hud 203(k) work write-up - s3.amazonaws.coms3.amazonaws.com/files.inetusa.com/33132/megafiles/sample...

Value Home Inspections, Inc.

HUD 203(k)

119 S. Easton RoadSuite #205

Glenside Pa 19038(215) 886-0010

[email protected]

Consultant's Report

Work Write-Up

Prepared By

Thomas Lytle

6559 Arcola Run RoadCollegeville PA 19426

Inspection Date

5/9/2012

Inspected Address:

Client's Name:

Client's Phone: (610) 555-1212

Lender: Sample Home Mortgage

Phone: (666) 666-6666

Address: 5555 Any StreetAny Town, USA 55555

Loan Officer:

Phone: Ext:

Client's Email: [email protected]

Date9/6/2013

Loan Officer:Lender: Sample Home Mortgage

Package Content OutlineLoan Type: HUD 203(k)

Value Home Inspections, Inc.(215) 886-0010119 S. Easton Road

Suite #205Glenside Pa 19038 Fax: (215) 886-0011

Email: [email protected]

Phone:

Consultant: Catherine Hall

Applicant's Name(s)

Thomas Lytle

Applicant's Address

123 Dacis SrreetCollegeville PA 19426

[email protected]

Loan Number

Property Address


Applicant's Phone

(610) 555-1212

Other Contact Contact's Phone

Number Of Units At Completion: 1

Number of Units At Inspection: 1 Months To Completion: 2

Underground Oil Tank Certification Needed:

Utilities On At Time Of Inspection:

Lead Paint Certification Needed:

Water Certification Needed:

Septic Certification Needed:

Septic Municipal Availability Present:

Smoke Detectors Needed:

Termite - Woodboring Treatment Needed:

Radon Gas Test Preformed:

Seperate Plumbing Certification Recommened:

Seperate Electrical Certification Recommened:

Seperate Heating Certification Recommened:

Seperate Structural Engineers Report Recommened:

FHA 203(k) Consultants Agreement:

Specification of Repairs:

Initial Draw Request:

Woodboring-Termite Report:

Private Septic Report:

Private Well Report:

Radon Test Report:

Separate Structural Engineer Report:

Lead Paint Recommend Form:

Seperate Heating Certification:

Seperate Plumbing Certification:

Separate Electrical Certification:

Underground Oil Tank Certification:

No. of Draws Requested: 3

This Package Contains

Draw Fees Recommended Per Draw: $175.00

Property Summary Information & Recommendations

Recommendations

Work Phone

Cell Phone

"Check Mark Indicates Yes"

Total Repair Estimate: $28,150.00

Consultant's Invoice:

Owners/Contractors Agreement:

Contingency Reserve: $2,815.00 10%at

Property Picture

Narrative:

Identity Of Interests:

Floor Layout Diagram:

Permit Certification Form;

Lot Size:Number of Dwellings: 0

Number of Stories: 3 Building Size:

Type of Construction: Masonry

Estimated Age: 100+

Asbestos Report Neeed:

Borrowers Acknowledgement:

Self Help Agreement:

Work Write Up Totals:

Certification Letter:

Minimum Property Standards:

Copyright © 2010 - Corporate Niche (406) 522-8856

Property Information & Inspection




Phone:


Inspection Date: 5/9/2012

Inspector: Catherine Hall

Property Address


Consultant's File Number: 01 Sample Report

Thomas Lytle

Address: 123 Dacis SrreetCollegeville PA 19426

Home Phone: (610) 555-1212

Other Contact Name:

Origination Date:

Months To Completion: 2

HUD Date Assigned:

Lender Loan #:

FHA Case No.:

Lender Information

HUD Information

Applicant's Information

Details

Lending Institution: Sample Home Mortgage

Phone:

Loan Originator:Owner Occupied Investor/Builder

Contingency Reserve %: 10%

Ext:

Contractors On Project

Habitation / Occupancy: Occupied

Office Phone:

Cellular:

Other Phone:

Number of Draws: 3

At Start: 1 At Completion: 1Number of Units


Picture

Loan Type: HUD 203(k)

,

Page 1 of 2Copyright © 2010 - Corporate Niche (406) 522-8856


Inspector: Catherine Hall

Property Address


Consultant's File Number: 01 Sample Report

Lot Size Number of Dwellings 0

Number of Stories 3

Number of Commercial Units 0

Commercial Units Ratio

Building Size

Type of Construction Masonry

Estimated Age 100+

Smoke Detectors at Inspection

Type Required

# Electric Services 1 On

# of Gas Services 0 On

Water Private On

Type Of Sewer Public

Utilities At Inspection

Smoke Detectors

Commercial Units

Building Physical Information

Inspection Weather Conditions

Initial Inspection Information

Underground Oil Tank Certification Needed:

Utilities On At Time Of Inspection:

Lead Paint Certification Needed:

Water Certification Needed:

Septic Certification Needed:

Septic Municipal Availability Present:

Smoke Detectors Needed:

Termite - Woodboring Treatment Needed:

Radon Gas Test Preformed:

Seperate Plumbing Certification Recommened:

Seperate Electrical Certification Recommened:

Seperate Heating Certification Recommened:

Seperate Structural Engineers Report Recommened:

Recommendations"Check Mark Indicates Yes"

Asbestos Report Neeed:

Catherine Hall

Note: The 203k Feasibility Inspection is performed to identify those items that are obviously required for a property to comply with HUD's Minimum Property Standards as defined in HUD Handbook 4905.1. Unless otherwise indicated by the consultant, this inspection is NOT PERFORMED ACCORDING TO THE STANDARDS OF PRACTICE OF A HOME INSPECTION NOR SHOULD IT BE VIEWED AS ANY FORM OF CERTIFICATION BY A LICENSED PROFESSIONAL. THESE ADDITIONAL SERVICES MAY BE BENEFICIAL FOR THE BORROWER. The borrower may wish to consider the above recommended inspections to further protect their interests beyond scope of the inspection. It is suggested the borrower discuss the option of obtaining these additional services with their 203k consultant.

