Property Damage & Disaster Restoration Blog: Long Island & New York City

Got Mold? What Every New York Homeowner Needs to Know

Posted on Thu, Jun 02, 2011 @ 05:19 PM
mold,mold removal,mold abatement,mold remediation,long island,new york,indoor air quality,mold contaminationLong Island and the rest of New York and the Northeast was devastated from the recent flooding caused by torrential rain, wind, and storm damage. A majority of flooded basements across Long Island were caused by ground water due to over-saturation of the earth.  Insurance companies do not cover ground water under their policies. 

You have to have a separate Flood Insurance if you fall into the Flood Coverage Area.  And that only covers ground water damage to structures that are above grade.  Basements are not above grade so they would be excluded from those policies if they were flooded. 

That means there were many Long Island homeowners that had flooded basements that were not covered by their insurance policy.   

For some people this is too much.  There are a lot of people in hardship right now across Long Island due to the economic times we live in.  If they did not hire a professional restoration company or water damage cleanup company like Advanced Restoration Corporation, they had to extract / remove the water themselves or rely on friends and/or family to help them out.

Just because the water is removed, does not mean your job is over.  The wet porous building materials need to be removed, or dried along with the structural wood members so their moisture content levels are reduced to regional acceptable standards.  
And some people will just ignore the water in the basement or the leaky roof, thinking it will dry out on its own.  And technically, everything that gets wet will eventually dry, if it can.  And not every water intrusion causes severe mold contamination.  It all depends on the size of the area and the lenght of time the area has been wet without any attention.  

At this  point you should ask yourself this:
  • How long will it take?
  • Can the wet building materials dry out before mold contamination can occur (usually 48-72 hours in optimum conditions)?

If wet building materials are not addressed in a timely fashion then the problem magnifies exponentially over time until it becomes a much bigger and more expensive issue.

The issue of mold has always been an extremely hot topic in both the insurance and restoration industries. Over the past few years there has also been a great deal of media attention on the subject of mold remediation. Articles have appeared in major publications such as The Wall Street Journal as well as televised on popular shows such as 48 Hours, Primetime and even Oprah. In some cases, a homeowner is shown speaking to a reporter explaining how the mold has completely ruined their home and belongings to the point that the home had to be burned down by the local fire department because there was no other way of solving the contamination issues.

This type of media attention may help with ratings and sales of newspapers and magazines but it is certainly not realistic. It is important to understand that mold is ubiquitous and the goal of remediation is to bring the indoor air quality to an acceptable level.  Should moisture be introduced into the indoor environment, mold growth will likely occur.  In nearly every case of fungal contamination, a home and many of its contents can be cleaned of mold growth. What is never mentioned is how this can be achieved. We can recommend and apply several proven techniques such as "HEPA sandwich" cleaning or baking soda blasting. Because the media is not educated in the field nor do they fully understand, the public is often misled and does not understand the very real dangers of fungal contamination.

Another way to look at the current mold situation is to compare it to the asbestos issues we encountered in the 1970's and 1980's. The media was undoubtedly responsible for magnifying the fears of the public. As the demand for abatement quickly increased many companies rushed to capitalize on the situation without being experienced or formally educated. This in turn leads to bad advice and overreaction. If mold remediation contractors are able to accurately educate and communicate with homeowners and insurance companies these issues could be resolved without unnecessary expense and anguish.

Mold contamination and mold remediation may not be as bad as the sensationalized media makes it out to be. Although there is definitely some health risks associated with mold exposure, in particular Stachybotrys or black mold, it is important that it is dealt with appropriately. Regardless of the level of contamination to your residential, commercial, or industrial building on Long Island and New York City, you can rest assured that we posses the technology, education and ability to successfully complete your project in the most efficient and cost-effective way. Please do not hesitate in calling us for information or guidance on any of your mold related projects. We are here to help in any way possible. We are members of the Indoor Air Quality Association and hold our certifications through the IICRC and RIA.

Please do not hesitate to Contact Us for any assistance or guidance if you have or even think you have a mold issue in the Long Island and New York City areas.  We would be more than happy to speak with you.


