After six months they will use current appraised value based on the condition the property is in at the time of appraisal.So... yes. 

@Vivek ShahBack in 2017, Fannie Mae quietly announced a change that allows transfers to LLCs under certain conditions:"The mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence)."

I'm reviewing my social presence to see where I can separate myself from the pack.

They want be able to sell a homes that is in horrible condition for a million bucks.

NOTICE OF CONDOMINIUM ASSOCIATION LIEN FORECLOSURE SALE WHEREAS, default has been made in the terms and conditions of the Declaration for Prairie Bend Condominiums (henceforth the Declaration) dated May 31, 1995 and recorded in the Office of the County Recorder in and for Scott County, Minnesota on May 31, 1995 as Document No. 353122 as amended by Doc.

The binder is valueless unless all conditions have been satsfied including the premium for the policy(ies) being paid in full.

However, when you enter the unit you may find it is not in showable condition.

I used to be a credit manager and go around the country picking them up from major customers.Here is a sample of what one looks like: Personal guarantyIt ranges from a limited and conditional to unlimited and unconditional. 

This was in good condition.

I wouldn't be concerned about "double appliances" to be honest, most will come with appliances and if something breaks down, you can always find fairly good condition used ones on places like craigslist inexpensively, and I make sure in my lease to state that things like washer/dryer/refrigerator are tenants responsibility to have repaired.