Seattle Distressed Property
This house belongs to a group of homes, euphemistically called “distressed properties” which means they are now owned by the bank, which is trying to recover something in the eventual sale. CSES was asked (by one of our real estate professional friends) to visit the site, perform an inspection, and help provide some guidelines regarding what might be done to correct any structural problems.
It is a very large property, but the home itself has been neglected. Other than that, it turned out to be in pretty fair shape, with mostly cosmetic and minor repairs required to make it homey again. The main problem was the front porch, which is poorly built and has no real foundation. It’s sagging a bit.
The repairs are under way on this distressed property.
