Great news! No need for an appraisal. Or is it really??
Town & Country Residential Appraisals
APRIL 10, 2023
Click on this link to view the actual document as released by Fannie Mae on March 1, 2023 [link] They have changed the term “Appraisal Waiver” to “Value Acceptance”. There have been plenty of times I have showed up to complete a repair inspection or final inspection on a new construction and it was not completed.
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