Page 2 of 2Copyright © 2010 - Corporate Niche (406) 522-8856

Property Contractor List Contractor Work PreformedAddress Phone

,

Consultant's Summary




Phone:


Property Summary

Additional Testing Services, Certifications or Cost Items that may be necessary

Thomas Lytle

(610) 555-1212

Consultant's Summary

Consultant's SignatureX Date:

ID No.: P0437


9/6/2013Catherine Hall

Copyright © 2010 - Corporate Niche (406) 522-8856 Page 1

Specification Of Repairs

Loan No.

Phone: (610) 555-1212

Consultant's ID No: P0437

Thomas LytleBorrower:

Address:6559 Arcola Run RoadCollegeville PA 19426

Contact Name:

Contact Phone:

FHA Case #:

Sample Home MortgageLender:

Loan Originator Phone:

Property

Months To Completion: 2Occupied During Construction: Occupied

Loan Originator:

5555 Any StreetAny Town, USA 55555

Lender's

Loan Type: HUD 203(k)

Address:


Applicant's Phone: (610) 555-1212

Applicant's Cell Phone:




Phone:


Thomas Lytle Sample Home Mortgage



Consultant's File No.

01 Sample Report

Dated

9/6/2013

FHA Case #

c) Provide kitchen cabinet elevations, deck drawings and other exhibits as necessary to properly describe the required Architectural exhibits for a new addition are the same as for a newly constructed home.

6. Cost estimates must include labor and materials sufficient to complete the work by a contractor.

7. A homebuyer who would like to do any of the work must submit a letter to the lender stating his/her qualifications to perform the work in timely and workmanlike manner. If approved by the lender, the homebuyer cannot eliminate the cost estimate for labor because if the homebuyer cannot complete the work there must be sufficient money in the escrow account to get a subcontractor to do the work.

8. If this is a purchase transaction and not a refinance, then attach a sales contract (the loan should go contingent upon obtaining FHA 203(k) financing).

9. Transfer costs shown on the last page to the Draw Request (HUD 9746-A, VMP-436).

10. Meaning of Abbreviations: Each = Ea Linear foot = LF Square Foot = SF Lump Sum = LS Square Yard = SY * = Required

M = Mandatory By HUD, R = Recommended By Consultant/Other, D = Desired By Homeowner

STEP-BY-STEP PROCEDURE1. HUD accepted consultant who prepares this work write-up (or an architect, engineer or home inspection service) needs to inspect the property to assure: (1) That there are no rodents, termites and other infestations: (2) that there are no defects that will affect the health and safety of the occupants: (3) the adequacy of the existing structural, heating, plumbing electrical and roofing system: and (4) the upgrading of thermal protection (where necessary). The inspection report will be attached to the document.

2. Complete each item below as necessary by either filling out the information on the work to be preformed with a brief explanation, or entering “NONE” in the “SUB-TOTAL" Portion if no work is being performed in that particular subsection to the document.

3. The proposed work, and the materials used, should be explained in detail to assure a complete understanding on the required work by the contractor and the HUD authorized fee inspector. For major items (ie. kitchen cabinets, appliances, heating air conditioning etc.), the description or the item should enclose the make and model number (manufacturer’s) brochure can be attached).

4. Attach a copy of any proposals from all contractors and/or subcontractors.

5. Provide other drawings as necessary to assure a complete understanding of the required work by the contractor and the HUD authorized fee inspector. The following architectural exhibits are required:

a) A Plot Plan of the Site is required only if a new addition is being made to the existing structure. Show the location elevations at the property corners and building structure(s), walks, drives, streets, and other relevant detail. Include finished grade corners to assure proper drainage of water off the site. Show the required flood elevation.

b) Proposed Interior Plan of the Dwelling. Show where structural or planning changes are contemplated; include any dwelling.

Pages 1 To 7Copyright © 2010 - Corporate Niche (406) 522-8856

EA = Each LF = Linear Foot LS = Lump Sum SF = Square Foot Sq = Square SY = Square Yard





01 Sample Report

Dated

9/6/2013

FHA Case #

Masonry1 .

UnitQty Grand TotalTax/MarginTotalUnit Cost

1 250.00

R

$250.000.0% 0.00250.00Repair Stone Foundation Wall

Repair damaged section of stucco at rear steps to basement, at base of wall at front patioLocation

Exterior Walls

Labor 1 0.00Ea 0.00Level

Material/LS

Completion Hrs: 0

Sub-Total This Section: $250.00

Seal and monitor minor stucco cracks at wallsSummary/Narrative Of Work To Be Done:

Owner Contractor SubcontractorThis work will be done by:: Cost Estimate Attached: Permit Required:

Gutters/Downspouts3 .


1 1,850.00

R

$1,850.000.0% 0.001,850.00Install new gutters & downspouts

LocationRoof

Labor 1 0.00EA 0.00Level

Material/LS

Completion Hrs:

Sub-Total This Section: $1,850.00

Summary/Narrative Of Work To Be Done:Owner Contractor SubcontractorThis work will be done by:: Cost Estimate Attached: Permit Required:

Roof4 .


1 5,600.00

R

$5,600.000.0% 0.005,600.00Provide and install new roofing

Cost of roof includes permitsLocation

Roof


Material/LS

Completion Hrs: 0


New construction:Roof trusses placed on 2 foot centers will have 5/8 or thicker sheathing.Roof trusses placed on 16 inch centers will have 1/2 inch or thicker sheathing Oriented strand board or plywood will be used for sheathing.Sheathing will be covered with 15lb. felt with 3 to 6 inch overlaps and felt stapled into place.Dripedge will be applied to entire perimeter of the roof.Self sealing asphalt shingles of owners choice of color will be applied per manufacturers recommendations.








