Did you know Fannie Mae permits appraisals to be based on the “as is” condition of the property…if there are minor conditions of normal wear and tear. Keep reading to find out what is considered “normal” and other tips to help get the appraisal report off your desk.
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FHA -203K And Renovation Loans
Author: Cherie Lynch | November 30, 2017
We all know that appraisals are very important when buying a home. So many loan types. So many appraisal forms. It can be information overload. We’re always here to help! Let us explain the difference between a 203K FHA Loan and a Renovation Loan. http://www.classappraisal.com/WebDocs/ARC_203K%20_Reno.pdfRead more ...>