Thanks to Jim Hochradel
Baltimore Village Council member JIm Hochradel was quoted in the minutes of the February 11, 2013, council meeting “…worried persons that might want to live there....and maintaining the property might be a hardship.” That fear may be justified.
I have worked with a property preservation company since 2004. Over the last five years, all that I did was do damage assessment reports on foreclosed dwellings. A report was created to list all of the damages inside/outside the dwelling, on a “room by room” and “procedure by procedure” basis. This is basically the same as what an insurance adjustor would create after a property loss. During the five year period, I produced 4,839 of these reports. The report addressed damages due to fire, theft, vandals, wear and tear, and water and mold damages. Over the last year, some changes have been adopted that most people do not know.
In order to treat mold damages “properly,” drywall would be removed to treat mold on floor joists, wall studs, etc. with bleach or other antimicrobial, encapsulate with “Kilz”, install insulation where required and then install, tape, finish and paint newly installed drywall. On some properties, that is no longer the accepted procedure.
The Federal National Mortgage Association, also known as “Fannie Mae, ” is one of the largest holders of government backed mortgages and foreclosed properties. Their procedure has been changed, apparently to save money, but they no longer pay to remove drywall. They will allow treatment with bleach or antimicrobial, and an application of “Kilz”.
Although I am not classified as an expert, when you find “surface mold” on drywall, the probabilities are very high that the mold has totally penetrated the sheet of drywall. I have inspected properties where the new procedure had been completed and the drywall looked white. But if you were able to see behind the drywall, you would see black mold on the wall studs and back side of drywall. But this is presently how Fanny Mae “fixes” mold damage.
If they do this with mold, what else will they ignore ?.
How many “low income” families can afford $ 400 to $ 600 lease payments ?. How many more free school lunches will be created ? How much tax revenue will be generated for our village, school system or county ?
In my opinion, this is not progress, but just the opposite…more taxes spent at the expense of taxpayers. The proposed low income housing projects were wrong for Buckeye Lake and Baltimore. Buckeye Lake had the fortitude to say “NO” up front.
Thanks to council member Jim Hochradel, Baltimore has “dodged the bullet” at this time, but in the same article Village Administrator Brown appears to be softening his attitude.
If you are going to allow building, build tax generating properties, not “tax subsidized” properties. If the developer does not want to do that, tell them politely that they can always sell their land to someone who will build tax generating properties.
Charles R. Lamb