that from?
Thanks for answers!