Hello all, I am new here. I'm purchasing a townhome in the Atlanta area. We have been through a million hurdles it seems just to purchase this home. We're using an FHA loan for it. We initially had it inspected and appraised, with only minor issues. Now, the underwriter is calling for another appraisal. It was done the other day but we are still waiting for the results. They had a few concerns that I'll mention below.
- Attic access Blocked by shelves in closet.
- "Exposed" Wiring on the outside of the home.
- Loose boards on the patio deck.
The sellers were supposed to fix this issues, but of course, they never did. Our realtor talked to them and they allowed us to go out there and fix them. I had no problem doing this because it only costs me the gas to get there.
While we were there we examined everything and made the appropriate repairs, Detailed below:
- Attic access Blocked by shelves in closet.
- We removed the shelving in the closet so the attic entrance had proper clearance beneath it.
- "Exposed" Wiring on the outside of the home.
- It appeared to be mostly old cables from an old satellite dish. All low voltage and relatively harmless. There were wires that were able to be taken down, so we did. Other wires were still there so we bunched them and organized them. Any exposed and frayed wiring was wrapped diligently in electrical tape.
- Loose Boards on the patio deck
- I took 4" screws meant for patios and drilled them in and secured every board. I also hammered down and extra nails popping up just to avoid that potential headache.
My concern with this re-appraisal/inspection is that our efforts will not be enough. This is the final hurdle we are trying to maneuver and I have serious anxiety the repairs will not be enough. Are there any appraisers here who could provide insight? Also would like to ask this; If it is just a re-inspection/appraisal, will they look at the entire home again? Or will they simply just look at the repairs underwriting was worried about?
Thank you in advance. The anxiety has been killing me.
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source https://www.reddit.com/r/RealEstate/comments/wvnwjr/fha_reappraisal/
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