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Updated almost 11 years ago,
Will the lack of fencing affect the appraisal value, or be a lender repair?
The rear side from the alley has no fence. I suck at math but I would guess it's somewhere around 50 linear feet of missing fence. The other two sides to the property are in perfect shape. Luckily for me the buyer is ok if I don't do the fencing. I'm selling this property for top dollar and I was wondering if the no fence will affect the appraisal value, or if it will be a lender requried repaired. The buyer is a first time buyer doing 5% conventional.