01 Sample Report

Dated

9/6/2013

FHA Case #

Exteriors6 .


1 300.00

M

$300.000.0% 0.00300.00Exterior steps

Repair and add handrail to steps front front porch to yardLocationExterior


Material/LS

Completion Hrs: 0

1 350.00

M

$350.000.0% 0.00350.00Add handrails at steps

Add handrail and guardrail around basement stairwell enclosure- seal cracks in stairwell wallsLocation

Basement


Material/LS

Completion Hrs: 0



Driveways8 .


1 3,500.00Ea

D

$3,500.000.0% 0.003,500.00Install new asphalt driveway

Remove driveway and replace with new asphalt driveLocation

Exterior Side/s


Material/LS

Completion Hrs: 0


Painting (Ext.)9 .


1 250.00

R

$250.000.0% 0.00250.00Prep and Paint all Exterior Wood

Repaint defective wood trim/barge board at roof lineLocation

Roof


Material/LS

Completion Hrs:









01 Sample Report

Dated

9/6/2013

FHA Case #

Windows13 .


1 200.00

M

$200.000.0% 0.00200.00Install new vinyl windows

Replace broken top sash at window in front bedroomLocation2nd floor


Material/LS

Completion Hrs: 0

1 150.00

M

$150.000.0% 0.00150.00Repair window sash/springs

Repair defective sash at 3rd floor bedroom windowLocation3rd floor


Material/LS

Completion Hrs: 0

2 250.00

M

$500.000.0% 0.00500.00Install new vinyl windows

Remove rotted/damaged wood at basement windows- install windows to allow ventilationLocation

Basement


Material/LS

Completion Hrs: 0



Doors (Ext.)15 .


1 100.00

M

$100.000.0% 0.00100.00Repair exterior door

Replace broken window in basement doorLocation

Basement


Material/LS

Completion Hrs: 0



Decorating19 .


1 4,800.00

M

$4,800.000.0% 0.004,800.00Paint interior trim, walls and ceilings

LocationAll interior rooms

Labor 1 0.00SF 0.00Level

Material/LS

Completion Hrs:


Paint all walls & ceiling to homeowners requests.Summary/Narrative Of Work To Be Done:

Owner Contractor SubcontractorThis work will be done by:: Cost Estimate Attached: Permit Required:







01 Sample Report

Dated

9/6/2013

FHA Case #

Stairs21 .


1 350.00

M

$350.000.0% 0.00350.00Provide and install handrails

Provide and install proper handrail with balusters at open side of staircase to 2nd floorLocation1st Floor


Material/LS

Completion Hrs: 0

1 150.00

M

$150.000.0% 0.00150.00Repair handrail/s

Install handrail at steps to basementLocation

Basement


Material/LS

Completion Hrs: 0



Wood Floors23 .


1 1,200.00

D

$1,200.000.0% 0.001,200.00Install new hardwood floors.

Remove existing flooring, install new hardwood floors at living and dining roomsLocation1st Floor


Material/LS

Completion Hrs:



Ceramic Tile25 .


1 950.00

R

$950.000.0% 0.00950.00Install ceramic tile floor and wainscot in bathtub area for shower height.

LocationBath 1


Material/LS

Completion Hrs:

1 800.00

D

$800.000.0% 0.00800.00Ceramic Floor Tile

Replace floor at kitchenLocationKitchen


Material/LS

Completion Hrs:









01 Sample Report

Dated

9/6/2013

FHA Case #

Plumbing27 .


1 450.00

R

$450.000.0% 0.00450.00Replace defective sewer lines.

LocationBasement


Material/LS

Completion Hrs:



Electrical28 .


1 200.00

M

$200.000.0% 0.00200.00Install GFCI outlet

Rewire outlets at both sides of sink to correct reverse polarity situation and provide gfi protectionLocationKitchen


Material/LS

Completion Hrs:

1 100.00

M

$100.000.0% 0.00100.00Install GFCI outlet

Replace dead outlet at rear wall of garage with gfi protected receptacleLocationGarage


Material/LS

Completion Hrs:

1 150.00

R

$150.000.0% 0.00150.00Electrical Wiring

Rewire sump pump outlet onto dedicated circuitLocation

Basement


Material/LS

Completion Hrs:



Cabinetry31 .


1 4,000.00

D

$4,000.000.0% 0.004,000.00Install wood wall and base cabinets

LocationKitchen


Material/LS

Completion Hrs: 0

1 1,950.00

D

$1,950.000.0% 0.001,950.00Install new kitchen countertops

LocationKitchen


Material/LS

Completion Hrs:



CONSULTANT'S COMMENT







01 Sample Report

Dated

9/6/2013

FHA Case #

Construction Sub-Totals Allowable Fees & RecapTotals

RECAP SUBTOTALS

Date of Final Acceptance: ______________

Consultant/Plan Reveiwer: _________________________ __

Applicant(s): ________________________ Date: ___ _______

Contractor: ______________________________ Date: _______________

ID No: P04379/6/2013 Catherine Hall

Applicant(s): ________________________ Date: ___ _______

Applicant(s): ________________________ Date: ___ _______ Applicant(s): ________________________ Da te: __________

All repairs must be performed in conformance with local zoning ordinances and codes.Applicant(s) and Contractor (if any) to sign and date upon final acceptance.

Date:

Masonry1 250.00.

Siding2 0.00.

Gutters/Downspouts3 1,850.00.

Roof4 5,600.00.

Shutters5 0.00.

Exteriors6 650.00.

Walks7 0.00.

Driveways8 3,500.00.

