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Sun Point Appraisals Inc. : The one thing on a financial lendingappraisal report and only one thing regarding upgrades is a box on page 1 of the report. This box asks the appraiser to indicate if the kitchen and/or bathrooms have been updated within the prior 15 years.
How Appraisals Impact Mortgage Approvals in New Albany Mortgage lenders depend a lot on homeappraisals to lower their risk in lending. The appraisal process gives the lender an independent look at the home’s value. Keep in mind that a well-kept home looks better cared for.
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