VCC 2026-4 ABS-15G

 

Exhibit 99.03

 

 

 

VCC Limited Appraisal Report

 

AMC Loan ID Customer Loan ID EDGAR Loan ID  Servicer Loan ID Investor Loan Number Street City State Zip Valuation Status Property Condition Are there any apparent environmental, health and/or safety problems notated by appraiser or visible on photos? Is there property damage? Does the valuation reference an Unpermitted Addition? Comments
XXXX XXXX VCC2026-4_100723     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100724     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100725     XXXX XXXX XXXX XXXX Provided C4 Yes No No Appraisal photo reflects mold like substance exists on front porch, both levels.  In house review indicates Unit 1 has patching on the walls and kitchen ceiling, no flooring in kitchen or bathroom, Unit 2 kitchen flooring appears worn, basement has significant debris on floor, and exterior of porch and balcony is noted to have a potential mold like substance.  PTD for mold certification/inspection.  Unit 2 has not kitchen appliances.  No cost to cure provided.
XXXX XXXX VCC2026-4_100726     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100727     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100728     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100729     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100730     XXXX XXXX XXXX XXXX Provided C3 Yes No No Appraisal completed subject to installation of missing furnace and hot water tank, cost to cure $3,500.  Appraiser also notes there is a missing bedroom door.  Missing 442.
XXXX XXXX VCC2026-4_100731     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100087     XXXX XXXX XXXX XXXX Provided C4 Yes No No In house review notes basement has some dampness after heavy rains.  This should be remediated.  No cost to cure provided.
XXXX XXXX VCC2026-4_100120     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100126     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100158     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100172     XXXX XXXX XXXX XXXX Provided Average Yes Yes No Water damage on bathroom floor,  shower surround pulling off wall, Unit 3 missing permanent heat source, missing electrical box cover,  needs drywall work finished and painted, missing bathroom trim, and missing water heater Signed 120 days Holdback for $5,000 to install permanent heat source provided and amount reflected on HUD.
XXXX XXXX VCC2026-4_100258     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100269     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100283     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100285     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100321     XXXX XXXX XXXX XXXX Provided C2 No No No  
XXXX XXXX VCC2026-4_100396     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100414     XXXX XXXX XXXX XXXX Provided C3 Yes No No In house review indicates subject crawl space is exposed the entire perimeter-wildlife/insects may nest under subject and create issues.  90 day signed holdback agreement provided for $5,000 to install crawl space skirting enclosure, framing/fastening materials, construction of access opening/door, clean up/removal of construction debris provided with amount reflect on HUD.
XXXX XXXX VCC2026-4_100420     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100422     XXXX XXXX XXXX XXXX Provided Fair Yes Yes No Property in fair condition.  Photos reveal ceiling damage in multiple areas and missing flooring in multiple areas.  Estimated cost to cure $20,000.  Signed 365 day hold back agreement for $20,000 provided and reflected on closing statement.
XXXX XXXX VCC2026-4_100424     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100441     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100446     XXXX XXXX XXXX XXXX Provided C2 No No No  
XXXX XXXX VCC2026-4_100482     XXXX XXXX XXXX XXXX Provided C4 Yes No Yes Appraisal shows property is being used as RV storage and SFR.  No evidence property has been zoned or permitted to be used for RV storage.  Loan is categorized as Investor 1-4 when it is actually a mixed use commercial property.  Also, the home has an addition without permits.  Cost to cure not provided.
XXXX XXXX VCC2026-4_100500     XXXX XXXX XXXX XXXX Provided C2 No No No  
XXXX XXXX VCC2026-4_100507     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100520     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100530     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100065     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100082     XXXX XXXX XXXX XXXX Provided Fair No No No Property condition fair.  Appraisal identifies the subject as below average without identifying specific problems or further elaboration.
XXXX XXXX VCC2026-4_100084     XXXX XXXX XXXX XXXX Provided Average Yes Yes No Appraisal photos reflect south west portion of the property with deferred maintenance and deteriorated pavement.  New Sewer Line installed, needs paving to be completed, currently a hole with some debris in it.  Client comment:  The borrower reported that the new public sewer line was installed at a total cost of $25,000. The cost of the deferred maintenance for the pavement was calculated to be $1,500.
XXXX XXXX VCC2026-4_100124     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100134     XXXX XXXX XXXX XXXX Provided Average No Yes No Appraisal photos reflect deteriorated/damaged flooring.  No cost to cure provided.
XXXX XXXX VCC2026-4_100168     XXXX XXXX XXXX XXXX Provided Good No No Yes The subject property contains a commercial unit and two apartment units.  The subject is zoned CMX-1, a zoning which relies on adjacent zoning to determine legal number of dwelling units.  It appears that only one dwelling unit is permitted by right.
