Tag Archive for: appraisal conditions

Appraisal Reviews = Collateral Reviews = CDAs = DELAYS (Mostly For Jumbo)

The appraisal review requirement is one of the reasons why jumbo loans take at least a week longer to close than conforming (Fannie/Freddie) loans.Read More

Appraisal Condition/Health & Safety Issues to Watch For!

Realtors are often frustrated about “condition” and “health & safety” issues that get called out by appraisers, and they come to us for guidance. They obviously want to avoid getting […]Read More

Appraisal Conditions and Health & Safety Issues to Watch For!

Realtors are often frustrated about “condition” and “health & safety” issues that get called out by appraisers, and they come to us for guidance. They obviously want to avoid getting […]Read More

Why Underwriters Request Inspections; Handyman Before Appraiser

We recently had an “as is” transaction blow up because the appraiser called out significant wall cracks and dry rot. Appraisers can turn a blind eye to minor deferred maintenance, […]Read More