Painting (Ext.)9 250.00.

Caulking10 0.00.

Fencing11 0.00.

Grading/Landscaping12 0.00.

Windows13 850.00.

Weatherstrip14 0.00.

Doors (Ext.)15 100.00.

Doors (Int.)16 0.00.

Partition Wall17 0.00.

Plaster/Drywall18 0.00.

Decorating19 4,800.00.

Wood Trim20 0.00.

Stairs21 500.00.

Closets22 0.00.

Wood Floors23 1,200.00.

Finished Floors24 0.00.

Ceramic Tile25 1,750.00.

Bath Accessories26 0.00.

Plumbing27 450.00.

Electrical28 450.00.

Heating29 0.00.

Insulation30 0.00.

Cabinetry31 5,950.00.

Appliances32 0.00.

Basements33 0.00.

Cleanup34 0.00.

Miscellaneous35 0.00.

Construction Cost Subtotal: $28,150.00

Construction Costs Subtotal : $28,150.00

Fee NoteALLOWABLE FEES

Work Write Up & Consultatio $250.00based onn repair amt

Draw Fees $150.003 @ $175/ea

Feasibility Study $475.00Paid by CK

$875.00

10% $2,815.00Contingency Reserve:

Allowable Fees Total :

Grand Total: $31,840.00



Construction Narrative

Applicant

Thomas Lytle

Property Address


Inspection Date: 5/9/2012 Consultant's Job No: 01 Sample Report

LoanType:

HUD 203(k)

Construction Item




Phone:


Consultant's Job No: 01 Sample Report

Masonry1 .Repair Stone Foundation Wall

Repair damaged section of stucco at rear steps to basement, at base of wall at front patio

R

Details:

Level:

Location: Exterior Walls

Ea Completion Hrs: 0Unit:

Seal and monitor minor stucco cracks at wallsOwner Contractor Subcontractor

Gutters/Downspouts3 .Install new gutters & downspouts R

Details:

Level:

Location: Roof

LS Completion Hrs:Unit:

Owner Contractor Subcontractor

Roof4 .Provide and install new roofing

Cost of roof includes permits

R

Details:

Level:

Location: Roof


New construction:Roof trusses placed on 2 foot centers will have 5/8 or thicker sheathing.Roof trusses placed on 16 inch centers will have 1/2 inch or thicker sheathing Oriented strand board or plywood will be used for sheathing.Sheathing will be covered with 15lb. felt with 3 to 6 inch overlaps and felt stapled into place.Dripedge will be applied to entire perimeter of the roof.Self sealing asphalt shingles of owners choice of color will be applied per manufacturers recommendations.


Exteriors6 .Exterior steps

Repair and add handrail to steps front front porch to yard

M

Details:

Level:

Location: Exterior

LS Completion Hrs: 0Unit:

Add handrails at steps

Add handrail and guardrail around basement stairwell enclosure- seal cracks in stairwell walls

M

Details:

Level:

Location: Basement

EA Completion Hrs: 0Unit:


Driveways8 .Install new asphalt driveway

Remove driveway and replace with new asphalt drive

D

Details:

Level:

Location: Exterior Side/s



Levels: M - Mandatory By HUD, R - Recommended by Consultant, D - Desired By Owner

Page 1Copyright © 2010 - Corporate Niche (406) 522-8856


Painting (Ext.)9 .Prep and Paint all Exterior Wood

Repaint defective wood trim/barge board at roof line

R

Details:

Level:

Location: Roof



Windows13 .Install new vinyl windows

Replace broken top sash at window in front bedroom

M

Details:

Level:

Location: 2nd floor


Repair window sash/springs

Repair defective sash at 3rd floor bedroom window

M

Details:

Level:

Location: 3rd floor


Install new vinyl windows

Remove rotted/damaged wood at basement windows- install windows to allow ventilation

M

Details:

Level:

Location: Basement



Doors (Ext.)15 .Repair exterior door

Replace broken window in basement door

M

Details:

Level:

Location: Basement



Decorating19 .Paint interior trim, walls and ceilings M

Details:

Level:

Location: All interior rooms


Paint all walls & ceiling to homeowners requests.Owner Contractor Subcontractor

Stairs21 .Provide and install handrails

Provide and install proper handrail with balusters at open side of staircase to 2nd floor

M

Details:

Level:

Location: 1st Floor


Repair handrail/s

Install handrail at steps to basement

M

Details:

Level:

Location: Basement



Wood Floors23 .Install new hardwood floors.

Remove existing flooring, install new hardwood floors at living and dining rooms

D

Details:

Level:

Location: 1st Floor



Ceramic Tile25 .Install ceramic tile floor and wainscot in bathtub area for shower height. R

Details:

Level:

Location: Bath 1


Ceramic Floor Tile

Replace floor at kitchen

D

Details:

Level:

Location: Kitchen






Plumbing27 .Replace defective sewer lines. R

Details:

Level:

Location: Basement



Electrical28 .Install GFCI outlet

Rewire outlets at both sides of sink to correct reverse polarity situation and provide gfi protection

M

Details:

Level:

Location: Kitchen

EA Completion Hrs:Unit:

Install GFCI outlet

Replace dead outlet at rear wall of garage with gfi protected receptacle

M

Details:

Level:

Location: Garage

EA Completion Hrs:Unit:

Electrical Wiring

Rewire sump pump outlet onto dedicated circuit

R

Details:

Level:

Location: Basement



Cabinetry31 .Install wood wall and base cabinets D

Details:

Level:

Location: Kitchen


Install new kitchen countertops D

Details:

Level:

Location: Kitchen






Construction Item Totals Allowable Fees & Recap Totals

Narrative Totals

Borrower's Acceptance: __________________________________________ Date: _________________

Masonry1 250.00.

