Tag Archive for: health and safety issues

Appraisal Condition/Health & Safety Issues to Watch For!

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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!

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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 Condition/Health & Safety Issues to Watch For!

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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

“Save This Deal, JVM!” Appraisers Can’t Ignore Glaring Issues

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We got an email from a Realtor that said: “Save this Deal, JVM.” I point that out b/c we get similar emails every week b/c rookie loan officers at other […]Read More

Condition: Old, Tired, Worn Is OK; Health/Safety/Structural Not OK

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We recently had a Realtor call us about a property that was formerly used for the “production of medicine” (aka a pot farm). He asked whether the appraiser would call […]Read More

Homes In Poor Condition Revisited – Reports & Visible Repair Needs

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We currently have an escrow that is stalled b/c the property has significant condition issues that we were not aware of until the appraiser inspected the property. There is conspicuous […]Read More

Escrow Holdbacks/Post Closing Repairs OK At Some Lenders

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We recently had a transaction with an entire bathroom incomplete and under construction. Our investor funded the deal before the work was done with the following conditions in place: (1) […]Read More

Property Condition? What Is “Lendable?”

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Properties can be very “tired” looking and still get financing (with repair requirements). Very old appliances, worn counters, worn floor coverings, dated decor, old roofs, faded paint, a few holes […]Read More