XXXX XXXX VCC2026-4_100169     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100180     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100182     XXXX XXXX XXXX XXXX Provided Average Yes No No Appraisal shows missing kitchen appliances and bedroom flooring in a vacant unit. No costs to cure provided.
XXXX XXXX VCC2026-4_100334     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100390     XXXX XXXX XXXX XXXX Provided Average Yes Yes No Appraisal photos show a residential unit being renovated and missing kitchen appliances, flooring, damaged cabinets, and building material/tools laying around.  Appraisal indicates owner was using residential unit as storage.  No cost to cure provided.
XXXX XXXX VCC2026-4_100393     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100398     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100399     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100406     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100412     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100413     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100419     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100428     XXXX XXXX XXXX XXXX Provided Good Yes Yes No Appraisal reflects the 2nd floor in need of renovation repair.  Appraisal photos reflect unfinished walls, ceilings and flooring (gutted with framing only).  No cost for renovations provided due to the cost exceeding the value upon completion.
XXXX XXXX VCC2026-4_100436     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100448     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100449     XXXX XXXX XXXX XXXX Provided Average Yes Yes Yes Appraisal indicates property is a single story building, pictures provided indicate this is a 2 story building.  2nd story apartment unit does not meet requirement to be considered a legal dwelling unit.  Apartment unit photos reflect unfinished floors/incomplete buildout.  No value given to the 2nd story apartment.
XXXX XXXX VCC2026-4_100454     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100465     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100481     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100488     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100493     XXXX XXXX XXXX XXXX Provided Fair No Yes No Property condition below average.  Appraisal states this is a 2 story commercial building with pictures reflecting a 3 story building.  2nd story has a full bath; however, no pictures of the other rooms provided.  Also, third story has unfinished floor, incomplete renovation, damaged floors and walls.  2nd and 3rd floors may have or is used as a residential unit.  No cost to complete renovation provided, no value given to 3rd floor.
XXXX XXXX VCC2026-4_100502     XXXX XXXX XXXX XXXX Provided Fair Yes Yes No Property condition below average.  Commercial unit not being utilized at time of inspection due to roof leak and evidence of water intrusion (wall has been removed).  Appraisal notes presence of mold resulting in a health concern.  Appraisal photos reflect damage and deferred maintenance throughout and reportedly needs the roof to be replaced.  Cost to cure including mold remediation and roof replacement is $35,000.
XXXX XXXX VCC2026-4_100521     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100528     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100377     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100090     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100113     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100150     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No Appraisal photos reflect ongoing renovation, damaged drywall & flooring.  In house review indicates upper level not considered as it is unfinished with missing floor coverings, damaged drywall, and no permanent heat source.  Appraisal includes the upper level. No cost to cure provided.
XXXX XXXX VCC2026-4_100175     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV  - Appraisal photos reflect multiple instances of wood rot around windows and foundation.  Appraisal photos reflect mold on the bathroom ceiling and a damaged beam supporting the carport.  90-day signed Holdback Agreement for $5,000 provided and reflected on HUD.
XXXX XXXX VCC2026-4_100732     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100302     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100331     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100733     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No Appraisal indicates exterior has peeling paint and dry rot, siding missing or broken in various areas leaving exposed wood underneath.  No cost to cure provided.
XXXX XXXX VCC2026-4_100366     XXXX XXXX XXXX XXXX Provided C3 Yes Yes No Missing handrail on back exterior steps  In house review indicates subject does not appear to have gutters or downspouts.  No costs to cure provided.
XXXX XXXX VCC2026-4_100367     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100402     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100734     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100416     XXXX XXXX XXXX XXXX Provided C2 No No No  
XXXX XXXX VCC2026-4_100421     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100423     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100431     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraisal reflects significant deferred maintenance, stained ceilings, uninstalled appliances and smoke/fire damage.  Estimated costs to cure smoke-related damage $8.700.  In house review has PTD for qualified professional inspection to determine the source and extent of fire damage and necessary repairs.  Also, PTD for repair and replacement of heating unit which is required (no permanent heat source).  90-day signed Holdback agreement for $12,000 provided  and reflected on HUD.
XXXX XXXX VCC2026-4_100442     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV - Appraisal notes the electrical breaker panel is outdated.  Missing combination CO detector/smoke alarms in bedrooms, living room or basement to meet state fire codes.  No cost to cure provided or proof of installation.
XXXX XXXX VCC2026-4_100452     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100453     XXXX XXXX XXXX XXXX Provided C5 Yes Yes No XX% LTV - Property condition C5 - Appraisal notes significant deferred maintenance, wood damage, exposed pipes, unfinished eaves, handing wired, debris in yard, missing bathroom tiles, broken kitchen cabinets, peeling paint, missing drywall, broken windows.  Estimated cost to cure $ 20,100.
