As I have been working with investors that are rehabbing homes to resell, often the question comes up, WHAT IS NEEDED IN A HOME in order to get financing for a loan or to pass an appraisal?
Below is a list that you may use to help you out regarding these items:
FHA VHDA VA CONV RD
stove
NO. NO. NO. NO. NO
fridge
NO. NO NO. NO. NO
working sink
YES. YES. YES. YES. YES
cupboards
YES. YES. YES. YES. YES
dishwasher
NO. NO. NO. NO. NO
flooring
YES. YES. YES. YES. YES
YES=NEEDS FOR FINANCING
NO=NOT REQUIRED
As Always, I am here to help you with anything Real Estate when you need me!
Eunice Waller
Prudential Simpson & Assoc.
540-842-1061