Preliminary 203k Report Sample Only - NAFHAC
Preliminary 203k Report Consultant's Report y l n Prepared by Paul Hollup 411 N. Lewis Road, Royersford, 19468, Pennsylvania (610) 948-9196 , office@HandHInspect.com O e 420 Vaughn Road Project m a S Inspected Address: Inspection Date: l p 420 vaughn rd, Royersford, Pennsylvania, 19468 06/30/2020 Client Client Name: Client Phone: Client Email: Mary Hollup (610) 310-0114 phollup54@gmail.com Lender Lender: Lender Phone: Loan Officer: Loan Officer Phone: H & H Home Inspection (610) 948-9196 Kathleen Moyer (610) 310-0114
08-03-2020 y l n Mary Hollup 420 vaughn rd royersford, Pennsylvania, 19468 Re: Preliminary 203k/Construction Report for: 420 vaughn rd Royersford, Pennsylvania, 19468 O e Dear Mary Hollup, Re: 203k Inspection of 420 Vaugh Street, Royersford PA l p The attached report is the preliminary inspection report based on the evaluation conducted at the above referenced property. This is NOT the report that would be used for the processing of the loan application. A blank (without numbers for cost items) matching contractor bid has been created and will be forwarded to your selected contractor at the same time as this report is being submitted to you. He and you will need to review the project and agree on the cost and items to be included in the scope of work. All items indicated with the Repair Classification - M (Mandatory) are required. All other items listed with R (Recommended) or D (Desired) may be deleted from the project at your choice). m a S Your selected contractor will need to complete the bid using the Genesis Rehab Reporting System. (He will receive an email with instructions for using this web based estimating portal). He will need to submit the bid electronically once you and he have come to agreement. Once received, I will complete the detailed work write up. At that time, your payment for these additional forms (and based on the contractor's final number) will be due in by electronic payment (debit/credit card). Please allow 2 business days for delivery of the final report once payment is received. Please contact us with any questions. Thank you for allowing us to assist you with your home buying activities. Very truly yours, Paul Hollup H & H Home Inspection 411 N. Lewis Road Royersford, Pennsylvania, 19468 610 948-9196
Consultant LOGO or company information 420 vaughn rd, Mary Hollup Royersford, Pennsylvania 19468 88865712389 Royersford 610 y l n O e Paul Hollup m a S 310-0114 l p 300.00 300.00 250.00 500.00 300.00 0.00 0.00 08-03-2020 P1631 Borrower Acknowledgement/Notice to Mortgage Applicant: You must have this form completed either by your local municipality building code enforcement department or your HUD 203k consultant, if applicable. Your mortgage lender may not permit the scheduling of your closing without verification of required permits, for refinance or purchase transactions.
Borrower: Mary Hollup Address: 420 vaughn rd Consultant: Paul Hollup Preliminary 203k Report 420 Vaughn Road Project Inspection Date: 06/30/2020 O e Applicant: Property Address: Mary Hollup 420 vaughn rd, Royersford, Pennsylvania, 19468 (610) 310-0114 y l n Consultant: Paul Hollup Lender: l p H & H Home Inspection This Report is a preliminary evaluation only. It should be used to determine the desirability of continuing with the 203k Process or as a tool for a borrower seeking to use the Streamlined 203k loan. It is NOT to be considered as a completed Specification of Repairs (SOR) work write up and should not be used for underwriting or appraisal purposes. Items listed below may change on further inspection, applicant's requests or contractor evaluation. If desired, contact FHA 203k consultant to prepare a final SOR. m a S Construction Categories, Items & Costs (Construction Cost Estimate) 2. Siding Repair Item 1 Install new vinyl siding. . Location: Exterior Material: 6000.00 Tax: 420.00 Labor: 8000.00 Total: 14420.00 Repair Class M.Unit M.Qty L.Unit L.Qty Repairer D LS 1 LS 1 Contractor . Repair Notes: Remove the asbestos tile from the home, contractor to be asbestos certified and dispose material according to DEP standards. Category Details The asbestos material must be disposed of according to DEP standards. Contractor to be asbestos certified. New vapor barrier to be installed around the home. New vinyl siding to be installed according to manufacture specification. Color and style of clients choice Material: 3000.00 3. Gutters/Downspouts Repair Item 1 Install new gutters and downspouts . Location: Exterior Tax: 210.00 Labor: 2000.00 Total: 5210.00 Repair Class M.Unit M.Qty L.Unit L.Qty Repairer M LS 1 EA 1 Contractor . Repair Notes: All gutters to be seamless as per clients request. Gutters to be installed as per today's standard. The downspouts will be extended away from the home at least 6 feet.