Siding2 0.00.

Gutters/Downspouts3 1,850.00.

Roof4 5,600.00.

Shutters5 0.00.

Exteriors6 650.00.

Walks7 0.00.

Driveways8 3,500.00.

Painting (Ext.)9 250.00.

Caulking10 0.00.

Fencing11 0.00.

Grading/Landscaping12 0.00.

Windows13 850.00.

Weatherstrip14 0.00.

Doors (Ext.)15 100.00.

Doors (Int.)16 0.00.

Partition Wall17 0.00.

Plaster/Drywall18 0.00.

Decorating19 4,800.00.

Wood Trim20 0.00.

Stairs21 500.00.

Closets22 0.00.

Wood Floors23 1,200.00.

Finished Floors24 0.00.

Ceramic Tile25 1,750.00.

Bath Accessories26 0.00.

Plumbing27 450.00.

Electrical28 450.00.

Heating29 0.00.

Insulation30 0.00.

Cabinetry31 5,950.00.

Appliances32 0.00.

Basements33 0.00.

Cleanup34 0.00.

Miscellaneous35 0.00.

Construction Cost Subtotal: $28,150.00

Construction Costs Subtotal : $28,150.00

Fee NoteALLOWABLE FEES

Work Write Up & Consultati $250.00based onn repair amt

Draw Fees $150.003 @ $175/ea


$875.00

10% $2,815.00Contingency Reserve:

Allowable Fees Total :

Grand Total: $31,840.00



Final Work Write Up SummaryValue Home Inspections, Inc.

Inspection Date5/9/2012

Inspector & ID NumberCatherine Hall P0437

(215) 886-0010

FHA Case Number


Thomas Lytle

Labor Materials

or Lump Sum Grand Total Draw Number Draw Total

Lender & Loan NumberSample Home Mortgage

Tax or Margin %TotalConstruction Item

Applicant/Property Address

Tax/MarginCompletion

Hours250.000.00 250.001. Masonry 0.00% 250.000.00 0.0

0.000.00 0.002. Siding 0.01,850.000.00 1,850.003. Gutters/Downspouts 0.00% 1,850.000.005,600.000.00 5,600.004. Roof 0.00% 5,600.000.00 0.0

0.000.00 0.005. Shutters 0.00% 0.00 0.0650.000.00 650.006. Exteriors 0.00% 650.000.00 0.0

0.000.00 0.007. Walks 0.00% 0.00 0.03,500.000.00 3,500.008. Driveways 0.00% 3,500.000.00 0.0

250.000.00 250.009. Painting (Ext.) 0.00% 250.000.000.000.00 0.0010. Caulking 0.00% 0.00 0.00.000.00 0.0011. Fencing 0.00% 0.00 0.00.000.00 0.0012. Grading/Landscaping 0.00% 0.00 0.0

850.000.00 850.0013. Windows 0.00% 850.000.00 0.00.000.00 0.0014. Weatherstrip 0.00% 0.00 0.0

100.000.00 100.0015. Doors (Ext.) 0.00% 100.000.00 0.00.000.00 0.0016. Doors (Int.) 0.00% 0.00 0.00.000.00 0.0017. Partition Wall 0.00% 0.00 0.00.000.00 0.0018. Plaster/Drywall 0.00% 0.00 0.0

4,800.000.00 4,800.0019. Decorating 0.00% 4,800.000.000.000.00 0.0020. Wood Trim 0.00% 0.00 0.0

500.000.00 500.0021. Stairs 0.00% 500.000.00 0.00.000.00 0.0022. Closets 0.00% 0.00 0.0

1,200.000.00 1,200.0023. Wood Floors 0.00% 1,200.000.000.000.00 0.0024. Finished Floors 0.00% 0.00 0.0

1,750.000.00 1,750.0025. Ceramic Tile 0.00% 1,750.000.000.000.00 0.0026. Bath Accessories 0.00% 0.00 0.0

450.000.00 450.0027. Plumbing 0.00% 450.000.00450.000.00 450.0028. Electrical 0.00% 450.000.00

0.000.00 0.0029. Heating 0.00% 0.00 0.00.000.00 0.0030. Insulation 0.00% 0.00 0.0

5,950.000.00 5,950.0031. Cabinetry 0.00% 5,950.000.00 0.00.000.00 0.0032. Appliances 0.00% 0.00 0.00.000.00 0.0033. Basements 0.00% 0.00 0.00.000.00 0.0034. Cleanup 0.00% 0.00 0.00.000.00 0.0035. Miscellaneous 0.00% 0.00 0.0

Draw Request Subtotal:Total Estimate: $28,150.0010% Contingency Reserve: $2,815.00 Total Loan Estimate : $30,965.00+ =

Total Completion Hours: 0.0


Consultant's Identity-Of-Interest Certification




Phone:


Date: 9/6/2013

Borrower's Name(s)

Property Address

FHA Case No.

Thomas Lytle


"I hereby certify that I have carefully inspected this property for compliance with the general acceptability requirements (including health and safety) in Handbook 4905.1. I have required as neccessary and reviewed the architectural exhibits, including any applicable engineering and termite reports, and the estimated rehabilitation cost and they are acceptable for the rehabilitation of the property. I have no personal interest, present or prospective, in this property, applicant or proceeds of the mortgage. I also certify that I have no identity-of-interest or conflict-of interest with the borrower, seller, lender, realtor, appraiser, plan reviewer, contractor or subcontractor. To the best of my knowledge, I have reported all items requiring correction and that the rehabilitation proposal now meets all HUD requirements for Rehabilitation Mortgage Insurance."

Warning: HUD will prosecute false claims and statem ents. Conviction may result in criminal and/or civ il penalties.

(18 U.S.C. 1001, 1010, 1012; 31 U.S.C 3729, 3802).

