Lobo Fan
Elite Member
- Joined
- Nov 28, 2004
- Professional Status
- Certified Residential Appraiser
- State
- New Mexico
I looked at a small SFR that has a pre-1976 trailer along side. There is a doorway between the LR of the stick built structure and the trailer. The problem is that there is no bathroom in the stick built portion. They have started to install one, with stud walls and some rough-in plumbing.
I am thinking of using a C2C to finish the bathroom and hauling off the trailer (which is in very poor condition). Not sure if to condition it upon the completion of the bathroom (which is the purpose of the refinance), or to go as-is and let the lender deal with it. Not sure if CB4 applies here.
What would you do?
I am thinking of using a C2C to finish the bathroom and hauling off the trailer (which is in very poor condition). Not sure if to condition it upon the completion of the bathroom (which is the purpose of the refinance), or to go as-is and let the lender deal with it. Not sure if CB4 applies here.
What would you do?