By Richard D. Ferris, Florida State Certified (FHA) Appraiser
I came across this at one of my inspections the other day for a recent foreclosure. The home wasn't SO bad...but the pool.....can you say "yiiiccckkk!!" ? What impact on value does a pool in this condition have for prospective buyers? Would the site of this turn off a buyer beyond the "how much to repair" question?! Mental images play a big part in purchases! Suggestion for the bank - pay the money to drain, clean and treat this sucker! You will reap HUGE payback in this market for a clean, blue pool as compared to ......."Yiiiicccckkkkk!!!"