Consultant/Plan Reviewer's Signature:

Consultant: Catherine Hall P0437

OMB Approval No. 2502-0527 (exp. 04/30/2011) Draw Request U.S. Department of Housing and Urban DevelopmentOffice of Housing

This information collection involves an expanded information requirement for lenders that originate and service Section 203(k) mortgages. The purpose of the information is to help mitigate program abuses. The expanded information focuses on the loan origination process and requires increased documentation and strengthened internal control procedures. Periodic reporting of the information is not required. The information also includes information that was voluntarily accepted by the 203(k) lending community. The information provides a more comprehensive basis for evaluating lender underwriting practices and thereby improves risk management of the 203(k) loan portfolio. Responses are required to obtain benefits under Section 203(k) of the National Housing Act (12 U.S.C. 1703). No assurance of confidentiality is provided.

Borower's Name & Property Address

Thomas Lytle6559 Arcola Run RoadCollegeville PA 19426

Lender's Name & Address

Sample Home Mortgage5555 Any StreetAny Town, USA 55555

FHA Case Number

This Draw Number Date

I certify that I have carefully inspected this property for compliance with the general acceptability requirements (including health and safety) in Handbook 4905.1. I have reviewed the attached architectural exhibits and the estimated rehabilitation costs listed in column 1 below; they are acceptable for the rehabilitation of this property. I have no personal interest, present or prospective, in the property, applicant, or proceeds of the mortgage. To the best of my knowledge, I have reported all items requiring correction and that the rehabilitation proposal now meets all HUD requirements for 203(k) Rehabilitation Mortgage Insurance.

Public reporting burden for this collection of information is estimated to average I hour per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number.

X

HUD-Accepted Consultant / Plan Reviewer's Signature & Date Suggested Contingency Reserve Amount

10%

Adusted AmountsConstruction Item Total Escrow Previous Draw Totals Request for This DrawCol. 1 Col. 2 Col. 3 Col. 4

Total Cost of Rehabilitation Inspector/Lender% % %

9/6/2013 $2,815.00Value Home Inspections, Inc.

HUD 203(k)

Initial

1 Masonry. .1$250.00

2 Siding. .2$0.00

3 Gutters/Downspouts. .3$1,850.00

4 Roof. .4$5,600.00

5 Shutters. .5$0.00

6 Exteriors. .6$650.00

7 Walks. .7$0.00

8 Driveways. .8$3,500.00

9 Painting (Ext.). .9$250.00

10 Caulking. .10$0.00

11 Fencing. .11$0.00

12 Grading/Landscaping. .12$0.00

13 Windows. .13$850.00

14 Weatherstrip. .14$0.00

15 Doors (Ext.). .15$100.00

16 Doors (Int.). .16$0.00

17 Partition Wall. .17$0.00

18 Plaster/Drywall. .18$0.00

19 Decorating. .19$4,800.00

20 Wood Trim. .20$0.00

21 Stairs. .21$500.00

22 Closets. .22$0.00

23 Wood Floors. .23$1,200.00

24 Finished Floors. .24$0.00

25 Ceramic Tile. .25$1,750.00

26 Bath Accessories. .26$0.00

27 Plumbing. .27$450.00

28 Electrical. .28$450.00

29 Heating. .29$0.00

30 Insulation. .30$0.00

31 Cabinetry. .31$5,950.00

32 Appliances. .32$0.00

33 Basements. .33$0.00

34 Cleanup. .34$0.00

35 Miscellaneous. .35$0.00

Totals36 . 36 .$28,150.00Page 1 of 2 ref.Handbook 4240.4 form HUD-9746-A (8/95)

I hereby certify that all the information stated herein, as well as any information provided in the accompaniment herewith, is true and accurate.Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties.(18 U.S.C. 1001,1012;31 U.S.C. 3729,3802)

Investor-BuilderOwner-Occupied

I.D. Number

Date

Originating Lender Sill Retains Funds

FHA Case NumberRehabilitation Inspection Report

Borrower's SignatureX

DateGeneral Contractor's Signature X

DateInspector's Signature X

This draw request is submitted for payment. All completed work has been done in a workmanlike manner. I understand that a 10% holdback will not be released until all work is completed and it is determined that no mechanic's and materialmen's liens have been placed on the property.

I certify that I have carefully inspected this property on this date. The draw amounts are acceptable except as modified in column 4. I further certify that I have not accepted any work that is not yet completed in a workmanlike manner and I recommend that the rehabilitation escrow funds be released for the completed work.

(If any)

This draw request is submitted for payment. All completed work has been done in a workmanlike manner. I hereby certify to the actual cost of rehabilitation as shown above in column 3. I understand that I cannot obtain additional monies from the rehabilitation account without the approval of the lender. I also understand that a 10% holdback will not be released until all work is complete and it is determined that no mechanic's and materialmen's liens have been placed on the property. After the final inspection, the monies in escrow account will be distributed as required by the 203(k) program procedures.

Approved for Release This Draw Totals to Date The Lender is herby authorized to release the following funds from the escrow account.

$Total from Above $

$ $

$ $

$

$

DE Underwriter

Lender-Authorized AgentSigniture & Date

Payable To

Payable to the Fee InspectorPayable to the Borrower

Net Amount Due Borrower

Less 10% Holdback

X

Lender Holding Rehabilitation Escrow Account (name, address, & phone number)

Rehab Funds Transfered to:

Inspection of On-Site Repairs and/or Improvements Rev eals:

1.

2.

3.

4.

5.a.

b.

I.

Unable To Make Inspection. (explained Below)Correction essential as explained below.

No noncompliance observed.

Acceptable variations as described below.

On-site improvements acceptably completed.Will examine at next inspection.

Do not conceal until reinspected.

Explanation of statements checked above.II.