Tags: mold abatement, long island, mold, new york, mold remediation, new york city, mold removal, indoor air quality, flooded basements, wet building material, mold contamination

Property Damage: Long Island After the Storms of March, 2010

Posted on Sun, Apr 11, 2010 @ 04:04 PM

Long Island, New York City and the rest of New York and the Northeast was devastated from the recent flooding caused by torrential rain, wind, and storm damage.  A majority of flooded basements across Long Island were caused by ground water due to over-saturation of the earth.  Insurance companies do not cover groundwater under their policies. 

You need to have a separate Flood Insurance if you fall into the Flood Coverage Area.  And that only covers property damage to structures that are above grade.  Basements are not above grade so they would be excluded from those policies. 

That means there were many homeowners throughout Long Island and New York City that had flooded basements that were not covered by their insurance policy.   

For some people this is too much.  There are a lot of people in hardship right now across Long Island due to the economic times we live in.  If they did not hire a professional restoration company or water damage cleanup company like Advanced Restoration Corporation, a DKI Member Company, they had to extract / remove the water themselves or rely on friends and/or family to help them out.

But just because the water is removed or extracted, that does not mean the job is over.  The wet porous building materials need to be removed, or dried along with the structural wood members and concrete so their moisture content levels are reduced to regional acceptable standards.  

And some people will just ignore the water in the basement or the leaky roof, thinking it will dry out on its own.  And technically, everything that gets wet will eventually dry, if it can.  And not every water intrusion causes severe mold contamination.  It all depends on the size of the area and the lenght of time the area has been wet without receiving any attention.

At this  point you should ask yourself this:

How long will it take?  Can the wet building materials dry out before mold contamination can occur (usually 48-72 hours in optimum conditions)? 

If wet building materials are not addressed in a timely fashion then the problem magnifies exponentially over time until it becomes a much bigger and more expensive issue. 

Please do not hesitate to Contact Us for any assistance or guidance if you have or even think you have a mold issue in the Long Island and New York City areas.  We would be more than happy to speak with you.


 

 

 

 

 

 

 

Mold Removal / Mold Remediation Services Long Island & New York City

by

Advanced Restoration Corporation

a DKI Member Company

 
 
 
Long Island Building Demolition
 
by
 
Advanced Restoration Corporation
 
a DKI Member Company

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"A Brief Guide to Mold, Moisture, and Your Home"

Posted on Wed, Mar 31, 2010 @ 10:00 AM

The recent storms that hit the Northeast have caused major flooding and property damage to homes and businesses. The aftermath of the storms have property owners dealing with mold and moisture issues. 

Mold Basics...

The key to mold control is moisture control.
If mold is a problem is in your home, you should clean up the mold promptly and fix the water problem. It is important to dry water-damaged areas within 24-48 hours to prevent mold growth. 

  

Why is mold growing in my home?

Molds are part of the natural environment.  Outdoors, molds play a part in nature by breaking down dead organic matter such as fallen leaves and dead trees, but indoors, mold growth should be avoided.  Molds reproduce by means of tiny spores; the spores are invisible to the naked eye and float through outdoor and indoor air.  Mold may begin growing indoors when mold spores land on surfaces that are wet.  There are many types of mold, and none of them will grow without water or moisture.

Can mold cause health problems?

Molds are usually not a problem indoors, unless mold spores land on a wet or damp spot and begin growing.  Molds have the potential to cause health problems. Molds produce allergens (substances that can cause allergic reactions), irritants, and in some cases, potentially toxic substances (mycotoxins).  Inhaling or touching mold or mold spores may cause allergic reactions in sensitive individuals.  Allergic responses include hay fever-type symptoms, such as sneezing, runny nose, red eyes, and skin rash (dermatitis). Allergic reactions to mold are common.  They can be immediate or delayed.  Molds can also cause asthma attacks in people with asthma who are allergic to mold. In addition, mold exposure can irritate the eyes, skin, nose, throat, and lungs of both mold-allergic and non-allergic people.  Symptoms other than the allergic and irritant types are not commonly reported as a result of inhaling mold.  Research on mold and health effects is ongoing.  This brochure provides a brief overview; it does not describe all potential health effects related to mold exposure. For more detailed information consult a health professional.  You may also wish to consult your state or local health department.