XXXX XXXX VCC2026-4_100457     XXXX XXXX XXXX XXXX Provided C3 Yes Yes Yes Appraisal photos reflect an unfinished interior space, no value given to this space nor were permits provided.  Appraisal photos reflect missing handrail for attic stairway.
XXXX XXXX VCC2026-4_100461     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100471     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100495     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100735     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100736     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100542     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100547     XXXX XXXX XXXX XXXX Provided C3 No Yes No XX% LTV - Appraisal notes screen damage of the screened in back porch.  No costs to cure provided.
XXXX XXXX VCC2026-4_100552     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraisal reflect cracked floor tiles, stained/damaged bathroom ceilings, damaged walls, exterior facade damage.  No costs to cure provided.
XXXX XXXX VCC2026-4_100558     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV - Stairs to second floor missing a handrail.  No cost to cure or evidence of repair provided.
XXXX XXXX VCC2026-4_100563     XXXX XXXX XXXX XXXX Provided C4 No Yes No Appraisal note damaged flooring and ceiling staining in bathroom #3.  No costs to cure of evidence of repairs provided.
XXXX XXXX VCC2026-4_100565     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV - Appraisal reflects and in house review states staircase to second floor and porch railing in need of repair/installation at an estimated cost of $12,000.  No proof of repair provided.
XXXX XXXX VCC2026-4_100567     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraisal and in house review reflect damaged/worn flooring, damaged/cracked walls, and damaged foundation.  Rear deck is in need of repair, poses a health and safety concern with a large portion missing.   Appraiser recommended foundation inspected by a qualified professional.  No evidence of inspection, repairs, or costs to cure provided.
XXXX XXXX VCC2026-4_100569     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100233     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100427     XXXX XXXX XXXX XXXX Provided Average No No Yes Appraisal indicates that 3 office units on the property were without proper permits.  No value given to the additional units.
XXXX XXXX VCC2026-4_100487     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100438     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100551     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100063     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100434     XXXX XXXX XXXX XXXX Provided Average Yes Yes No XX% LTV - Appraisal notes no flooring in one of the bedrooms in unit 1.  The efficiency unit/unit 2 has had some recent updates including paint, flooring, kitchen cabinets, counters, sink, and hardware.  The counters, sink, an hardware have not yet been installed but were on site.  Estimated cost to cure $1,000.
XXXX XXXX VCC2026-4_100467     XXXX XXXX XXXX XXXX Provided Good Yes Yes No XX% LTV - Subject reflects ongoing renovation of lower unit with an estimated costs to cure of $1,000.  Lower unit is missing kitchen appliances, cabinets, counter tops, sink, bathroom is missing counter top and mirror to be installed.  No costs to cure for bathroom provided.  Upper unit has loose hanging , improperly mounted light fixture with exposed wiring in kitchen, missing kitchen cabinets, and counter tops.  No cost to cure provided or evidence of repairs.
XXXX XXXX VCC2026-4_100532     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100241     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100340     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100368     XXXX XXXX XXXX XXXX Provided Good No No Yes Property is a triplex assessed as a duplex.  Estimated cost to convert back to duplex is $5,000.
XXXX XXXX VCC2026-4_100294     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100403     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100280     XXXX XXXX XXXX XXXX Provided Average Yes Yes No Appraiser notes the elevator was not functioning at time of inspection.  Estimate to cure $300.  Building has a non-operational central A/C unit that served the entire building, now heating and air conditioning is provided by portable, ductless, wall, and window sleeve  units, or baseboard heaters.  Missing permanent heat source for entire building.  No cost to cure provided.
XXXX XXXX VCC2026-4_100360     XXXX XXXX XXXX XXXX Provided Average Yes Yes No Appraisal notes the elevator is not functioning.  Appraisal photos reflect damaged flooring, incomplete renovations.  Basement appears to have had water damage  (no source provided or evidence issue has been resolved) and requires refinishing, units are have been stripped down to the studs with exposed plumbing and electrical.  No costs to cure provided.
XXXX XXXX VCC2026-4_100479     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100266     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100554     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100527     XXXX XXXX XXXX XXXX Provided Fair Yes Yes No Property in fair condition - Appraisal notes significant deterred maintenance.  Damaged gutters, masonry wall cracks, damaged wood, possible water intrusion, damaged foundation.  Estimated cost to renovate office $139,655, warehouse $80,540. and parking lot $90,000.  Total estimated renovation costs $372,234.
