Essexfenwick
Member
- Joined
- Apr 24, 2020
- Professional Status
- Certified Residential Appraiser
- State
- Maryland
Waivers will skyrocket with the new form
Not with VA, private clients, Citi Private Bank and Manufactured Homes in parks, Multi Family over 4 units (which comprise 80% of my business).Waivers will skyrocket with the new form
The multi-family 2 to 4 unit on the new 3.6 looks just awful to complete. In the last area I worked I was one of a few that would do 2 to 4 family units. No one wanted to touch them. I got paid well, but they were a headache.Not with VA, private clients, Citi Private Bank and Manufactured Homes in parks, Multi Family over 4 units (which comprise 80% of my business).![]()
This is the end game with 3.6Waivers will skyrocket with the new form
Sure, and the underwriters and reviewers are mostly not familiar enough with this property type to deal with them, regardless if its 2.6 or 3.5uad.The multi-family 2 to 4 unit on the new 3.6 looks just awful to complete. In the last area I worked I was one of a few that would do 2 to 4 family units. No one wanted to touch them. I got paid well, but they were a headache.
VA will just watchNot with VA, private clients, Citi Private Bank and Manufactured Homes in parks, Multi Family over 4 units (which comprise 80% of my business).![]()
VA will eventually give the panel the option for 2.6 or 3.6, just watch!VA will just watch
Im glad we are not the only one dreading this S*!t Show!!The multi-family 2 to 4 unit on the new 3.6 looks just awful to complete. In the last area I worked I was one of a few that would do 2 to 4 family units. No one wanted to touch them. I got paid well, but they were a headache.