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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...
I went out on a conventional refi and noticed a small drainage hose running from water heater to the backyard. Owner said water heater is leaking and he rigged up the drainage hose. Should I consider this a health and safety issue?
I appreciate your input.