XXXX XXXX VCC2026-4_100559     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No Appraiser states basement ventilation ducts are wrapped with well-aged tape whose appearance is consistent with asbestos tape.  The material has not been tested and is not confirmed; however, the material's appearance is consistent with asbestos tape.  It is further noted that dampness and a small amount of water was seen within the basement's foundation floor.  Minor exterior siding damage was noted. 365-day Holdback Agreement for $ 6,960 for PVC drain - French drain - tuckpointing - Bury Downspout installation provided and noted on HUD. No cost to cure provided for repair of the siding damage.
XXXX XXXX VCC2026-4_100450     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100497     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100463     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100737     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100738     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100562     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100102     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100739     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100740     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100741     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100742     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100743     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100744     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100745     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100746     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100747     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100748     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100749     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100750     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100751     XXXX XXXX XXXX XXXX Provided C2 No No No  
XXXX XXXX VCC2026-4_100752     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100753     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100754     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100755     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100756     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100757     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100758     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100759     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100760     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100761     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100762     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100763     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100764     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100765     XXXX XXXX XXXX XXXX Provided C5 Yes Yes No Property Condition C5 - Appraisal notes the subject is missing a permanent heat source and a water heater.  Invoice in file for $4,780 which consists of changing locks,. removing and reinstalling water heater and furnace, install lockbox, general cleaning, paint touch up, installing smoke detectors and C/O detectors, replace missing screens, electrical check, plumbing check. install blinds, paint kitchen cabinets, carpet cleaning, basement floor painting, install toilet seat, and trash removal.  No evidence these items were completed in file.
XXXX XXXX VCC2026-4_100766     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100767     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100768     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100769     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100770     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100771     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No Subject photos reflect deferred maintenance throughout, damaged exterior facade, broken kitchen cabinets.  Stairway is missing a handrail.  No costs to cure provided.
XXXX XXXX VCC2026-4_100772     XXXX XXXX XXXX XXXX Provided C3 Yes Yes No Subject photos reflect a broken window  and loose shingles on roof.  In house review has PTD replace roof and replace broken window.  No cost to cure or evidence of repairs in file.
XXXX XXXX VCC2026-4_100773     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No Appraisal photos reflect extensive deferred maintenance, chipped peeling external paint.  Stairway to bonus room is missing a handrail.  Some of the floors are painted subfloor plywood and missing actual flooring.  No cost to cure or evidence of repairs provided.
XXXX XXXX VCC2026-4_100774     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100117     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100214     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100313     XXXX XXXX XXXX XXXX Provided C3 Yes No No XX% LTV - The appraiser notes that the exterior is sided with asbestos and many shingles are missing.  The owner is in the process of replacing the damaged shingles and all necessary materials are on site.  No cost to cure provide with the owner having material on site.  No evidence of completion provided.
XXXX XXXX VCC2026-4_100357     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraisal and in-house review indicate damaged soffit, a broken window, and subsidence was noted along the vast majority of the concrete slab.  In-house review has PTD for a structural inspection confirming that the slab is structurally sound.  No inspection provided nor costs to cure.
XXXX XXXX VCC2026-4_100468     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV - Appraiser notes missing smoke detector with a cost to cure $100.  No evidence they have been installed provided.
XXXX XXXX VCC2026-4_100475     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100478     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100483     XXXX XXXX XXXX XXXX Provided C4 No Yes No XX% LTV - Appraiser notes the subject property kitchen flooring has been partially removed - cost to cure is approximately $2,500.  Proof of repair not provided.
XXXX XXXX VCC2026-4_100505     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100506     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100512     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100522     XXXX XXXX XXXX XXXX Provided C3 Yes No No XX% LTV - Appraisal photos reflect electrical outlets missing plate covers, damaged wooden eves on exterior, chipping paint and damaged wood on Arizona room.  Estimated costs to cure $500.  No proof of repair provided.
XXXX XXXX VCC2026-4_100525     XXXX XXXX XXXX XXXX Provided C4 No Yes No Appraisal photo reflects rotted siding on the exterior.  No cost to cure or proof of repair provided.  This is considered deferred maintenance.
XXXX XXXX VCC2026-4_100529     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100531     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100533     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100548     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100550     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100556     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100557     XXXX XXXX XXXX XXXX Provided C4 Yes No No Appraiser noticed some missing basement floor tiles along the East wall and stove/range in basement to be removed.  Cost to cure is approximately $1,200.
XXXX XXXX VCC2026-4_100571     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100572     XXXX XXXX XXXX XXXX Provided C3 Yes No No Appraiser notes that during physical inspection no smoke/CO2 detectors were observed on each floor.  No evidence these were installed provided.
XXXX XXXX VCC2026-4_100574     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100577     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No Appraisal photos reflect standing water in basement by water heater and substantial ceiling damage through out multiple areas in the dwelling.  Renovation/repairs in process at time of inspection.  No cost to cure or proof of completion provided.   Appraisal photos reflect missing/damaged flooring and missing kitchen appliances in unit 1.  No proof of repair provided.
