VA Cash out refinance appraisal MPR
Working on a cash out VA refinance and looking for some feed back on what I should be concerned about regarding the appraisal. We are refinancing to take out cash for some much needed home repairs. There are a few things Im concerned wont stand up to the VA MPRs and Im wondering if they are any more lenient with a property thats already being lived in vs a new purchase. Some of the issues im concerned with are wood single pane windows with old termite damage ( house was tented 4 years ago no active issues)
water damage on eves of roof from rotten gutters. ( should I repaint this before they come out? )
Peeling paint of window frames ( home was built in 1950s)
Moss on bottom of siding on side of house
the home appraised for 875,000 through a standard appraisal a few years ago so im not worried about the overall value. I just want to make sure it will pass the VA appraisal.
Any advice would be greatly appreciated.