Posted by SCook85 on June 19, 1999 at 16:25:17:
Only one of my lenders requires appraisals. I have to order one from his appraiser everytime I get a home financed through him.
They will lend repair costs in most cases. I have learned to estimate them much better then when I started just by having to write checks for previous rehabs.
For instance I know now that my windows are going to cost $172 installed everytime, and carpeting will run about $1000 for an average sized home and kitchens run me about $1500-$2000 fully installed. I get much better with my numbers as I go.