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conventional loan

  1. A

    Only 1 of 2 water heaters functional / appraisal withheld

    Conventional loan. Property has two water heaters: WH1 serves the kitchen and one bathroom, WH2 serves the other two bathrooms. WH1 is not functioning and the appraiser requires it to be fixed ("subject to: ensure hot water is available at all applicable faucets"). Is this a valid requirement...
  2. OSU Beavers

    Repair Requirement For Maintenance?

    I am appraising an upper end home on 10 acres in the forest that is selling out of an estate. The house is in above average condition, however it does not look like the gutters have been cleaned out for years and are overflowing with dried pine needles. The roof valleys also have a lot of debris...
  3. pdaniel7

    Poor Drainage Around Foundation On Conventional Loan

    Hello everyone. I was hoping to get some clarification on the proper way to handle inadequate drainage from the foundation on a conventional loan. The home has not been very well maintained and has a fair amount of deferred maintenance, but I would be able to perform the appraisal "as is"...
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