refinancing and appraisals
Hello all I'm a first time poster here.
We currently partially own a house with my parents who have the 20% required by the bank on their home. They have recently sold to move into a retirement home and are getting our property refinanced to cover that 20%.
We need the house to be valued at at least $400,000 which is $150,000 less than the cheapest house in the street.
Now there is a bit of work that needs to be done to it, some walls haven't been painted, there are a couple of stains on the carpet, and some of the garden beds in the back are just sand.
My parents are extremely worried that due to these issues the house isn't going to come in at value and they are going to have to pay out of pocket. The valuers are coming around tomorrow (this has all happened very fast), and I was wondering if anyone could recommend some things to do that are quick and simple.