VA appraisals can feel like a deal-killer — but not every required repair is the end of the road. In this video, I explain the VA Minimum Property Requirement (MPR) Waiver, including when a veteran may be able to submit a Letter to VA asking them to override certain VA-required, non-safety repairs identified by the appraiser. This is not a loophole, and it doesn’t apply to health or safety issues — but in the right situation, it can keep a VA deal moving instead of falling apart. 👉 Watch the vi
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VA appraisals can feel like a deal-killer — but not every required rep…
22 views3 weeks ago
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When calculating offers in real estate, aim for 70% of the property's after-repair value (ARV), adjusting slightly based on your market. Repairs costs are categorized as cosmetic, fair, or poor. Multiply the square footage by the condition multiplier (cosmetic: 60, fair: 90, poor: 100) to estimate repair costs. For example, if a home's ARV is $200,000, take 70% ($140,000), subtract repair costs ($90,000 for a 1,000 sq ft home in fair condition), and you get $110,000 as your offer. This method he
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When calculating offers in real estate, aim for 70% of the property…
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