XXXX XXXX VCC2026-4_100584     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100585     XXXX XXXX XXXX XXXX Provided C2 No No No  
XXXX XXXX VCC2026-4_100594     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100596     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100604     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraiser noted damaged exterior siding and a damaged ceiling.  Cost to cure is estimated to be $1,200 / siding and $500 / ceiling.  In-house review has PTD for roof inspection due to the water damaged ceiling. 120-day signed Holdback Agreement for $5,340 roof replacement in file and reflected on HUD.
XXXX XXXX VCC2026-4_100606     XXXX XXXX XXXX XXXX Provided Good Yes No No Appraisal photo reflects basement window is boarded and missing kitchen appliances in unit 1.  No cost to cure or proof of repairs provided.
XXXX XXXX VCC2026-4_100607     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100610     XXXX XXXX XXXX XXXX Provided C4 No Yes No XX% LTV - Appraiser noted damaged window framing on the side rear second story window.  Cost to cure is estimated to be $500.  Considered deferred maintenance.
XXXX XXXX VCC2026-4_100611     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100612     XXXX XXXX XXXX XXXX Provided C4 Yes No No Appraisal photo reflects water heater not properly strapped and the remnants of garage not completely demolished.  Appraiser states deteriorated wall and ceiling finishes and aging floor coverings with no costs to cure provided.
XXXX XXXX VCC2026-4_100615     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100616     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100622     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100098     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100128     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100178     XXXX XXXX XXXX XXXX Provided Average Yes Yes No Appraisal photos reflect cracked exterior walls and water-stained tiles in the interior.  Appraiser notes there appears to have been a prior leak in the roof that has since been repaired and the rear storage area of the mixed-use building was partially gutted with exposed wires and falling insulation.  No cost to cure or proof of repair provided.
XXXX XXXX VCC2026-4_100215     XXXX XXXX XXXX XXXX Provided Average Yes No No Appraiser notes several water spots were observed at the time of inspection and worker noted the rear of the unit leaks during hard rains.  Appraisal photos reflect patched areas on ceiling.  Additionally, appraiser indicates roof cover is in poor condition. Appraiser provided an estimate of $15,000 for needed roof replacement.   No proof of repair provided.
XXXX XXXX VCC2026-4_100217     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100304     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100307     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100341     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100388     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100391     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100401     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100404     XXXX XXXX XXXX XXXX Provided Average Yes No No Appraisal photos reflect interior basement stairwell is missing railings and dampness on basement floor.  No proof of repair provided.
XXXX XXXX VCC2026-4_100409     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100429     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100447     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100519     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100534     XXXX XXXX XXXX XXXX Provided Average Yes No No Appraiser noted that 2 two-bedroom units are undergoing renovations.  The cost to complete is approximately $11,500 per unit.  Not habitable in current state.
XXXX XXXX VCC2026-4_100536     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100544     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100549     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100560     XXXX XXXX XXXX XXXX Provided Excellent No No No  
XXXX XXXX VCC2026-4_100561     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100583     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100586     XXXX XXXX XXXX XXXX Provided Fair Yes No No Property condition below average - Appraiser states missing flooring in building A (Commercial unit) with costs to cure $13,150.  Appraisal photo reflects bars on windows of residential unit.  No proof of quick release latches provided.
XXXX XXXX VCC2026-4_100588     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100590     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100592     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100620     XXXX XXXX XXXX XXXX Provided Average Yes No No Appraisal photos reflect commercial unit's 1/2 bath incomplete, no picture of sink, missing flooring and walls missing drywall and paint.  Studio apartment full bath has no picture of toilet.   No cost to cure or proof of repair provided.
XXXX XXXX VCC2026-4_100775     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraiser observed a damaged door, siding damage on the garage and house, fascia damage, missing skirting, peeling paint, drywall damage, and a damaged rear porch railing.  No costs to cure provided.
XXXX XXXX VCC2026-4_100776     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV - Appraisal photo reflects boarded windows and what appears to mold on sink cabinet of half bath.  No costs to cure or evidence of repairs in file.
XXXX XXXX VCC2026-4_100777     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100778     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100779     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraisal and Photos reflect damaged ceiling in bedroom of unit 1 with possible mold, cost to cure $500, and missing downspouts and gutter at rear of dwelling, cost to cure $1,500.  Evidence of ceiling patching provided, missing evidence that there was no mold or downspouts and gutters were installed.
XXXX XXXX VCC2026-4_100780     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100781     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100782     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100783     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100784     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100785     XXXX XXXX XXXX XXXX Provided C4 Yes No Yes The Appraiser notes that the subject had incomplete installation of partition wall (space not useable in present condition).  The XXX analyst adds that this was a partition wall being built s 4th bedroom.  Assessor is reflecting 3 bedrooms.  The cost to cure is estimated at $1000 to convert back to 3 bedrooms.
