All Forum Posts by: Samantha Hiscock

Actually, you can. My homeowners policy lists German Shepherd as a "dangerous breed" and will not insure the property if that breed is there. You absolutely can deny it for that reason, and I have done so in the past. 

I have also denied multiple "terrier mixes" (aka pitbulls) and used the insurance company as the reason. There is a difference between denying a dog and denying a breed. 

To purchase property using an FHA loan the seller must have owned the property for 90 days. So it can't be a "quick" flip, but that is also often the reason for the 2nd appraisal. If the seller had only owned the property between 90 and 180 days usually a 2nd appraisal will be required. After that 6 month mark you should be in the clear and only need 1.

I bought a Bosch dishwasher about a year ago and love it. Its about 38 decibels and is so quiet I don't realize its running.  There is a red light that illuminates on the floor to indicate its running.  The Bosch is a little pricier than some, but I was able to wait until they were having a sale and only paid about $980. Well worth it in my mind. 

My understanding is that the FHA guidelines say that if the seller is making a 20%+ "profit" from the previous sales price that 2 appraisals are necessary. However, I purchased a home using an FHA loan with this same issue and our lender (Quicken) required us to wait until the sellers had owned the property for 6 months to avoid the 2nd appraisal.

Bottom line: 2 years is excessive. As long the seller has waited the required 90 days, pay for the 2nd appraisal and there should be no issue.