Plumbing and electrical are up to code, but I am sure that the city will request other modifications.

Quote from @Devin James: We’ve slowly been improving our homes the more we’ve built and the more feedback we get from our Buyers2021 – Added 8ft doors throughout the home2022 – Added a new elevation with stone in the front of the home2023 – NO carpet in the bedrooms, LVP throughout the home2024 – Added hurricane impact windows & new color options2025 – Adding Ceiling FansGotta be open to feedback and adjust accordinglyThis can be the difference of your home sitting on the market for 4 months vs 1 month where's the modifications and pictures?

The design was great, but they hadn’t accounted for the structural modifications needed.

The borrower has already signed the warranty deed, it’s being held “in escrow” pending the fulfillment or non fulfillment of the forbearance or modification. 

If you are making modifications to the heating and air conditioning space of the property it is usually wise to pull a permit.

In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork. you can do a loan modification, which an attorney can draft for you or the loan servicer you are using can also draft it for you and you can give them the terms to review the documents.Also make sure to check with the requirements as in some states the loan modification will also need to be recorded.Happy to chat offline about more info on how to do a loan mod, we do them all the time (it does not matter whether its seller financed or an agency loan)

I'd estiamte a pricetag of $20k including panel upograde (although you didn't mention size of house).Problems below vvvv*Unsafe modifications are far more common with K&T wiring than they are with Romex and other modern wiring systems. 

Refinances, it is more obvious as there will be modifications to the property that are evident on the appraisal.

We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.  

Here’s what made a difference for us:🔹 Mortgage Relief – Many lenders offer disaster relief options like payment pauses or loan modifications.