Home Inspection

Images and video of home inspection. Nori save this link when you have tenant or property management questions. Listed name brand of house filters, monitors, water treatment, and plumbing items...

Front railings need sand and paint with oil based paint

Wine refrigerator seems to be working

Ovens work

Sink in powder room drain holes very small and water drains slow

view roofs  trim the privet down

Thin out privet old wood

Exterior copper drains secured by flimsy wire

Spiral staircase rusting needs sand and paint probably every year

Paint with marine oil based paint

refrigerator outside moldy and galvanized trim needs deep clean, works

needs GFI outlet and one power outlet not working

Ice maker outside no power - outlet problem

BBQ grill electric pilot lighter not operating could be power in the outside kitchen

Gas flows

Sprinkler control for backyard in corner behind outdoor fire

Gas to outdoor fire flows but must be manually lit with match

Pump for jacuzzi/ fountain is pretty small. Works fine. The round two bins that cycle water need to

be emptied from leaves and hair weekly.

Electrical needs better covers as people will come here in wet bathing suit to adjust. Shock hazard.

Fountains not flowing they are on a timer somewhere

Jacuzzi has controls under water.

The two covers for the drains need replacing to code ones that can't catch hair as is drowning hazard.

Today's code would make you cover the spa with netting or put alarms on all the access doors because of children who cannot swim

Some grout outdoors needs filling

Spiral stair again

Carpet in downstairs bedroom has dog stains

Door knob needs lubrication and clean hinges

DW40

Steam in bath not working. Probably I would not fix for a rental

Cords in internet and music audio are a snake pit

Needs labelling, instructions, and color zip ties

Electric panel is older style but nicely labelled. Some time in future upgrade

Love the ironing board feature in laundry

All six washers and dryers work.

Get dryer vents cleaned out

Right handle loose

tub handle falls off

drain slow

This is in the big fireplace in family room. Is a remote to turn gas up down or off. Not working.

Fireplaces are all manual - gas flows you need long match to light

Sink in bar near wine room all loosey goosey needs repair

https://www.italiafaucets.com/products/victorian-single-hole-single-handle-vessel-bathroom-faucet-in-antique-copper?variant=40065197408344&/&utm_source=google&utm_medium=cpc&utm_campaign=rlshoppingpmaxitalia&gclid=CjwKCAiA5sieBhBnEiwAR9oh2sWjJhsMKCEB5w0-fyqxCjhLKMjoq7qcOQPA9-6ulavO7XSMsrzmThoCgPgQAvD_BwE   maybe Italia has similar

or Akicon  https://www.akiconshop.com/c/bar-prep-faucet-0474   note the existing has two holes in the marble top

Sink stopped draining needs to be cleared the plumbing below

Wine room there was a leak in here. Ask about what happened. Wine cooler air humidifier not working

Racks in hall need reinstall. Light fixtures all hanging down need repair

DOGGY DOOR Yippeee!

power in center of living room floor works

Dutch door to side needs plaining/shaving down as is swollen and hard to open

Side stairs exterior need paint. Add sand to paint and slip strips as

is very slippery

Now the side plaster 

Venetian plaster is fragile. They add marble dust into the mix to make it very fine. A window was replaced and they added a nice dual pane metal framed one. Whoever did the plaster fix did a terrible job. He did not match the color or texture and did not polish it smooth. The same guy plastered around some windows facing the ocean and you will see the following images. I know two "artists" who do this right. The plaster can be fixed but it needs to be done in the summer when it isn't raining. There are many cracks in the side wall and plaster over cinder block wall some cracks starting. I suggest this summer you schedule the side of the house replastered so it doesn't look so unsightly.

Beach outdoor shower is a great feature with being near the beach. This area could be cute but they have trash cans here. Missing opportunity.

metal window I mentioned

This dual pane has moisture inside. Summer will clear it or a hairdryer. ALL the window cranks need cleaning and lubing in the house.