How do I get rid of mold?

It is impossible to get rid of all mold and mold spores indoors; some mold spores will be found floating through the air and in house dust.  The mold spores will not grow if moisture is not present.  Indoor mold growth can and should be prevented or controlled by controlling moisture indoors.  If there is mold growth in your home, you must clean up the mold and fix the water problem.  If you clean up the mold, but don't fix the water problem, then, most likely, the mold problem will come back.

 

Mold Tips: 

Fix plumbing leaks and other water problems as soon as possible.  Dry all items completely.

Scrub mold off hard surfaces with detergent and water, and dry completely.

Absorbent or porous materials, such as ceiling tiles and carpet, may have to be thrown away if they become moldy.  Mold can grow on or fill in the empty spaces and crevices of porous materials, so the mold may be difficult or impossible to remove completely.

Avoid exposing yourself or others to mold.

Do not paint or caulk moldy surfaces.  Clean up the mold and dry the surfaces before painting.  Paint applied over moldy surfaces is likely to peel.

If you are unsure about how to clean an item, or if the item is expensive or of sentimental value, you may wish to consult a specialist.  Specialists in furniture repair, restoration, painting, art restoration and conservation, carpet and rug cleaning, water damage, and fire or water restoration are commonly listed in phone books.  Be sure to ask for and check references.  Look for specialists who are affiliated with professional organizations. For more information on mold, visit the EPA website.

Source: Environmental Protection Agency

 

 

Tags: disaster, water extraction long island, ny water damage company, structural drying, flooding, flood long island, mold, groundwater, black mold, advanced restoration, advanced restoration corporation, mold remediation, homeowner tips, flood damage, flood, storm damage, catastrophe, nor'easter

What To Do After a Loss

Posted on Thu, Mar 18, 2010 @ 08:32 AM

Heavy rains and winds pummeled the New York Metro area this past weekend, causing major damage to many homes and businesses. If you experienced property damage, you need to know what to do after a loss. 

If you suffer a loss, the first thing to do is to notify your insurance company or its agent. You can do this by telephone, although it is a good idea to follow up with written notification. Remember, if you give the notice to your broker, rather than directly to the insurance company, you still have a responsibility to make sure that the insurance company receives notice of your claim.

It is also important to notify your insurance company promptly after any incident takes place that might result in a claim at some later date, even though no claim was made at the time the event occurred.

For example, if your dog bites a neighbor or a guest falls on your property, it should be reported to the insurance company even though you don't know whether any claim is actually going to be made against you. Your failure to notify the company promptly might allow it to deny coverage in the event a claim if filed against you at a later date.

It is also important to protect your property against further damages. For example, if the windows are broken, have them boarded up to protect against further vandalism or burglary. The cost of this type of protection is covered by, and would be reimbursed by your insurance company.

However, no permanent repairs should be made until your company or its representative has inspected the property. The company has the right to inspect the property in its damaged state, and can refuse to pay you for any damage that is repaired before inspection.

An adjuster will be sent from your insurance company to examine the damage and give you an estimate of the cost of repairs or replacement. You should also get an estimate from your own contractor to compare with the insurance company's estimate. Your contractor will probably charge a fee for this service but might credit that fee to your bill if you hire that contractor to repair and/or replace your property.

If you need assistance, your agent, broker or insurance company sales representative should help you fill out the claim form and help gather the materials you need to substantiate your loss.

In the event you are unfortunate enough to experience a major loss such as a fire or severe windstorm which has badly damaged or destroyed your home, and you are not in a position to negotiate a settlement with your company, you may want to consult an attorney or call a licensed public adjuster to act on your behalf with your insurance company.

Public adjusters are licensed by the Insurance Department. They represent you and not the insurance company. They will help you in taking inventory of your loss, securing your home from vandalism, contacting your insurance company, advising you on the extent of your coverage and help you secure the services needed to repair or rebuild you home. They will negotiate on your behalf with the adjuster from the insurance company.

