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Updated over 1 year ago on . Most recent reply

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9
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3
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Jeffrey Audije
3
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9
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Attempting to refi out of a 3.5fha at 6months

Jeffrey Audije
Posted

I’d like to refinance out of 3.5fha and cash out after the 6month mark. I’ve added solar panels to increase the value of the home along with flooring and cosmetic renovations. 

Have you guys seen large jumps in value after adding solar panels?

Is landscaping a factor when it comes to appraisal?


We got the home for 270k and comparable homes in the area range from 330k-350k.

Most Popular Reply

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235
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255
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John Chong
  • Lender
  • Houston, TX
255
Votes |
235
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John Chong
  • Lender
  • Houston, TX
Replied

Don't see much value add for solar panels. Landscaping doesn't add value either. It will help the appraiser know that the property has been taken care of but not a value add. Most of the value add will be in the interior.

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