Have you talked to a realtor in your area? They usually have a pretty good idea about appraisal values and that kind of thing. There are a few things that you need to consider when it comes to home appraisals. I'm sure water damage is a big factor. http://www.fdrestoration.com/... more
Michelle, I couldn't possibly add any more to shanes answer. He hit it right on the head. Any piece of that puzzle not there and the chances of obtaining finances are very slim. I am a licensed loan officer into the state of Texas and would be happy to assist you and your clients. Feel free to contact me at any time.