Loan Application in Process BEFORE the Disaster

Loan Applications in Process BEFORE the Incident Period Dates Of the Disaster Occurrence


If appraisal has been performed:

The original appraiser, another licensed appraiser or a licensed real estate professional must perform and complete the (RES 0520) Property Condition Certification.

IF damage is evident, the property must be repaired, re-inspected by an appraiser. The appraiser must complete and provide an Appraisal Update and/or Completion Report – Form 1004D, and certify that there has been no decline in value.

If NO Apprasial Inspection was required PRIOR to the Disaster:

A licensed real estate professional, or another eligible source (i.e., appraiser, general contractor, or home inspector), must perform and complete the (RES 0520) Property Condition Certification, and

If damage is evident, the Inspection Waiver will not be allowed and the minimum level of property fieldwork, as specified on the Austomated Ubnderwriting System Findings, must be obtained.

Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. With personal production of 8MM in real estate sales across Southern Wake County I am considered to be a local market expert in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603, 27604, 27606, 27609, 27610)) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183