Updated over 11 years ago on . Most recent reply
Will the lack of fencing affect the appraisal value, or be a lender repair?
The rear side from the alley has no fence. I suck at math but I would guess it's somewhere around 50 linear feet of missing fence. The other two sides to the property are in perfect shape. Luckily for me the buyer is ok if I don't do the fencing. I'm selling this property for top dollar and I was wondering if the no fence will affect the appraisal value, or if it will be a lender requried repaired. The buyer is a first time buyer doing 5% conventional.