In the kitchen under the island on both sides are power outlets. They need to be changed to GFCI's and the one on the counter too.

Again the plaster repair facing ocean windows

Railing facing ocean is not to code BUT never change to the higher one as blocks view

Track needs cleaning and paint trim oil based paint.

Mello Luca tree in front trim the limb that touches.

Gas on off up top

Driveway water connection cracked tile and needs grout repair.

Water outlet at curb. 

Trim this tree to not touch house. 

Vermin can enter from access here- we live near canyons: possums, racoons, rats can create damage.

Move dirt against foundation by front door. (gardener). 

Keep moisture away from house to prevent termites.

Tesla charger in garage seems okay

Salt water for water treatment no salt in it is on no idea if it works

slow flow

drains in front clear

Roof views

Water pump

Aqua Link RS

JVA 2440 torque

Pentair Mastertemp 400

Pentair

Two water heaters. Appear newish. The gas line in is not to code

In the room where there is gift wrapping this is the motor for the elevator

 Click twice on videos to get detailed view of the house.

Since is exposed to ocean air you need to keep it painted on a schedule is my number one tip.

Puerto Rico

 

American Financial Network, Pinnacle

C G Barbeau

Home Maintenance Tips

Puerto Rico experiences coastal ocean air.

Houses in Puerto Rico may need to be painted annually.

Flush the water heater once a year.

Change the filters for the air conditioner every three months.

Check for rust, mold and water damage on the exterior by walking around

the outside of the house to do a five minute inspection every year

Puerto Rico fire hazard insurance agents:

Felipe Garcia (787) 671-8298

USAA https://www.usaa.com/inet/wc/insurance_home_condo?akredirect=true

MApfre  https://www.mapfreinsurance.com/

Universal  https://www.universalpr.com/UPPublic/Home.aspx?UniqueName=Home_Dwelling

 Banco Popular de Puerto Rico

 

 Firstbank Puerto Rico

 

 Oriental Bank

 

 Sun West Mortgage Company, Inc.

 

 RF Mortgage & Investment Corp.

 

 FEMBI Mortgage

 

 Banco Santander de Puerto Rico

 

 Preferred Mortgage Corp.

 

 First Security Mortgage, Inc.

Non Warrantable Condominium

 

This year learn about other loan programs

I know this is not the most exciting topic but being prepared will get buyers in

position to make offers that can close.

Non warrantable condominium complex can get a loan.

If the HOA has lawsuits and not enough reserves there are wholesale broker options

If it is just the owner occupancy under 51% Fannie might make an exception.

The reason why the condo HOA is in trouble is vital to making the choice. Get the HOA management company on the phone and ask them what the

Ins and Outs of their problems.

 

Lenders who fund non warrantable condos (let’s say it’s a high rise in Florida with construction defect lawsuit to just demonstrate how ugly)

 

Acra

Loan stream

Loan Lock Prime

Newpoint Mortgage

Deep Haven

Change

Excelerate Capital (yes that’s how the spell their name)

ACC Mortgage

5^th Street Capital

Fund Loans

Impac

First National Bank of America

 

They need 20% down; full doc; FICO above 680 in general

As a broker you do this borrower paid.

You charge 2 points and most of the above charges 2 points …OUCH

Loan has to be big enough to not be a HIGH Cost Loan

Getting a new broker conduit approved, ask Paul how long this will take

 

I would first start with how much this condo is in EXTRA costs upfront. Four points, cough cough

Protect Pets at Christmas

White Amaryllis 

 Protect your pets at Christmas

Mistletoe. mistletoe berries, and holly berries are poisonous. 

Better not have them in the house during the holidays.

Poinsettia and Christmas cactus are irritating and can cause vomiting,
 but a child or pet would need to eat about eighty leaves to become ill. 

This depends on amount ingested and weight and health of the child or pet.