A public adjuster may not charge a fee more than 12.5% of the recovery amount and must get a signed compensation agreement from you in which the amount of compensation is clearly stated. Such agreement may be cancelled up to midnight of the third business day after the date on which you have signed the compensation agreement. In addition, public adjusters may not solicit your business between the hours of 6 p.m. and 8 a.m.

Another alternative to consider when an agreement cannot be reached between you and your insurance company is the appraisal process. Every homeowner, tenant, cooperative apartment and condominium policy issued in New York contains a provision whereby you and your company select a competent and disinterested appraiser. The two appraisers, in turn, select an umpire. Each appraiser must evaluate the loss and determine the value of each item. Any disagreements between the appraisers regarding the value of any items are submitted to, and settled by the umpire. The costs of this process are paid by the policyholder and the insurance company.

Source:  NY State Insurance Department

Tags: disaster, wind damage, emergency response, water extraction long island, property damage, ny water damage company, water damage, nassau county restoration, flood long island, mold, advanced restoration, long island water damage, flood damage, flood, home repair, moisture, storm damage, catastrophe, water removal long island

Basement Flooding/Heavy Rains in NY

Posted on Fri, Sep 11, 2009 @ 05:25 PM

Source: Institute for Business & Home Safety

Heavy rains are pounding Long Island today, which will cause flooding throughout Nassau and Suffolk counties.

Basement flooding can be a problem in some homes, and there are steps to take to minimize potential damage. But since a flooded basement can result from a number of things, there is no single method for prevention. The most important things are to determine:


1) When is the basement flooding?

Does the basement flood every year at approximately the same time?
Does the basement flood during random intervals?

2) Where is the basement flooding?

If water is entering near the top of the wall in one location:

  • An improperly sloped landscape angled toward the house could be the cause.
  • Extend and re-direct the downspouts.
  • Reshape the landscaping around the foundation of the home.

Inspect the location where water is entering:
Caulk any cracks on the interior.

If the entire wall is damp or water is entering through multiple wall surfaces, this may be a sign of a faulty or missing water proofing membrane.

Remove soil around the foundation.

Hire a licensed contractor to install a waterproofing membrane.

Consider applying an internal sealant that can be painted on interior surface of basement walls:

This is not an option for finished basement walls.

These products require constant maintenance or they will stop working.
If the water appears to be entering the home near the foundation or through a floor drain:

French Drainage

One solution is to install a “French Drainage” system around the perimeter of the home or at least in areas subject to frequent flooding.

  • Remove the soil around the perimeter of the home.
  • Waterproof the foundation wall with a waterproofing membrane.
  • Install a French Drain at the base of the foundation:
  • Ensure that the drain has a method for diverting the water.
  • The drain should empty into the primary storm drainage system, a retention pond or other source.
  • Backfill the area with gravel to provide adequate drainage.
  • Install a sump pump with a battery backup:
  • This requires demolition of a portion of the basement floor.

To be effective, the sump pump needs to be hooked up to a drainage system, usually installed around the perimeter of the basement foundation, or at least in areas subject to repeated flooding.
Because this is installed at the perimeter of the foundation, the flooring in this area will also face demolition to install the drainage system.

Sump pumps should be tested at least once a year, preferably in the early spring.

Test the system if a storm is approaching.
Make sure the sump pit does not contain any debris that will clog the sump’s inlet pipe.

Pour water into the sump pit until the sump turns on (about 5 gallons of water). If the sump does not turn on contact a professional to diagnose the problem.


Advanced Restoration Corporation is a family-owned and operated full-service property damage restoration company with a combined 75 years experience in dealing with Fire Damage Restoration, Water Damage Restoration, Flood & Storm Damage, Mold Remediation, Smoke Damage Restoration and Reconstruction. We service Long Island (Nassau County, NY; Suffolk County, NY) and the New York Metro area.

When disasters strike, Advanced Restoration is ready to respond 24 hours a day, 7 days a week. You are guaranteed to speak with one of our knowledgeable, caring team members, day or night. Our immediate response to a claim/property loss helps minimize the damages to the structure, contents, and ease the sometime catastrophic effect that a disaster may have on an owner or occupants. Please call us with any questions at (800)693-6263.