Borrower: Mary Hollup Address: 420 vaughn rd Consultant: Paul Hollup Category Details As per clients request the gutter system will be seamless. The downspouts will be installed and extended away from the home 6 feet away. Where the downspouts drainage system is underground the connections will be secure to the underground system. Material: 7000.00 4. Roof Repair Item 1 Tax: 490.00 Labor: 5000.00 Total: 12490.00 y l n Repair Class M.Unit M.Qty L.Unit L.Qty Repairer M LS 1 LS 1 Contractor Install new shingle roof . Location: Roof . Repair Notes: Old roof to be removed and disposed of properly. New roof to be installed according to today's standards. Category Details O e Old roof to be removed and disposed of properly. New roof to be installed according to today's standards. When jog is finished, the ground around the home should be cleaned of all debris. All plants, bushes and trees to be covered during the length of the roof installation. 10. Caulking Repair Item 1 CONTRACTOR RECOMMENDED ITEM . Location: All Interior Rooms m a S l p Tax: 35.00 Labor: 500.00 Total: 1035.00 Repair Class M.Unit M.Qty L.Unit L.Qty Repairer R LS 1 LS 1 Contractor . Repair Notes: Caulk all new windows both interior and exterior Category Details Material: 500.00 Material: 4500.00 13. Windows Repair Item 1 Install new vinyl replacement windows . Location: House Exterior Tax: 315.00 Labor: 2500.00 Total: 7315.00 Repair Class M.Unit M.Qty L.Unit L.Qty Repairer M LS 1 LS 1 Contractor 1 LS 1 Contractor . Repair Notes: Old vinyl windows to be removed. Installed new vinyl double hung windows. 2 Install new picture windows . Location: Exterior Front M LS . Repair Notes: Remove old picture window and install new vinyl picture windows. Category Details Remove old picture window and install new vinyl picture windows. Material: 2000.00 15. Doors (Ext.) Repair Item Repair Class M.Unit M.Qty Tax: 140.00 Labor: 1500.00 L.Unit L.Qty Total: 3640.00 Repairer
Borrower: Mary Hollup 1 Address: 420 vaughn rd French door(s) . Location: Family Room D Consultant: Paul Hollup LS 1 LS 1 Contractor . Repair Notes: Remove the existing french door leading to the deck area. The new Pella french door with vinyl/wood to be installed. Category Details Remove existing french door and install new Pella french door with vinyl facing outside and unfinished wood on the interior side. The client will pick the color of the stain for the door. Before door is installed new pan flashing will be installed and any deteriorated wood framing to be replaced. After new door is installed and the proper sealants are in place new trim work to be installed around the new french door. y l n Material: 0.00 20. Wood Trim Repair Item 1 Replace all trim at interior door units . Location: All Interior Rooms Category Details Tax: 0.00 Labor: 1500.00 Total: 1500.00 Repair Class M.Unit M.Qty L.Unit L.Qty Repairer M LS 1 LS 1 Contractor O e l p 27. Plumbing m a S Repair Item 1 Repairs plumbing in bathrooms and kitchen . Location: Kitchen and Bathrooms Material: 350.00 Tax: 24.50 Labor: 750.00 Total: 1124.50 Repair Class M.Unit M.Qty L.Unit L.Qty Repairer M LS 1 LS 1 Contractor . Repair Notes: Since the water as been turned off all faucets an water lines to be repaired/replaced. All work to be done by a certified plumber and all work to meet today's standards. Category Details Contractor to verify all plumbing elements when water service restored, replace as needed faucets /fittings (material allowance 350) Material: 1500.00 28. Electrical Repair Item 1 Install new 200 amp service and panel . Location: Exterior Tax: 105.00 Labor: 2000.00 Total: 3605.00 Repair Class M.Unit M.Qty L.Unit L.Qty Repairer M LS 1 LS 1 Contractor . Repair Notes: Remove old deteriorated service cable, install new service cable to panel. Remove old panel and install new panel that meets today's standards. Category Details Remove old deteriorated cable from head mast to panel, removal old electrical panel. Install new service cable from mast head to panel all work to meet today's standards and a certified electrician to do all work. Panel to include all applicable afi and gfi protection and two forms of grounding. Panel to have min. 20 slots.