Cyclamen is poisonous to pets as is English Ivy.

Amaryllis won't kill you but will make you sick.

Trees need to be secured to avoid them falling over and

 injuring the pet or a person.

Dana Point Sinks Pilgrim Ship

 

Why We Can't Have Nice Things in Dana Point

The Ocean Institute is reconstructing a smaller copy of the Pilgrim like the phoenix from the ashes. Workers on the dock today spin the story about what really happened. A passerby shouts to the workers about the erroneous signs asking, "what happened to the Pilgrim?" 

They coyly pretend they do not know. Signage misrepresents that the new ship is the same as the old.

The Pilgrim, a ship in Dana Point Harbor that served as the ultimate sailing fantasy for forty years of students in Capistrano School District. The Pilgrim in the harbor was a replica with some antique parts. She was a life size copy of the three-masted schooner merchant ship that Richard Henry Dana detailed in his novel Two Years Before the Mast. School children read the book, wrote stories about throwing the hides down the bluffs, and re-enacted the sailing on the ship Students slept in her quarters overnight and performed duties described in the novel.

In 2018 the ship was inspected by the US Coast Guard, the Insurance company's inspector, several boat consultants, the Harbor Master, and the Ocean Institute. They were advised to dry dock the Pilgrim and repair the leaks. Instead of fixing her, they let her sit in the water for four more years to sink. 

March 27th, 2020 locals noticed her sinking and notified the Ocean Institute. On the afternoon of the 28th she keeled over. By the 29th the ship sank in her slip at Dana Point Harbor.

A crane was leased to lift the Pilgrim out of the water on Thursday, April 2 for inspection to determine the cause of its sinking. But U.S. Coast Guard halted the operation when crews heard loud cracking and deemed the plan unsafe.  Negligence and lack of maintenance caused major rot in the mask and hull. The Ocean Institute called to consult with the County and the School District to solicit funds, but immediately the Ocean Institute found it cheaper to take the insurance settlement and demolish the Pilgrim in its slip.

The barge crew conducted the demolition and removal process on Tuesday, April 7, 2020. The removal was a process of cutting her into four foot pieces over several days with locals onlooking. Chain saws, pry bars, and hoists from the dock pulled her apart into scraps. The ship's wheel, lanterns, sails, the carvings, sleeping benches, the living history pieces mostly disappeared. Some items are today displayed in persons homes when they were supposed to become part of the Institute's collection. Pieces of the hull and mast sat in the Ocean Institute parking lot until 2022, some rotted parts line the pathway on the Ocean side of the building.

The Pilgrim's last insurance valuation was at $6 million. The vessel was surveyed during Pilgrim’s last haul out of the water in 2018, at which time the marine surveyor provided a market value, or insurable value. Ocean Institute underinsured the ship and settled for something shy of three million dollars.

The Pilgrim was an important classroom and field trip destination for hundreds of thousands of children for forty years and played a prominent role each year during the Ocean Institute’s Tall Ships Festival. My children scrubbed the decks and ate an onion. What do you recall about your school trip on the Pilgrim?

White House Lights?

 

MORTAGE SERVICER GENERAL WEBSITE CUSTOMER OPTIONS

If you are looking for your mortgage servicer or your servicer sold the loan

off to another company. Here is a helpful list from Santa to find the answer

you need about your home loan. Feel free to call me if you have questions.

Many people seem confused about Covid 19 mortgage assistance.

Forbearance was for 180 days. Unless you got a second agreement to go

a little longer. Forbearance programs are over. Only government backed

federal loans had an organized forbearance program.