Tags: disaster, floods, water damage, water damage restoration, mold, groundwater, advanced restoration, restoration, water extraction, restoration company, flood damage, moisture, water leaks, mildew

Disaster Kleenup International Is Hurricane Ready!

Posted on Thu, Aug 20, 2009 @ 09:42 AM

Disaster Kleenup International, North America's largest disaster restoration contracting organization is fully prepared to assist in hurricane preparation and disaster planning for the possible U.S. landfall of Hurricane Bill. Bill became the first hurricane of the season on Monday morning.

To aid with storm preparation, DKI has created an informational website, www.hurricanecatastrophe.com.

The site, created in the wake of previous major hurricanes, offers numerous tips for property owners and managers on how to prepare weeks and months before a storm hits, what to do when a storm is identified as being on a path to potentially affect one's property, and how to protect one's own personal safety. The website also assists property owners and managers in taking inventory of their situation after the storm has left, and identifies sources of appropriate relief.

Additionally, there are helpful links to aid agencies and other resources, such as FEMA, the American Red Cross, and DKI, that can deliver necessary aid. In addition to the information on the website, DKI also has a 24-hour call center available to assist property owners who require emergency services. DKI's national catastrophe response unit maintains the industry's largest inventory of emergency services equipment and the largest labor pool in the U.S.

For those seeking to prepare before a storm, DKI also works collaboratively with property owners and managers to develop pre-disaster plans to further mitigate the costs of future catastrophes. For more information on DKI, visit www.hurricanecatastrophe.com, or contact our national account team at: 1.877.354.3566. To request emergency services in the wake of a disaster, call the DKI's Immediate Response Line 24 hours a day, 365 days a year at 1.888.735.0800. For a DKI member company in the New York Metro area, call Advanced Restoration Corporation at (800) 693-6263.

Advanced Restoration Corporation is located on Long Island. They are a full-service property damage restoration company with a combined 75 years experience in dealing with Fire Damage Restoration, Water Damage Restoration, Flood & Storm Damage, Mold Remediation, Smoke Damage Restoration and Reconstruction. Their service area includes Long Island (Nassau County, NY; Suffolk County, NY) and the New York Metro area.

When disasters strike, Advanced Restoration is ready to respond 24 hours a day, 7 days a week. Their immediate response to a claim/property loss helps minimize the damages to the structure, contents, and ease the sometime catastrophic effect that a disaster may have on an owner or occupants.

 

Advanced Restoration is a preferred service provider for
insurance companies and real estate professionals.

For Emergency Service, call (800) 693-6263.

Tags: disaster, fire restoration, water damage, structural drying, mold, advanced restoration, reconstruction, restoration, water extraction, emergency service, flood damage, home repair

Advanced Restoration: Water Problem Solvers

Posted on Wed, Aug 05, 2009 @ 10:33 AM

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Advanced Restoration Corporation is a full service property damage restoration company located in New York (Long Island). Recently, our company was hired by a client that was referred to us via an insurance agent to resolve a perplexing water damage situation.

The Problem?
Our client's basement was recently flooded after very heavy rains hit Long Island. The customer had previously asked numerous restoration/plumbers/water proofing companies to come and locate the source of the water (which may be an issue with insurance coverage). None of the companies contacted by the client were able to find where the water intrusion was coming from. Advanced Restoration subsequently received a call from the agent/client asking for help.

The Solution
Advanced Restoration's Eric Martin immediately responded with two Senior Structural Estimators to the site to review the situation and find the source of the water intrusion. After a comprehensive assessment of the situation, they located the water source in 20 minutes!
Advanced Restoration staff determined there was a broken pipe in a sewer drain, in the parking lot, which caused water to enter through the chimney and into their basement storage area. By finding the source, Advanced Restoration proved that it was not "seepage" and the insurance company now had to cover the damages to the basement/property structure. Our client was extremely satisfied with our services, as well as the insurance agent for our experience, professionalism and expertise.

As a full service restoration company, Advanced Restoration is ready to respond to all aspects of a disaster situation, including fire and smoke damage, water/flood damage, mold and structural damage. For more information, call (800) 693-6263, or visit us on the web at
http://www.advancedrestoration.com/.

