This week, I've been working on mold remediation methods and using Aquarius Home Cleaning Products to reduce mold. I've found that the home valuations have sunk from $250 USD/sq.ft. to around $50 USD/sq.ft. The homes have various problems. Some have become drug houses, squatters come and sleep-in, human feces is painted on the walls and still others have cement poured down the drains. Here is what we found in this home:
1. Mold 2. Rodents/Insects (cockroaches) 3. Piles of dog and in some cases human feces 4. kitchen faucet and fixtures are missing 5. microwave and the insulation behind it is gone!!
During my role of developing the cleanout method and working with Nash/Kay-Marie, I really got a chance to see that the American Dreamwas in dire trouble. People could not even make enough to cover their food let alone housing. This was Las Vegas and both Citibank/Bank of America asset managers were sitting on foreclosed properties and mistreating them like numbers rather than spending time to understand the situation or the neighborhood and that real people's lives were displaced. They figured the US gov't would bail them out or they would just dump the properties.
I've enclosed a day of assessment work on a $400,000-450,000 USD home that has been busted and now worth only about $50,000-80,000 USD.
