Appraisal tips! Be smart – Save time and money by checking the home for the top 5 deficiencies BEFORE the appraiser sees the property!
Appraisers love to earn extra money by doing a re-inspection. Here are the top 5 reasons that you will have to pay an appraiser to go out for a 2nd inspection:
- No Carbon Monoxide detectors in the home
- Hot water heater is not double strapped
- Unpermitted additions to the property
- Clear termite damage
- Chipped paint
These are some of the most common “surprises” to come up during a finance transaction. While easily remedied, we recommend a simple double check prior to the arrival of your appraiser so that the only surprises you get during your experience are pleasant ones like, “Surprise, we finished early!”.
Happy Mortgage to you!
Michael DiVita and the DiVita Home Finance Home Loan Team
For any and all mortgage information, email Mike@mycahomeloan.com or call 1 800 239 1103.
About Michael
Michael DiVita, President of DiVita Home Finance, Inc., is a 20 year veteran of the mortgage industry. He has been involved in thousands of loan transactions. Recognizing that the mortgage process needs overhauling, Michael has been investing in and leveraging technology to provide his clients a better mortgage experience. Please subscribe to his blog to receive weekly, relevant mortgage/real estate news
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