Borrower: Mary Hollup Address: 420 vaughn rd Consultant: Paul Hollup m a S l p O e y l n
Borrower: Mary Hollup Address: 420 vaughn rd Consultant: Paul Hollup Project Construction and Fee Estimate 420 Vaughn Road Project Construction Categories Section 1 Masonry Section 2 Siding Section 3 Gutters/Downspouts Total 0.00 14420.00 5210.00 Section 4 Roof Section 5 Shutters 0.00 Section 6 Exteriors 0.00 Section 7 Walks 0.00 Section 8 Driveways 0.00 Section 9 Painting (Ext.) 0.00 Section 10 Caulking Section 11 Fencing 0.00 Section 12 Grading/Landscaping 0.00 Section 13 Windows Section 14 Weatherstrip Section 15 Doors (Ext.) Section 16 Doors (Int.) Section 17 Partition Wall Section 18 Plaster/Drywall Section 19 Decorating Section 20 Wood Trim Section 21 Stairs Section 22 Closets Section 23 Wood Floors Section 24 Finished Floors Section 25 Ceramic Tile Section 26 Bath Accessories Section 27 Plumbing 1124.50 Section 28 Electrical 3605.00 Section 29 Heating 0.00 Section 30 Insulation 0.00 Section 31 Cabinetry 0.00 Section 32 Appliances 0.00 Section 33 Basements 0.00 Section 34 Cleanup 0.00 Section 35 Miscellaneous 0.00 m a S Section 1 - 35 Construction Cost SUBTOTAL 12490.00 Fee Details Draw Fees 5 Draws at 350.000 1,750.00 Mileage Fee 30 Miles at 0.570 * 5 trips 85.50 Feasibility Study Work Write-Up Fee Permits Feasibility Inspection 100.00 Based up 100K in repairs 700.00 Based on Pemit/Cert Form 1200.00 See Proposal from Upper Perk Township 22500.00 Fee Grand Total 26,335.50 Municpal fee for public sewage TOTAL 1035.00 y l n l p 3640.00 0.00 0.00 0.00 0.00 1500.00 0.00 Total O e 7315.00 0.00 Fee Name 0.00 0.00 0.00 0.00 0.00 50339.50 Date of Signature: 08-03-2020 CONSULTANT SIGNATURE: Sub Total Name Construction Subtotal Contingency Amount Fee Total Notes GRAND Total 50339.50 20% 10067.90 Fee Grand Total 26,335.50 Grand Total 86,742.90
Fee Details FEES PAID BY BORROWER Fee Name Fee Details Feasibility Study Work Write-Up Fee Feasibility Inspection Based up 100K in repairs TOTAL Fee Grand Total y l n Total O e l p 100.00 700.00 800.00 FEES INCLUDED IN ESCROW m a S Fee Name Draw Fees Mileage Fee Fee Details 5 Draws at 350.000 Total 1,750.00 30 Miles at 0.570 * 5 trips 85.50 Feasibility Inspection 100.00 Work Write-Up Fee Based up 100K in repairs 700.00 Permits Based on Pemit/Cert Form 1200.00 Municpal fee for public sewage See Proposal from Upper Perk Township 22500.00 TOTAL Fee Grand Total 26,335.50 Feasibility Study CONSULTANT SIGNATURE: Date of Signature: 08-03-2020
Consultant Comments Borrower/Client: Mary Hollup Property Address: 420 vaughn rd, Royersford, Pennsylvania, 19468 After a thorough inspection of the property, the following items are of note: y l n 1.) Septic needs additional repairs. 2.) Well was inspected and found that the pump will need to be replaced as well as the electrical feed for the pump. O e 3.) The main electrical service cable will need to be replaced as cable is deteriorated. 4.) Only electric service on at time of evalution. Contingency will need to be increased to 20% to cover unforseen repairs. m a S Consultant Signature l p 08-03-2020 Date:
