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Royal United Mortgage LLC thanks all those who have served in the military. Royal offers VA loans and is active helping veterans through various organizations.. Things to Consider When Scheduling an Appraisal: Condition of the Property Things to Consider When Scheduling an Appraisal.
Seth Williams is a land investor and residential income property owner, with hundreds of closed transactions and nearly a decade of experience in the commercial real estate banking industry. He is also the Founder of REtipster.com – a real estate investing blog that offers real world guidance for part-time real estate investors.
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For most lenders, including Royal United Mortgage LLC NMLS# 13390, a minimum property rating of C4 is required in order to lend. A property in C4 condition has been adequately maintained and requires only minimal repairs to building components and/or cosmetic repairs.
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Property Condition. Real estate agents can help better target your home search by focusing on properties that are likely to meet the VA’s appraisal guidelines and lender requirements. The VA appraisal is meant to help veterans and service members purchase homes that are safe, sanitary, structurally sound and appropriately valued.