I

Quicken Loans Inc. www.quickenloans.com https://www.rocketmortgage.com/lear

n/mortgage-assistancecovid19?qls=PUB_rocketmo.00001168

49

PennyMac Loan Services, LLC www.PennyMacUSA.com

LoanCare, LLC www.loancare.com https://www.myloancare.com/pub/ind

ex.html#/HomeRetentionRequest

Lakeview Loan Servicing, LLC www.lakeviewloanservicing.com https://lakeviewloanservicing.com/cor

onavirus-statement/

NewRez LLC (see also New

Residential Mortgage)

www.newrez.com https://www.newrez.com/covid19-

update/

Dovenmuehle Mortgage, Inc. www.dovenmuehle.com https://www.yourmortgageonline.com

/Account/Covid19Hardship

Freedom Mortgage Corporation www.freedommortgagecorporatio

n.com

PHH Mortgage Corporation www.phhmortgage.com

Caliber Home Loans, Inc. www.caliberhomeloans.com https://caliberhomeloans.com/aboutus/news/2020/03/17/message-fromsanjiv-das-ceo-our-commitment-tocustomers-business-partners-andemployees-during-the-coronavirus

Select Portfolio Servicing, Inc. www.spservicing.com

Specialized Loan Servicing LLC www.sls.net

RoundPoint Mortgage Servicing

Corporation

www.rpmservicing.com https://www.roundpointmortgage.com

/coronavirus

United Shore Financial Services,

LLC

www.unitedshore.com

AmeriHome Mortgage Company,

LLC

www.amerihome.com/ https://www.amerihome.com/coronav

irus-info/

MORTAGE SERVICER GENERAL WEBSITE CUSTOMER OPTIONS

Carrington Mortgage Services,

LLC

www.carringtonmortgage.com/ https://www.carringtonmortgage.com/

covid19

Provident Funding Associates,

L.P.

www.provident.com/

Rushmore Loan Management

Services LLC

www.rushmorelm.com https://www.rushmorelm.com/covid19-update/

Home Point Financial

Corporation

www.homepointfinancial.com/ https://www.homepointfinancial.com/

covid19

Guild Mortgage Company www.guildmortgage.com/ https://www.guildmortgage.com/covid

-19/

Ditech Financial LLC www.ditech.com/

loanDepot.com, LLC www.loandepot.com/ http://start.loandepot.com/assets/intemail/disaster/COVID19ServicingCom

municationv6.0.pdf

THE MONEY SOURCE INC. themoneysource.com/ https://themoneysource.com/happyhub/coronavirus/

Broker Solutions, Inc. www.newamericanfunding.com/co

ntact/

Aurora Financial Group, Inc. auroralending.com/

Bayview Loan Servicing, LLC www.bayviewloanservicing.com/ https://bayviewloanservicingcares.com

/impacted/

Planet Home Lending, LLC planethomelending.com/ https://planethomelending.com/covid

19/

Arvest Central Mortgage

Company

arvestcentralmortgage.com/ https://www.arvestcentralmortgage.co

m/resources/hardshipassistance/hardship-assistance-main

Fay Servicing, LLC www.fayservicing.com/

Mortgage Research Center, LLC www.mortgageresearchcenter.com

/

MORTAGE SERVICER GENERAL WEBSITE CUSTOMER OPTIONS

FCI Lender Services, Inc. www.trustfci.com/

Sun West Mortgage Company,

Inc.

www.swmc.com/ https://www.swmc.com/

First Guaranty Mortgage

Corporation

fgmc.com/

Compu-Link Corporation www.celink.com/

Reverse Mortgage Funding LLC www.reversefunding.com/

Finance of America Reverse LLC www.fareverse.com/

American Advisors Group www.aag.com/

Longbridge Financial, LLC longbridge-financial.com/

District of Columbia DC Mortgage Laws

District of Columbia as in DC Washington Mortgage Test

Loan questions and answers

 Per DISB requirements, all records shall be maintained for:

 

5 years from loan consummation

5 years from application date

For at least 3 years after final payment is made on any mortgage loan or after the mortgage loan is sold, whichever first You correctly checked this.

