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Cosmetic vs. MPR Repairs: Guidance for FHA Appraisers

McKissock

Subject to the following repairs or alterations ( list them ) on the basis of a hypothetical condition that the repairs or alterations have been completed,” if the property needs repairs in order to meet MPR. Conditions that require inspection. Other conditions requiring inspection. Download the free guide.

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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. An intense dog odor permeated the house. When asked about the cost to remediate, there were a couple wild guesses.

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

HomeLight

The lender releases funds as work progresses, subject to inspections. Government compliance and inspection requirements apply. Government compliance and inspection requirements apply. Extensive remodels when you want to borrow money based on your home’s post-renovation value for LTV purposes. Limited FHA 203(k).