I'm selling a rental property we've owned for over 20 years. We have a a signed purchase agreement, but the bank is asking for sheathing on the exterior of the chimney. The exterior of the chimney is concrete block. Anyone know if siding, brick or stucco is required on the exterior of a chimney in Indiana? If so, what's the cheapest exterior, stucco?
@Craig Hartwick Is this an FHA loan the buyer is getting? Have you asked to see the specific verbiage they are referring to? That may tell you what they are wanting..
@Craig Hartwick I talked to an appraiser friend of mine, and he said he knows of NO rules from Fannie, FHA or VA that dictate this requirement...