Draw Contingency Reserve Final Change Other (explain)Inspection Inspection Inspection Order

No. No.

Inspection Number

Certification: I certify that I have carefully inspected this property on this date. I have no personal interest, present or prospective, in the property, applicant, or proceeds of the mortgage. To the best of my knowledge, I have reported all noncompliance, work requiring correction, and unacceptable work. I also certify that this Draw Request is for completed work and I have not accepted any work that is not properly installed in a workmanlike manner.

X

Fee Inspector

ID NumberSignature & Date Inspector Fee

DE Staff Inspector

Consultant/Inspector

P0437

X

P0437

Page 2 of 2 ref.Handbook 4240.4 form HUD-9746-A (8/95)

Consultant's Allowable Fee Agreement Prepared for: Thomas Lytle 123 Dacis Srreet

Collegeville PA 19426Address:




Phone:


Allowable Fee Item Fee Fee Item Note

Allowable Fee Items

For the sum(s) specified the CONSULTANT agrees to: 1) Meet with Borrower{s) and /or Borrower(s)' Agent(s) and/or Contractor(s) at the subject property address to inspect the physical property, identify areas in need of improvement, and determine overall suitability for FHA's 203(k) Rehabilitation Mortgage Program. A feasibility fee will be due and payable upon completion of these services. This fee will be fully credited toward the Total Consultant Fee (below) should Borrower(s) decide to continue the application process. This fee is non-contingent and non-refundable. If upon initial examination it is determined quickly that the needed repairs are unfeasible for the Borrower(s) and/or excessively expensive, the Consultant will NOT perform a full Home Inspection and no additional payment will be necessary. 2) With Borrower(s)' input, Consultant will list work items that: A) must be done according to the Program; B) would be recommended to be done at this time by the Consultant or others, and; C) are desired by Borrower(s). From this list, Consultant and Borrower(s) will jointly determine the scope of the work. 3) Produce appropriate documentation in a HUD accepted format, with Draw Request. It is understood that any architectural exhibits do not include certified architectural drawings. If such drawing becomes necessary, all extra costs will be the responsibility of the borrower. For performing the above services, Borrower(s) agrees to pay Consultant the total sum down below at the time of service (which includes the charge for item #1 above) which is based on HUD's recommended fee schedule. This amount may be reimbursed to the borrower at closing.

If additional testing services are necessary, these services will either be provided by the Consultant or qualified sub-contractors agreed to by both the Consultant and the Borrower; however, the charges for these testing services are in addition to the above Consultant fee. The Consultant will try to estimate all extra charges in advance (see below), and may schedule the additional testing for the borrower(s). The charges, however, will be the sole responsibility of the Borrower(s), and will be due and payable at the time of service. Additional Testing Services or Certifications that may be necessary and their estimated charges:

This agreement is entered on ____________________, between Catherine Hall (CONSULTANT) and

________________________________________(BUYER) regarding the subject property: Thomas Lytle 6559 Arcola Run RoadCollegeville PA 19426

Loan Originator:Lender: Sample Home Mortgage Loan Type: HUD 203(k)

Draw Fees $150.003 @ $175/ea


X __________________________________________If guaranteeing payment, Signature of Authorized Official of the Lender

X ___________________________________

X ___________________________________ Borrower:

Fees To Be Paid: $625.00

Lender's assurance of payment for balance due is ac ceptable with Signature (below).

Thomas LytleDate:______________

Date:______________

Date:______________

9/6/2013

Consultant: Catherine Hall ID No.: P0437


Homeowner/Contractor AgreementBorrower's Name(s):

Address:

Telephone Number:

FHA Case No.

Contractor's Name:

Address:

Phone Number:

License No.:

THIS AGREEMENT, made this date, __________________, between the above mentioned Homeowner (Owner) and Contractor, is for the rehabilitation of the property located at __________________________________________________ _______________________________________________that has been approved for FHA mortgage insurance under Section 203(k) of the National Housing Act. The Owner(s) shall pay the Contractor the sum of $_________________ for completion of the work, including all sales tax due by law, together with such increases or decreases in the contract price as may be approved in writing by the Lender. The work will begin within 30 days of loan closing with the Lender and will be completed by ______________________, unless delayed beyond the Contractor's control. The General Provisions listed below are made a part of this Agreement. The contract documents consist of the architectural exhibits listed in the Rehabilitation Loan Agreement between the Owner(s) and the Lender, or as described below (or on an attached sheet): 1. Contract Documents: This Agreement includes all general provisions, special provisions and architectural exhibits that were accepted by the lender. Work not covered by this agreement will not be required unless it is required by reasonable inference as being necessary to produce the intended result. By executing this Agreement, the contractor represents that he/she has visited the site and understands local conditions, including state and local building regulations and conditions under which the work is to be performed. 2. Owner: Unless otherwise provided for in the Agreement, the owner will secure and pay for necessary easements, exceptions from zoning requirements, or other actions which must precede the approval of a permit for this project. If owner fails to do so then the contract is void. If the contractor fails to correct defective work or persistently fails to carry out the work in accordance with the agreement or general provisions, the owner may order the contractor in writing to stop such work, or a part of the work, until the cause for the order has been eliminated. 3. Contractor: The contractor will supervise and direct the work and the work of all subcontractors. He/she will use the best skill and attention and will be solely responsible for all construction methods and materials and for coordinating all portions of the work. Unless otherwise specified in the Agreement, the contractor will provide for and/or pay for all labor, materials, equipment, tools, machinery, transportation, and other goods, facilities, and services necessary for the proper execution and completion of the work. The contractor will maintain order and discipline among employees and will not assign anyone unfit for the task. The contractor warrants to the owner that all materials and equipment incorporated are new and that all work will be of good quality and free of defects or faults. The contractor will pay all sales, use and other taxes related to the work and will secure and pay for building permits and/or other permits, fees, inspections and licenses necessary for the completion of the work unless otherwise specified in the Agreement. The contractor will indemnify and hold harmless the owner from and against all claim, damages, losses, expenses, legal fees or other costs arising or resulting from the contractors performance of the work or provisions of this section. The contractor will comply with all rules, regulations, laws, ordinances and orders of any public authority or HUD inspector bearing on the performance of the work. The contractor is responsible for, and indemnifies the Owner against, acts and omissions of employees, subcontractors and their employees, or others performing the work under this Agreement with the contractor. The contractor will provide shop drawings, samples, product data or other information provided for in this Agreement, where necessary. 4. Subcontractor: Selected by the contractor, except that the contractor will not employ any subcontractor to whom the owner may have a reasonable objection, nor will the contractor be required by the owner to employ any subcontractor to whom the contractor has a reasonable objection. 5. Work By Owner or Other Contractor: The owner reserves the right to perform work related to the project, but which is not a part of this Agreement, and to award separate contracts in connection with other portions of the project not detailed in this Agreement. All contractors and subcontractors will be afforded reasonable opportunity for the storage of materials and equipment by the owner and by each other. Any costs arising by defective or ill-timed work will be borne by the responsible party. 6. Binding Arbitration: Claims or disputes relating to the Agreement or General Provisions will be resolved by the Construction Industry Arbitration Rules of the American Arbitration Association (AAA) unless both parties mutually agree to other methods. The notice of the demand for arbitration must be filed in writing with the other party to this Agreement and with the AAA and must be made in a reasonable time after the dispute has arisen. The award rendered by the arbitrator(s) will be considered final and judgment may be entered upon it in accordance with applicable law in any court having jurisdiction thereof.