Help Us Help You!

Tags: disaster, property damage, water damage restoration, flooding, mold, advanced restoration, long island water damage, restoration, water extraction, emergency service, flood damage, flood, moisture

Drowning in Water Damage?

Posted on Mon, Jul 27, 2009 @ 11:49 AM

Another wet weekend in New York and water is seeping into your basement! Heavy rain is just one way you may get wet when you least expect it.

Water damage arises from fire damage, broken pipes, blocked drains, malfunctioning appliances, storms and other causes. The appropriate treatment on the nature of the damage. Some water carries contaminents and should be considered hazardous.

Whatever the origin, the prospects for restoration depend largely on the speed with which your building/home and personal property can be dried. Even clean water can generate mildew and other bacterial growth if neglected.

Some "to do" tips to help you after water damage occurs:

  • Ensure you ventilate wet areas. Turn on air conditioning for accelerated drying in summer (if there is no visible mold)); in winter, alternate cycles of opened windows and heating.
  • Remove standing water from flat surfaces by sponging and blotting.
  • Take up saturated rugs and carpets when hardwood floors are at risk.
  • Stay out of rooms where ceilings are sagging from retained water.
  • Remove lamps, telephones and decorative items from wet furniture tops.
  • Open drawers and cabinet doors for interior drying, but do not force stuck drawers or doors.
  • Place aluminum foil squares, china saucers or wood blocks under furniture legs to avoid carpet staining.
  • As soon as possible, call a professional water damage specialist for emergency drying.

Do Not...

  • Operate televisions, vacuums, computers or other electrical appliances while standing on wet carpet or floors, especially wet concrete floors. Serious injury may result.
  • Use heat to dry closed building interiors, mildew and expanded moisture may result.
  • Leave wet fabrics in place; space them apart and dry as soon as possible.

24/7 Emergency Service
Advanced Restoration staff is On-Call 24 hours a day, 7 days a week to respond to your water damage/flood situation. We understand that the sudden intrusion of water is not something that anyone can be totally prepared for. You will always talk to one of our knowledgeable, caring team members, day or night. If we are unable to assist you, we will offer you our best professional advice. At Advanced Restoration, we pride ourselves on immediate response to all types of water damage situations.

Advanced Restoration Corporation is a family-owned and operated full-service property damage restoration company with a combined 75 years experience in dealing with Fire Damage Restoration, Water Damage Restoration, Flood & Storm Damage, Mold Remediation, Smoke Damage Restoration and Reconstruction. We service Long Island (Nassau County, NY; Suffolk County, NY) and the New York Metro area.

When disasters strike, Advanced Restoration is ready to respond 24 hours a day, 7 days a week. You are guaranteed to speak with one of our knowledgeable, caring team members, day or night. Our immediate response to a claim/property loss helps minimize the damages to the structure, contents, and ease the sometime catastrophic effect that a disaster may have on an owner or occupants.

Tags: disaster, property damage, ny water damage company, water damage, flooding, mold, advanced restoration, long island water damage, restoration company, flood damage, home repair, moisture, mildew

203(k) Re-hab/Restoration Loans- What Can You Do?

Posted on Wed, Apr 22, 2009 @ 01:45 PM

Pursuing an FHA 203(k) loan enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home.

The extent of the rehabilitation covered by a 203(k) may range from relatively minor (minimum of $5000 in cost) to virtual reconstruction: a home that has been demolished or will be restored as part of rehabilitation is eligible.
Section 203(k) insured loans can finance the rehabilitation of the residential portion of a property that also has non-residential uses; they can also cover the conversion of a property of any size to a one-to-four unit structure.

