Understanding Home Appraisal Repairs | Quicken Loans Education

Published on Aug 26, 2016
Whether you’re buying, selling or refinancing your home, there may be some required repairs to complete before you can close on your loan. Repairs are commonly required by mortgage lenders to make sure you have a safe investment and that you and your family are safe in the home. The most common reasons repairs are required include federal requirements for an FHA loan and health or safety issues, such as mold or a crack in the foundation. To learn more about real estate mortgage appraisals, visit https://www.quickenloans.com/appraisal-process

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