Is Your Property Appraisal Ready
Preparing for an appraisal inspection can pay huge dividends. According to Homes.com, appraisal problems cause about 13% of contracts to fail or delay closings.
Don’t let these common repairs put your closings in peril! Here are a few things to look out for to help ensure a positive and accurate appraisal.
- Smoke detectors
- CO2 detectors
- Peeling paint
- Water stains
- Water heater double straps
- Water heater downward facing pipe (pressure relief system)
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.