Posted on: 04th Dec, 2013 02:05 am
My home had some storm damage for which a part of my house is being gutted and remodeled. When can I get reappraised and refinance?
Hi Kelvin,
As far as I can understand, repairs are in progress. You will have to wait till the repairs are complete. Then you can reappraise the property and apply for a loan.
Take care
As far as I can understand, repairs are in progress. You will have to wait till the repairs are complete. Then you can reappraise the property and apply for a loan.
Take care
Hi Kelvin!
Welcome to the forums!
Sara is right in saying so. You should give some time to get all the repairs completed. Once that is done, the appraiser can appraise the property. Then, you can decide about refinance.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
Sara is right in saying so. You should give some time to get all the repairs completed. Once that is done, the appraiser can appraise the property. Then, you can decide about refinance.
Feel free to ask if you've further queries.
Sussane
To refinance will require that the rapirs be completed first.
If you need to refinance to get the money to make the repairs, take a look at FHA 203K.
If you need to refinance to get the money to make the repairs, take a look at FHA 203K.
