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Cosmetic vs. MPR Repairs: Guidance for FHA Appraisers

McKissock

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. When examination of existing construction reveals non-compliance with MPR, you (the appraiser) must: Note the repairs necessary to make the property comply.

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

McKissock

four-year-old masonry house of well above average quality construction. 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. An intense dog odor permeated the house.

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

HomeLight

Remodeling Magazine estimates project costs using Clear Estimates remodeling software , creating detailed construction estimates for each project, and adjusting the cost for each market to account for pricing variations. The lender releases funds as work progresses, subject to inspections. 95%, or 97% with homebuyer education.