Habitable Condition: Property must be in a condition that is immediately habitable and must contain:
• At least one fully functional bathroom (i.e., shower/tub, toilet, and hand sink).
• Other bathroom(s), if not functional, must be escrowed for repair.
• A fully functional kitchen with appropriate appliances (i.e., sink, cabinets, utilities to support a stove and refrigerator).
• Stove and refrigerator do not need to be present if they are not a built-in, as non-built in appliances are considered personal property. Comparables without appliances are not required.
• If stove and oven are built-in, they must be functional, or the space must be reconfigured to allow for appliance.
• Utilities (gas and/or electricity) and plumbing must be functional. If not available for testing, due to “winterization”
Illinois Residential Mortgage Licensee #MB.0006638 FL#MLD288 IN#11122 IA#2006-0064 MA#MC5413 MI#FL0012625 WI #19291BA NMLS# 19291\nCopyright 2011 aandnmortgage.com All rights Reserved. Privacy Policy
Hi, I’m Neena Vlamis and I am the President and Owner of A and N Mortgage. I have ranked in the Top 200 per Scotsman Guide Magazine for many years in a row and have been a Five Star winner consecutively for the last thirteen years. My razor-sharp focus has led the company to an A+ Better Business Bureau rating since its inception.
One Response to Does a Property Need to have Appliances?
Get Pre-Approved Fast!
Welcome to a better mortgage experience!
In just few minutes you can find out what you qualify for and explore multiple loan options and interest rates.
Complete our short and inuitive pre-approved interview to get started
Thank you for contacting A and N Mortgage Services, Inc. A representative will be contacting you as soon as possible to discuss. In the meantime feel free to visit some of our pages to learn more about us as well as our services.
One Response to Does a Property Need to have Appliances?