Is this excessive ?

[Physical]

Not all repair or inspection requirements are specifically listed in the MPRs for FHA and VA. Some fall under the general category that appraisers must address and which can be found on Page 1 of the appraisal report. Check out the section near the bottom of Page 1:



There could many conditions that are included in this question that are not specific MPRs but FHA and VA use the same forms and the same requirements as the GSEs. So the appraiser has to consider this question. If the answer is yes, they are required to make their report "subject to repairs" or at least inspection if they are not sure.

Your list is long and it would be quite time consuming to go through it. Also, I'm not sure if that report includes actual repairs for Section 1 items or if it only includes recommendations. You weren't specific.

Items like the microwave are easy to deal with. It's likely personal property and should not be a repair item. Electrical items are typically beyond the experience of the appraiser and if I had a report that recommended repairs I would include this in my work as a repair item. If I didn't see any actual damage I might call for an inspected based on the assumption that it didn't need repairs. This process is too esoteric to explain to a "civilian" on a message board.

It seems to me that the major items of repair you agree with so what's the problem with taking care of the picyune stuff while you're at it?

The appraisal says the repairs are required and then goes on to the list. We are in the process of figuring out all this mess with proof of work already completed. I am just thinking in the future I should get an informal inspection for me and no record of it on paper.

I suppose to close on the 21 of this month and was on track until this all happened.

Not mad at the appraiser just frustrated All that work I can do myself, but I cant really because is not my house. Call a contractor? nope have to be Fannie Mae approved, but Fannie Mae does not want to fix some of the items.

Catch 22 either way

 

[ctapraser]

Hello. I live in Phoenix, I have previously purchased a property with a VA loan with out any issues, however the current property, a Fannie Mae property is becoming an issue thanks to the appraisal. The following is a list of conditions required by the appraiser, and also noted the appraiser stated this information was retrieved from the home inspection I performed and not based on his observations.





Conditions of Appraisal

Appraisal Repair Requirements. The following repair items must be completed by State Licensed professionals. The repair list was based on my review of a

recent

Home Inspection Report and the prior listing document showing damaged items.

Repair:

1)Repair all roof leaks and install missing flashing to all necessary areas

Not and issue since the is proof of roof repair

2)Replace missing roof tile

Fine I think I can get the seller to replace "1" tile

3)Repair loose front fascia boards

Really?

4)Repair/replace HVAC units as necessary to obtain industry standard temperature spread

not sure how is this a MPR?

5)Remove beehive and bees from property

Agree

6)Repair all defective outdoor electrical outlets and GFCI near fountain
Defective = non working not a MPR

7)Add GFCI to exterior, bathroom, kitchen and garage

Agree

8)Install additional smoke detectors in bedrooms

Agree

9)Licensed Electrian inspection of main panel

Inspector mention there is too much cable in there and now in days best practice is just to snip the extra wire. Opinions on this?

10)Replace any defective interior electrical outlets

not a MPR

11)Install proper second Condensate drain line for A/C system

Agree

12)Install firebrick line to lining of fireplaces

I guess the seller would not mind placing 4 briks on the fireplace before I take it down during the remodel.

13)Repair range/oven and microwave

Range and oven actually do work. microwave does not. They are from the 80's and are getting trash during kitchen remodel? Any ideas on this ? microwave is required now in days?

14)Repair bathroom sink faucets and shut off value

MPR? my previous house had a small leak noted on the inspection from one of the bathroom sinks and that was not an issue.

15)Reseal shower cultured marble surround

MPR? Soundness? Not as bad a the kool deck on the pool chpped or the pool plaster in bad conditions but apparently this were not issues

16)Repair 4 ceilng fans and 1 ceiling light that do not work

They do work with a remote. Again non MPR

17)Replace damaged register in master bedroom

Agree

18)Repair/replace pool pump that sparked

Inspector said it sparked when he turned it on, however it worked before and is still on and working right now.

19)Replace missing pool cleaning heads

really ? MPR? What if I like the aquabot better?

20)Make corrective repairs for meet pool safety standards(gate, doors, windows, etc)

Doors have self closing hinges, just like my previous house, no pool jais.

21)Add pool timer safety cover

Agree

22)Repair drain at front garage to prevent water flowing into garage

Agree

What are my options here guys, so I can move on with this. Seller already flat out refused to do all the repairs on the appraisal, knowing they go beyond the scope of what is MPR.


Thank you for the advise

Excessive.. ??

But, if you have the complete appraisal you may want to read the Statement of Assumptions and....#5. The appraiser has noted ANY adverse conditions that he/she became aware of.....bla bla bla.

The appraiser is required to report them, the lender can decide what needs doing.

 

[Mr Rex]

Isn't it annoying when borrowing money from others and they expect not to be lending on a pig in a poke?

BTW, thanks for your service.

 

[ctapraser]

Isn't it annoying when borrowing money from others and they expect not to be lending on a pig in a poke?

BTW, thanks for your service.

Ouch!:icon_mrgreen:

 

[Don Clark]

Excessive.. ??

But, if you have the complete appraisal you may want to read the Statement of Assumptions and....#5. The appraiser has noted ANY adverse conditions that he/she became aware of.....bla bla bla.

The appraiser is required to report them, the lender can decide what needs doing.

VA does not accept a property "as is". Any repairs that affect Safety, Soundness, or Sanitary conditions would need to be corrected.

 

[CANative]

Don, you gotta admit some of the stuff on that list was BS.

4)Repair/replace HVAC units as necessary to obtain industry standard temperature spread

2)Replace missing roof tile

13)Repair range/oven and microwave (countertop MW)

5)Remove beehive and bees from property

 

[Mr Rex]

4) Means the unit is not functioning properly and needs repair. The spread from the supply air to the return is a simple way of determining if the unit is functioning as it should.

2) Missing roofing not a problem since when?

 

[Physical]

If I was asking for a loan for a house AS IS after a fire or in the verge of collapse then I can see how that would be pig in poke. These are common issues any existing construction or foreclosed housed have. Apart from the roof issues that already mention is not an issue, since the repair were already done, the house is in great conditions and besides it appraised a 315k and I am getting it 300k, How is that a pig in a poke????

 

[CANative]

4) Means the unit is not functioning properly and needs repair. The spread from the supply air to the return is a simple way of determining if the unit is functioning as it should.

2) Missing roofing not a problem since when?

4) It heats? It cools? It doesn't make any unusual noises or smells? I'm okay with it.

2) It wasn't "missing roofing." It was A tile.

 

[Mr Rex]

4) It heats? It cools? It doesn't make any unusual noises or smells? I'm okay with it.

2) It wasn't "missing roofing." It was A tile.

So you loan Physical the money. I'm okay with it.