XXXX XXXX VCC2026-4_100786     XXXX XXXX XXXX XXXX Provided C4 Yes No No The Appraiser notes a damaged roof section, damaged wood trim and cracked and peeling exterior paint.  Estimated cost to repair is $1000.
XXXX XXXX VCC2026-4_100787     XXXX XXXX XXXX XXXX Provided C4 No Yes No The Appraiser notes damaged exterior siding and interior floor covering. Estimated cost to cure is $2000.  Items considered deferred maintenance.
XXXX XXXX VCC2026-4_100788     XXXX XXXX XXXX XXXX Provided C4 No Yes No The Appraiser noted peeling paint on the exterior and one of the bedrooms missing ceiling paint as well (sheetrock with taping only).  Cost to cure is estimated at $6000.
XXXX XXXX VCC2026-4_100789     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - The Appraiser notes that drainage needs to be improved around the foundation that is causing basement seepage.  The exterior wood surfaces are noted as needing paint and some screens repaired.  The cost to cure is estimated at $10,000 for both the safety and damage issues.  In-house review had a PTD for repair cause of water infiltration by licensed basement waterproofing specialist.  365-day signed Holdback Agreement for $3,184  for basement repairs and reflected on HUD.
XXXX XXXX VCC2026-4_100790     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV - The Appraiser notes that the Ceiling Kitchen needs replaced because of a water leak from the bath on the 2nd floor. As well, the water leak from the 2nd floor bath needs to be repaired.  Cost to cure is estimated at $2000. XXX analyst notes water in basement from active plumbing leak.  Also noted the bathroom floor is cracked and little to no kitchen cabinetry.  No signed Holdback for these repairs or evidence they have completed provided.
XXXX XXXX VCC2026-4_100791     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100792     XXXX XXXX XXXX XXXX Provided C4 No Yes No The Appraiser noted deferred maintenance observed wall and/or ceiling paint that has not been completed to match the other walls/living areas.  As well, some damaged/missing tiles on the walls of the bathroom, garage door that is uninstalled.  Cost to cure $2775.
XXXX XXXX VCC2026-4_100601     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100580     XXXX XXXX XXXX XXXX Provided Average Yes No Yes Appraiser noted that there were several roof patches.  in-house review notes Loose hanging wire in the crawlspace.  Subject is a Triplex in a Historic 2-family zone.  No cost to cure provided.  Client comment:  Subject has legal non-conforming zoning compliance due to use as a triplex within a 2-family zoning.
Appraiser states subject can be rebuilt if destroyed. XXX did not view this as material to underwriting.
XXXX XXXX VCC2026-4_100618     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100635     XXXX XXXX XXXX XXXX Provided C4 Yes No No The appraiser notes dampness/puddle of water in the basement without noting source or cost to cure.
XXXX XXXX VCC2026-4_100555     XXXX XXXX XXXX XXXX Provided C3 Yes No No LTV XX% - The Appraisal photo shows a missing railing in the stairway of XXXXX.  The Appraiser notes that XXX and X have been completely gutted and are in need of drywall, trim, doors, floor coverings, kitchens, bathrooms, and all other finishing materials.  The owner estimates the remaining cost to complete these units to be $20000 to $23000. However, the XXX analyst notes that the Appraiser deducted $80,000 for a cost to cure.  XXXXX still requires finishing work in the third bedroom, including drywall and floor coverings.  In-house review notes that 2 units are uninhabitable at time of inspection.
XXXX XXXX VCC2026-4_100643     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100627     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100624     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100566     XXXX XXXX XXXX XXXX Provided Good Yes No Yes XX% LTCV - The XXX analyst notes that the subject is assessed as a duplex.  However, unit 1 is located in the basement.  Appraiser did not provide information on whether or not this is permitted or can be rebuilt.
XXXX XXXX VCC2026-4_100619     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100543     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100379     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100597     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV  - Appraiser noted damaged drywall in Living Room and Bathroom walls, as well as a damaged bathroom vanity.   The Appraiser also noted a damaged rear door in need of replacement or repair.  Estimated cost to cure if $2000.  Letter from borrower indicating they will repair the drywall, no reference made to the back door needing repair/replacement.
XXXX XXXX VCC2026-4_100535     XXXX XXXX XXXX XXXX Provided C3 Yes Yes No XX% LTV - Appraiser notes deferred maintenance of the following:  Some missing electrical fixtures (& light covers), peeling ceilings in dinging area, some peeling paint on windows & soffit/fascia.  As well, a rear detached shed/structure with missing siding. Estimated cost to cure $1000.  The Appraiser also notes a safety issue of a hole/missing crawl space vent cover on the left side of the home.  Missing electrical fixtures/exposed wires in dinning room are also a safety hazard.
