- Feb 12, 2002
- Professional Status
- Certified Residential Appraiser
- New Jersey
My subject is a twin townhouse - attached to another vacant REO. The crawl space has so much water in it there is water coming out of the vents. This moisture has rendered the first floor joists spongy to the point I felt like I was going through. The whole house has a list to it, various walls are separating from the ceilings, and at the party wall the floor has dropped about 8 inches. There are no sales that can be verified in similar condition, and I am not an engineer - what route would be recommended.