The types of improvements that borrowers may make using Section 203(k) financing include:

  • Structural alterations and reconstruction
  • Modernization and improvements to the home's function
  • Elimination of health and safety hazards
  • Changes that improve appearance and eliminate obsolescence
  • Reconditioning or replacing plumbing; installing a well and/or septic system
  • Adding or replacing roofing, gutters, and downspouts
  • Adding or replacing floors and/or floor treatments
  • Major landscape work and site improvements
  • Enhancing accessibility for a disabled person
  • Making energy conservation improvements

Advanced Restoration Corporation is located in New York and is a general contractor/ restoration company that specializes in the rehabilitation of homes in disrepair. We are affiliated with various mortgage companies and have experience with contractor requirements associated with a 203 (k) loan.
For more information on partnering with an experienced company ready to rebuild your dream house, contact Gary Matzelle at (516)903-4107. Service area includes: Nassau County, Suffolk County, Queens, Manhattan, Staten Island, Brooklyn and The Bronx.

Tags: disaster, 203(k) loan, fire restoration, water damage restoration, mold, smoke damage, advanced restoration, advanced restoration corporation, reconstruction, disrepair, rebuild, water leaks, weather

Streamlined 203 (k) Loan: Repairs/Foreclosure

Posted on Wed, Mar 11, 2009 @ 05:13 PM

Foreclosures continue to dominate the real estate market and as a result, many homes are left in disrepair. If you are contemplating the purchase of a foreclosure requiring minor repairs, you may want to consider a "Streamlined" 203(k) loan.

The Streamlined (k) Limited Repair Program was developed to augment FHA’s existing Section 203(k) rehabilitation program for less extensive repairs and improvement.


What improvements are eligible under the Streamlined 203 (k) program?
The Streamlined (k) program is intended to facilitate uncomplicated rehabilitation and/or improvements to a home for which plans, consultants, engineers and/or architects are not required.

The Streamlined (k) program includes the discretionary improvements and/or repairs shown below:

  • Repair/Replacement of roofs, gutters and downspouts
  • Repair/Replacement/upgrade of existing HVAC systems
  • Repair/Replacement/upgrade of plumbing and electrical systems
  • Repair/Replacement of flooring
  • Minor remodeling, such as kitchens, which does not involve structural repairs
  • Painting, both exterior and interior
  • Weatherization, including storm windows and doors, insulation, weather stripping, etc.
  • Purchase and installation of appliances, including free-standing ranges, refrigerators, washers/dryers, dishwashers and microwave ovens
  • Accessibility improvements for persons with disabilities
  • Lead-based paint stabilization or abatement of lead-based paint hazards
  • Repair/replace/add exterior decks, patios, porches
  • Basement finishing and remodeling, which does not involve structural repairs
  • Basement waterproofing
  • Window and door replacements and exterior wall re-siding
  • Septic system and/or well repair or replacement

What are the minimum and maximum amounts for repair costs under this program?
Given the need for homeowners to make minor repairs without exhausting personal savings, and in consideration of the increasing cost of materials, the minimum repair cost of $5,000 is eliminated and the ceiling is now raised to $35,000. This revised maximum repair/rehabilitation amount recognizes the cost of making older homes more energy efficient. When the repairs exceed $15,000, the mortgagee must perform or obtain an inspection to determine that all listed repairs were completed.

Can this program be used for repairs and improvements on purchases of HUD Homes?
Like the regular Section 203(k) program, Streamlined (k) may be used for single-family housing sold by HUD. REO properties that have been designated by FHA’s Management and Marketing contractor (M&M) as “insurable” with repair escrow ($5,000 or less in required repairs) or “uninsurable” (with more than $5,000 but no more than $35,000 in required repairs) are eligible for the Streamlined (k) program provided that the repairs qualify as eligible work items as outlined.

Advanced Restoration is a full service property damage restoration company that specializes in the rehabilitation & restoration of homes and businesses. The company is family-owned and operated with a combined 75 years experience in dealing with Fire Damage Restoration, Water Damage Restoration, Flood & Storm Damage, Mold Remediation, Smoke Damage Restoration and Reconstruction. We service Long Island (Nassau County, NY; Suffolk County, NY) and the New York Metro area.

For more information on how Advanced Restoration can partner with you, please contact Gary Matzelle at (516) 903-4107, or send an email to [email protected].
Please visit our Website: http://www.advancedrestoration.com/

Tags: disaster, foreclosure, 203(k) loan, fire restoration, water damage, mold, mortgage, advanced restoration corporation, reconstruction, disrepair, flood damage, home repair

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