XXXX XXXX VCC2026-4_100443     XXXX XXXX XXXX XXXX Provided C4 Yes No Yes XX% LTV - Appraiser notes that the subject is assessed as a Single-Family residence but is used illegally as a 3-unit multi-family property.  Appraisal completed subject to access to 2nd bedroom, operational smoke detectors, and removal of barrier to 2nd floor.  No cost to cure or 442 provided.
XXXX XXXX VCC2026-4_100573     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100617     XXXX XXXX XXXX XXXX Provided C4 No Yes No Appraisal photos show cosmetic repair needed to peeling paint on the ceiling in 2 areas.  One is the basement bathroom, and the other area is not identified.  No water damage is indicated.  Cost to cure listed as $200.
XXXX XXXX VCC2026-4_100632     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100603     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100640     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV - Appraiser notes the following issues.  Missing tile on the bathroom wall and around fixtures in bathtub.  The Toilet is unattached in the bathroom.  There is missing flooring in all bedrooms as well as missing drywall.  There is damaged soffit on rear side of home.  The estimated cost to cure is approximately $5000.  Letter from borrower stating they will complete the repairs after closing.
XXXX XXXX VCC2026-4_100587     XXXX XXXX XXXX XXXX Provided C4 No Yes No XX% LTV - Appraiser notes deferred maintenance of a missing kitchen cabinet drawer cover in unit one and vinyl siding repair on the left side of the dwelling.  No cost to cure provided.
XXXX XXXX VCC2026-4_100358     XXXX XXXX XXXX XXXX Provided C3 Yes No No Appraisal notes damaged exterior siding and exposed subsurface.  Cost to cure of $2500.  The XXX Analyst notes a lack of adequate railing on stairs to the second floor.  As well, the analyst notes evidence of dampness in the basement, however no ponding water noted.  In-house review indicates there is no active rental license.  365-day Holdback Agreement for $5,000 provided and reflected on HUD for the license.
XXXX XXXX VCC2026-4_100595     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV - Appraisal pictures of the Ceiling in the Basement finished room, indicate some damage/possible water leak.  Not noted by appraiser or cost to cure provided.
XXXX XXXX VCC2026-4_100602     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100091     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100310     XXXX XXXX XXXX XXXX Provided C3 Yes No Yes Appraisal photo shows interior stairwell is missing a railing.  The XXX analyst notes that the subject is divided as a Single-Family Residence with an accessory dwelling and is an illegal use.  No cost to cure provided to remove additional kitchen or install handrails.  Letter in file from borrower stating they will install the handrail, no evidence it has been completed.
XXXX XXXX VCC2026-4_100578     XXXX XXXX XXXX XXXX Provided C2 No No No  
XXXX XXXX VCC2026-4_100575     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraiser and the photos show worn flooring with stains in multiple places.  Appraiser does not note it, but the photos show some standing water in the basement.  No source of water provided.  No cost to cure provided.
XXXX XXXX VCC2026-4_100625     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100255     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100614     XXXX XXXX XXXX XXXX Provided C1 No No No  
XXXX XXXX VCC2026-4_100337     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100568     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100608     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No Appraiser notes that the pool is empty and nonfunctional.  XXX analyst adds that the pool is uncovered and is a falling hazard. There are old water stains in the ceiling in the family room (not leaking).  There is missing flooring on the second floor.  Staircase does not have a railing all the way at the top. The estimated cost to cure is $2000.  Letter from borrower in file stating they will replace fence around pool, railing on staircase, and 2nd floor flooring after closing.
XXXX XXXX VCC2026-4_100600     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100630     XXXX XXXX XXXX XXXX Provided C3 Yes No No Appraiser notes that the property is being used as an Assisted Living Facility which is legal as long as it doesn't get overcrowded.  However, certain aspects of the home have been changed to aid patients.  Low step in showers, no tubs.  Cost to cure to return these to typical for this type of home is estimated at $10K.
XXXX XXXX VCC2026-4_100636     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100593     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100609     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100392     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100537     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100642     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100119     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraiser notes deferred maintenance of partially missing floor coverings in kitchen and bedrooms have no floor coverings.  No cost to cure is stated.  In-house review indicates no permanent heat source with a PTD for installation of heating.  Evidence of a window unit installed; however, that is not a permanent heat source.
XXXX XXXX VCC2026-4_100646     XXXX XXXX XXXX XXXX Provided C4 Yes Yes No XX% LTV - Appraisal Photos show the Electrical Box is missing the cover. The XXX analyst notes the chipping and peeling paint from the appraisal pictures of the 2nd floor rear railing.  No amount to cure provided.
