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Cosmetic vs. MPR Repairs: Guidance for FHA Appraisers

McKissock

” Here is some guidance on cosmetic repairs vs. When can an FHA appraisal be completed “as-is” vs. “subject to”? Subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed,” if the property is under construction. Cosmetic repairs.

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What’s that Smell Worth? Insights from a Seasoned Appraiser

McKissock

In one of my pre-license class field trips to inspect a house that was on the market, it was obvious to all 28 students why the house had been on the market so long. For example: I had an assignment to appraise a 3,500 sq. four-year-old masonry house of well above average quality construction. How do appraisers address these odor issues?

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What It Costs to Remodel a Kitchen: Here’s the Typical Price Tag

HomeLight

Plus, upgrading the heart of the home attracts buyers and helps raise home value. But before you can host your next dinner party in your dream kitchen, you’ll have to drum up the cash for upgrades. So just how much is it to remodel a kitchen? If you’re planning to replace your cabinets. Countertops: $825 – $3,850. Appliances: $320 – $4,030.