3 years from loan consummation

Each Mortgage lender required to be licensed under this chapter shall retain for at least 3 years after final payment is made on any mortgage loan or after the mortgage loan is sold, whichever first occurs

Question 2

All of the following would result in license revocation by default except:

 

Failure to maintain net worth requirements

Failure to maintain bond

Failure to originate more than 1 loan in a calendar yearYou correctly checked this.

Failure to pay annual license fee

The number of originations is not a provisions of licensure.

Question 3

Unless it is available at the time of the application, the following information is not required when applying for a proposed mortgage loan except for:

 

Whether the loan may result in a balloon payment

Whether the interest rate is fixed or variable

The date of maturity of the proposed loanYou correctly checked this.

The purpose of the refinancing, if the loan will refinance a prior loan secured by the same real property

The date of maturity of the proposed loan, whether the loan may result in a balloon payment, and whether the interest rate is fixed, or variable may not be known at the time of the application and are therefore not fundamental requirements. However, the purpose of the refinancing, if the loan will refinance a prior loan secured by the same real property, must be clearly stated.

Question 4

Each application for a proposed mortgage loan must always contain the following information except for:

 

The unique identifier of the MLO

Whether the interest rate is fixed or variableYou correctly checked this.

The Social Security number of each borrower

The principal amount of the loan requested

All applications for a proposed mortgage loan must contain, among other things, the unique identifier of the MLO, the Social Security number of each borrower, and the principal amount of the loan requested. However, information regarding whether the interest rate will be fixed, or variable may not be available at the time of the application and is therefore not a requirement.

Which loan would be considered a Nontraditional loan?

 

A District of Columbia state-specific mortgage

A Loans issued to subprime borrowers

A 30-year fixed-rate mortgage

A 15-year Adjustable-rate amortizing mortgageYou correctly checked this.

The DISB guidance says that a Non-conventional mortgage loan is any mortgage loan that is not a fixed-rate mortgage loan with an amortization period of 30 years or less.

All of the following documents must be kept in a loan file folder except:

 

Conversation logYou correctly checked this.

Adverse Action

Closing Disclosure

Loan application

Conversation log is not a requirement to be kept on file.

The DISB consists of 5 bureaus. These are the Insurance Bureau, the Securities Bureau, the Banking Bureau, the Enforcement and Investigation Bureau, and the Risk Finance Bureau.

Mortgage licensees must ensure that all lock-in agreements are in writing and contain which minimum details?

 

Date locked, expiration date, and rate locked in.

Date locked - expiration date, interest rate, discount points, lock-in fee if applicable, & commitment fee if applicableYou correctly checked this.

Date signed, expiration date, discount points, signatures

Interest rate, points, and lock-in fee

Three of these answers do not have enough data. Date locked - expiration date, interest rate, discount points, lock-in fee if applicable, & commitment fee if applicable.

If You Want to Change the World, William H McRaven

Public Storage Fail

October 2nd 2022 entry Public Storage Building with a piece of paper.

Sometime in October 2021 my storage unit and thirteen other units were

smashed into and burglarized. Public Storage knew the rear door was broken. 

Now a year later they continue to fail their clients and never repaired

the rear entry doors. Willful disregard for care of clients. 

Filed small claims and Public Storage sends an employee who

laughed at the mediator, drank a soda, drove her vehicle during

the remote zoom hearing. Disrespectful of the court.

 

October 2 2022 rear door open unlocked

bathroom style door locks with no lock

 

Rear door exit the lock bar has not been repaired Oct 2 2022

This remained unlocked for one year plus since burglary 2021 

Alarm still cut and pin doe not go into the door jam October 2 2022

Crow bar removed 2022 October 2nd

Door opened with a piece of paper to rear of building

No Down Payment? Look for USDA house location

Find the house location on the USDA map

Maker your offer now while the market is quiet with buyers on the back burner

No down payment.

Ask seller for some credits!

Call C G

(949)  784- 9699

NMLS 324982