Signature Required on Page 2

#Error

Borrower's Initial: __________ Contractor's Initail: _________

Page 1

Homeowner/Contractor Agreement (Cont.)

Owner Signature(s) And Date




Contractor's Signature(s) And Date

7. Cleanup and Trash Removal: The contractor will keep the owner’s residence free from waste or rubbish resulting from the work. All waste, rubbish, tools, construction materials, and machinery will be removed promptly after completion of the work by the contractor. 8. Time: With respect to the scheduled completion of the work, time is of the essence. If the contractor is delayed at anytime in the progress of the work by change orders, fire, labor disputes, acts of God or other causes beyond the contractor's control, the completion schedule for the work or affected parts of the work may be extended by the same amount of time caused by the delay. The contractor must begin work no later than 30 days after loan dosing and will not cease work for more than 30 consecutive days. 9. Payments and Completion: Payments may be withheld because of. (1) defective work not remedied; (2) failure of contractor to make proper payments to subcontractors, workers, or suppliers; (3) persistent failure to carry out work in accordance with this Agreement or these general conditions, or (4) legal claims. Final payment will be due after complete release of any and all liens arising out of the contract or submission of receipts or other evidence of payment covering all subcontractors or suppliers who could file such a lien. The contractor agrees to indemnify the Owner against such liens and will refund all monies including costs and reasonable attorney's fees paid by the owner in discharging the liens. A 10 percent holdback is required by the lender to assure the work has been properly completed and there are no liens on the property. 10. Protection of Property and Persons: The contractor is responsible for initiating. maintaining, and supervising all necessary or required safety programs. The contractor must comply with all applicable laws, regulations, ordinances, orders or laws of federal, state, county or local governments. The contractor will indemnify the owner for all property loss or damage to the owner caused by his/ her employees or his/her direct or subtier subcontractors. 11. Insurance: The contractor will purchase and maintain such insurance necessary to protect from claims under workers compensation and from any damage to the owner(s) property resulting from the conduct of this contract. 12. Changes in the Contract: The owner may order changes, additions or modifications (using form HUD-92577) without invalidating the contract. Such changes must be in writing and signed by the owner and accepted by the lender. Not all change order requests may be accepted by the lender, therefore, the contractor proceeds at his/her own risk if work is completed without an accepted change order. 13. Correction of Deficiencies: The contractor must correct promptly any work of his/her own or his/her subcontractors found to be defective or not complying with the terms of the contract. 14. Warranty: The contractor will provide a one-year warranty on all labor and materials used in the rehabilitation of the property. This warranty must extend one year from the date of completion of the contract or longer if prescribed by law unless otherwise specified by other terms of this contract. Disputes will be resolved through the Construction Industry Arbitration Rules of the American Arbitration Association. I5. Termination: If the owner fails to make a payment under the terms of this Agreement, through no fault of the contractor, the contractor may, upon ten working days written notice to the owner, and if not satisfied, terminate this Agreement. The owner will be responsible for paying the contractor for all work completed. If the contractor fails or neglects to carry out the terms of the contract, the owner, after ten working days written notice to the contractor, may terminate this Agreement.

Page 2




Phone:


Certification LetterHUD 203(k)

I hereby certify that I have carefully inspected the following property at:

for compliance with the general acceptability requirements (including health and safety) in Handbook 4905.1 or its successors. I have reviewed the attached architectural exhibits and the estimated rehabilitation costs of this property, and have determined them to be acceptable. I have no personal interest, present or prospective, in the property, applicant, or proceeds of the mortgage. To the best of my knowledge I have reported all items requiring correction and that the rehabilitation proposal now meets all HUD requirements for 203(k) Rehabilitation Mortgage Insurance (Handbook 4240.4 or its successors}.


Thomas Lytle123 Dacis SrreetCollegeville PA 19426

(610) 555-1212

Date:Buyer's Name:

Address:

Phone Number:FHA Case Number:

9/6/2013

X _________________________________

ID Number: P0437HUD Consultant: Catherine Hall

Date: 9/6/2013