re: Buying Property Must Do's

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Not to mention how FHA handles appraisals and repairs


Horrible on appraisals. VA is bad as well. Last 2 houses I had with VA loan were awful on the appraised value. Not even close. Had a new build that the VA appraiser said is only worth 280k. I couldn't build it for that. 4 bed 3 bath home walkout with a nice covered deck. In the end did me a favor and sold it for 30k more than original list. Still a pain in the butt. Try to avoid VA or FHA if you can when selling.

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Low appraisals happen with convetional just as much.

VA has tidewater, where you get to appeal a low one before it's final, unlike with Convetional. You can appeal convetionals but after it's set in stone, it's very hard even with the appeals proces.

VA tidewater appeals process is 1000 times easier to get value up.

VA is the best loan product there is imo. No down payment required so it's easier to make an appraisal gap since the buyer doesn't have to bring a dime to the table.