Housing Wire

FEBRUARY 8, 2022

Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible. Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal.

Appraisal 370

Appraisal Appraisal Process Valuation Renovations 370

AmeriMac

MARCH 29, 2024

One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan. Meeting these eligibility criteria is the first step in applying for a reverse mortgage.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

McKissock

OCTOBER 12, 2021

Because the house is in a registered historic neighborhood, returning it to the character of its age is warranted rather than modernizing, which would add to the project cost. I put on both my appraiser and remodeler hats, performed a detailed walk-thru, and priced out the cost to hire everything done, and the estimate is right at $90,000.

Appraisal 84

Appraisal Market Value Investors Buyers 84