Showing posts with label financing. Show all posts
Showing posts with label financing. Show all posts

Saturday, January 5, 2013

WHAT IS NEEDED IN A HOME...

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