Published at Sunday, April 15th, 2018 - 17:27:54 PM. Flooring. By Adorlee Gacnacreux.
Financial institutions usually don't have much experience with log homes. Lenders follow Fannie Mae's guidelines to appraise a property by comparing its value to that of similar homes which have sold in the past year. This can mean the appraiser must find at least three log homes which have turned over in the same county in the past year - hard task iin many areas. However Fannie Mae considers log homes to be in a class with "rustic-construction" bungalow style house plans; therefore any rustic home can be used in the comparison (have the appraiser or the mortgage loan officer contact FNMA to obtain clarification).
Changing a new flooring system is usually a stressful affair mainly because of the expenses and the difficulty in choosing the right one. It certainly helps a lot to know that there are dedicated companies such as Mannington that understands your demands and anticipates your preferences and needs before you can ever think of it. Several decades of enjoying unprecedented success in the flooring industry would tell you that Mannington have works every inch of its way to the top.
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