Property Grade Structure Types

F Grade – Structure is in Very poor condition in need of complete reconstruction or Tear down, House is also needs to be completely gutted to bear studs. Reconstruction costs maybe more than the value of the property (Usually Fire damaged, Heavy black mold, Termite damage, damaged house structuring or etc.), House may have been uninhabited for 3-5 years

Repair costs -$30k $50k+

D Grade-Structure is in poor condition reconstruction is needed to completely restore house to be habitable and up to code, House also needs to be completely gutted to bear studs, Reconstruction costs can exceed more than the value of the property (Usually Fire damaged, Heavy black mold, Termite damage, damaged house structuring or etc.), House may have been uninhabited for 1-3 years

 Repair costs -$20k $30k+

C Grade- Structure is in Fair condition house may need major or minor rehabbing to restore house to be habitable and up to code, a major cleanout may be needed before rehabbing. The median costs for rehab should net a decent profit for investor or equity for buyer, (Typically may need New Drywall, Kitchen, bathroom, Flooring, Fixtures, Painting, Appliances and may need rehab on Exterior ie. Roof, Siding, Masonry, and Tuck pointing for Brick structures) House may have been uninhabited for 0.9-1 years

 Repair costs -$10k $20k+

B Grade- Structure is in decent condition minor rehabbing may be needed to get property habitable and up to code, No major defects might need some cleanout. Depending on what the investment costs and location of property this type of property maybe the best deal for all parties involved due to condition of property and the comps in the area. (Typically may need Painting, Flooring, Fixtures, Appliances and may need minor rehab on Exterior ie. Roof, Siding, Masonry, and Tuck pointing for Brick structures) House may have been uninhabited for 6-9 Months

 Repair costs -$10k $5k+

A Grade- Structure is in good condition minor cleaning may be needed No major defects might need some cleanout. The investment costs are typically higher depending on the location of property, this type of property maybe the best deal for all parties involved due to condition of property and the comps in the area. (Typically may need Painting, Flooring, Fixtures, Appliances) House may have been uninhabited for 0-6 Months

Repair costs -$0k $5k+