Classification of Repairs: Mandatory 420 Vaughn Road Project Applicant: Property Address: Lender: Mary Hollup 420 vaughn rd, Royersford, Pennsylvania, 19468 H & H Home Inspection (610) 310-0114 y l n Mandatory Items are required by the consultant and "must" be completed as part of the overall work as required by HUD. 3. Gutters/Downspouts Mandatory Repair Item 1 Install new gutters and downspouts Material Tax Labor Total 3000.00 210.00 2000.00 5210.00 Category Total 5210.00 O e 4. Roof Mandatory Repair Item 1 Install new shingle roof 13. Windows Mandatory Repair Item 1 2 Install new vinyl replacement windows Install new picture windows 20. Wood Trim m a S Mandatory Repair Item 1 Replace all trim at interior door units 27. Plumbing Mandatory Repair Item 1 Repairs plumbing in bathrooms and kitchen Material Tax 7000.00 490.00 l p Labor Total Category Total 5000.00 12490.00 Material Tax Labor Total 3000.00 1500.00 210.00 105.00 1500.00 1000.00 4710.00 2605.00 Material Tax Labor Total 0.00 0.00 1500.00 1500.00 12490.00 Category Total 7315.00 Category Total 1500.00 Material Tax Labor Total 350.00 24.50 750.00 1124.50 Category Total 1124.50 28. Electrical Mandatory Repair Item 1 Install new 200 amp service and panel Approval Signature Material Tax Labor Total 1500.00 105.00 2000.00 3605.00 Category Total 3605.00 Grand Total: Date 31244.50
Classification of Repairs: Recommended 420 Vaughn Road Project Applicant: Property Address: Lender: Mary Hollup 420 vaughn rd, Royersford, Pennsylvania, 19468 H & H Home Inspection (610) 310-0114 y l n Recommended Items are Recommended by the consultant and should be completed as part of the overall work, 10. Caulking Recommended Repair Item 1 CONTRACTOR RECOMMENDED ITEM Material Tax Labor Total 500.00 35.00 500.00 1035.00 Category Total 1035.00 O e Grand Total: m a S Approval Signature l p Date 1035.00
Classification of Repairs: Desired 420 Vaughn Road Project Applicant: Property Address: Lender: Mary Hollup 420 vaughn rd, Royersford, Pennsylvania, 19468 H & H Home Inspection (610) 310-0114 y l n Desired Items Items are a Wish List/Desired Items by the owner likely to be completed as part of the overall work. 2. Siding Desired Repair Item 1 Install new vinyl siding. Material Tax 6000.00 420.00 Labor Total Category Total 8000.00 14420.00 14420.00 O e 15. Doors (Ext.) Desired Repair Item 1 French door(s) m a S Approval Signature Material Tax Labor Total 2000.00 140.00 1500.00 3640.00 l p Date Category Total 3640.00
REPAIR CLASSIFICATION LISTS of 420 Vaughn Road Project Construction Categories Total Mandatory Recommended Desired 0.00 0.00 0.00 0.00 14420.00 0.00 0.00 14420.00 5210.00 5210.00 0.00 0.00 12490.00 12490.00 0.00 0.00 Section 1 Masonry Section 2 Siding Section 3 Gutters/Downspouts Section 4 Roof Section 5 Shutters 0.00 0.00 0.00 0.00 Section 6 Exteriors 0.00 0.00 0.00 0.00 Section 7 Walks 0.00 0.00 0.00 0.00 Section 8 Driveways 0.00 0.00 0.00 0.00 Section 9 Painting (Ext.) 0.00 0.00 0.00 0.00 Section 10 Caulking 0.00 1035.00 0.00 Section 11 Fencing 0.00 0.00 0.00 0.00 Section 12 Grading/Landscaping 0.00 0.00 0.00 0.00 Section 13 Windows 7315.00 0.00 0.00 Section 14 Weatherstrip 0.00 0.00 0.00 Section 15 Doors (Ext.) 0.00 0.00 3640.00 Section 16 Doors (Int.) 0.00 0.00 0.00 Section 17 Partition Wall 0.00 0.00 0.00 Section 18 Plaster/Drywall 0.00 0.00 0.00 Section 19 Decorating 0.00 0.00 0.00 Section 20 Wood Trim 1500.00 0.00 0.00 Section 21 Stairs 0.00 0.00 0.00 0.00 Section 22 Closets 0.00 0.00 0.00 0.00 Section 23 Wood Floors 0.00 0.00 0.00 0.00 Section 24 Finished Floors 0.00 0.00 0.00 0.00 Section 25 Ceramic Tile 0.00 0.00 0.00 0.00 Section 26 Bath Accessories 0.00 0.00 0.00 0.00 Section 27 Plumbing 1124.50 1124.50 0.00 0.00 Section 28 Electrical 3605.00 3605.00 0.00 0.00 Section 29 Heating 0.00 0.00 0.00 0.00 Section 30 Insulation 0.00 0.00 0.00 0.00 Section 31 Cabinetry 0.00 0.00 0.00 0.00 Section 32 Appliances 0.00 0.00 0.00 0.00 Section 33 Basements 0.00 0.00 0.00 0.00 Section 34 Cleanup 0.00 0.00 0.00 0.00 Section 35 Miscellaneous 7315.00 3640.00 0.00 0.00 0.00 m a S Section 