XXXX XXXX VCC2026-4_100110     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100579     XXXX XXXX XXXX XXXX Provided C3 Yes No No XX% LTV - Appraisal photo of back of the dwelling show missing balcony with a door on the second floor and missing stupe and steps from door on first floor.  Appraiser did not note whether or not the doors have been secured.
XXXX XXXX VCC2026-4_100637     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100647     XXXX XXXX XXXX XXXX Provided C3 Yes No No XX% LTV - Appraisal photos reflect missing siding and exposed subsurface in rear and exposed subsurface front windows with graffiti.  Unfinished drywall and flooring within the basement recreational room and missing sink and associated fixtures with the basement half bathroom.  Cost to cure is $7,500.  PTD to weatherproof and cover front and rear trim and rear exterior; exposed sub surface.  No evidence of repairs provided.
XXXX XXXX VCC2026-4_100631     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100456     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100613     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100545     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100645     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100496     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100589     XXXX XXXX XXXX XXXX Provided C3 Yes No No The Appraisal photos show missing kitchen appliances in both units.  Also shows missing railing on interior stairs for entry to unit 2.  No cost to cure provided.
XXXX XXXX VCC2026-4_100582     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100389     XXXX XXXX XXXX XXXX Provided C4 Yes No No XX% LTV - Appraiser notes that power washing of the exterior needs to be completed, some floor tiles in the rec room need to be replaced and sheetrock repair.  Cost to cure is estimated at $5000.  Letter from borrower indicates they will repair after closing.
XXXX XXXX VCC2026-4_100220     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100638     XXXX XXXX XXXX XXXX Provided C4 No No No  
XXXX XXXX VCC2026-4_100639     XXXX XXXX XXXX XXXX Provided C3 No No No  
XXXX XXXX VCC2026-4_100540     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100433     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100204     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100541     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100445     XXXX XXXX XXXX XXXX Provided Average Yes No No Appraiser observed that the property requires a new roof, gutters, and facia repairs.  The cost to cure is approximately $27,000.  Additionally, the file contains a loss control survey that reflects the following hazards:  1. an obsolete electrical panel manufactured by Federal Pacific that could pose an electrical hazard. 2. the kitchen fire extinguishing system is in need of service. 3.  The hood over the kitchen cooktop requires metal baffle filters as the current wire mesh filters trap grease and could pose a fire hazard.  4. The kitchen exhaust hood and ductwork is in need of cleaning.    Additionally, the HUD and file documentation reflect a 90-day holdback agreement for $39,000 to remove and replace the roof.
XXXX XXXX VCC2026-4_100581     XXXX XXXX XXXX XXXX Provided Average Yes No Yes The appraiser observed that the property contains two illegal first floor apartment units.  A cost to cure was not provided.
XXXX XXXX VCC2026-4_100489     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100649     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100644     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100462     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100306     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100473     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100523     XXXX XXXX XXXX XXXX Provided Average Yes No No Appraisal indicates Interior wall finishes in the office area appear to consist substantially of exposed plywood/ wood paneling.  The apparent combustibility of the wall finishes may warrant verification of compliance with applicable building and fire codes, particularly near the electrical panel and kitchen / break area.
XXXX XXXX VCC2026-4_100096     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100338     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100076     XXXX XXXX XXXX XXXX Provided Fair Yes No No Appraiser observed the property showed evidence of a water leak, as well as gutter, soffit, facia, and siding damage.   Further, an appraisal photo of the rear deck showed the wooden posts supporting the second story deck appear to be structurally compromised.
XXXX XXXX VCC2026-4_100633     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100526     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100231     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100553     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100564     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100623     XXXX XXXX XXXX XXXX Provided Fair Yes No No Property condition Fair - Appraiser commented that the first floor rear roof has growth.   A possible rodent infestation was noted in Unit 9.  A cost to cure was not provided.  Structure build in 1725.
XXXX XXXX VCC2026-4_100417     XXXX XXXX XXXX XXXX Provided Excellent No No No  
XXXX XXXX VCC2026-4_100501     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100407     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100628     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100371     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100626     XXXX XXXX XXXX XXXX Provided Fair Yes No No Property condition Fair - Appraiser commented that units XXXX and XXXX are not in habitable condition and require renovations.  Cost to cure is $20,000 ($10,000 per unit).  The loan file contains a $5,000 holdback agreement datedX/XX/XXXX, for ceiling repairs.
XXXX XXXX VCC2026-4_100648     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100066     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100634     XXXX XXXX XXXX XXXX Provided Good No No No  
XXXX XXXX VCC2026-4_100621     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100184     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100359     XXXX XXXX XXXX XXXX Provided Average No No No  
XXXX XXXX VCC2026-4_100629     XXXX XXXX XXXX XXXX Provided Average No No No