1 - 35 GRAND TOTAL Rehab Total (Grand Total Contingency 20%) l p 0.00 0.00 1500.00 0.00 50339.50 y l n O e 1035.00 0.00 31244.50 Mandatory 0.00 1035.00 Recommended 0.00 18060.00 Desired 50339.50 10067.90 60407.40 Mandatory Items are required by the consultant and "must" be completed as part of the overall work as required by HUD. Recommended Items are Recommended by the consultant and should be completed as part of the overall work. Desired Items Items are a Wish List/Desired Items by the owner likely to be completed as part of the overall work. Mandatory - Must be Completed Recommended - May be Removed - With Caution Desired - May be Removed.
Photo Album of: 420 vaughn rd m a S l p O e y l n
Preliminary 203k Report Sample Only Preliminary 203k Report Consultant's Report Prepared by Paul Hollup 411 N. Lewis Road, Royersford, 19468, Pennsylvania (610) 948-9196 , office@HandHInspect.com 420 Vaughn Road Project Inspected Address:420 vaughn rd, Royersford, Pennsylvania, 19468 Inspection Date: 06/30/2020
203k Calculator within the FHA Connection for the actual case. Processing Information This section begins with the basic steps for processing the FHA Connection's 203k Calculator followed by an illustration and helpful tips for completing each step. If 203k Calculator was processed before Appraisal Logging, or if specific Appraisal Logging
maximum repair limit of 35,000. For both the FHA 203k Standard/Full/Rehab and the FHA 203k Streamline, contractors are paid in a series of draws requested from the lender (max. 2 for the Streamline and typically 5 for the Standard/Full/Rehab). The FHA 203k loan is a great option for many reasons (just to name a few):
Top 10 FHA 203k Topics The FHA 203k section of the AmeriFirst Home Mortgage blog is the most-read section. With so many homes needing repairs, and options for financing dwindling, this government-backed program is gaining . The Full 203k is used for anything structural. The sill plate falls under that category. Of course, the house must be an .
203k Contractor Acceptance Packet To be accepted as a suitable contractor for Renovation mortgage projects with Norcom Mortgage, the following items must be provided in their entirety. Norcom will review public record and contract trade . _Full 203K _ Streamline 203K _ Homestyle _VA Rehab Municipality Type:
The FHA 203K Standard can be used for major improvements totaling over 35,000 and an "FHA 203K Consultant" is required, along with one bid from a contractor. A 203K Streamline can be used for rehab and repairs of up to 35,000 and one bid per contractor. Now let's go over the 10 steps. (continued on page 2) 1 NMLS# 338923
FHA 203K 2-4 Unit Small Res. Income Prop Small Residential Income Property Appraisal Report (FNMA 1025/FHLMC 72) FHA 203K Streamline - 2-4 Unit Small Res. Income Prop Small Residential Income Property Appraisal Report (FNMA 1025/FHLMC 72) Homestyle 1025 Small Residential Income Property Appraisal Report (FNMA 1025/FHLMC 72)
Streamlined 203k Streamlined 203K Lender Approval All lenders wishing to participate in the 203(ks) program must go through a separate 203(ks) approval process. - Approval process will include performance analysis of previous 203(k) loans originated by lender. Note: U.S. Bank only accepts streamlined 203(k) - referred to as 203(ks) - loans.
dance with Practices C 31, C 192, C 617 and C 1231 and Test Methods C 42 and C 873. 4.3 The results of this test method are used as a basis for 1 This test method is under the jurisdiction of ASTM Committee C09 on quality control of concrete proportioning, mixing, and placing
