sgip
Well-known member
State of California requires Carbon Monoxide (CO) Detectors in a home whenever a property is sold. Most lenders are now requiring the installation of CO Detectors on refinance transaction. If you're thinking of refinancing, stop by Home Depot before the appraiser comes out and pick up a plug in wall unit. If it's not there the appraiser will have to go out and re-certify it's there ($150 per revisit....)
Not all lenders have jumped on this bandwagon, but we're seeing more of them every day start asking for this feature to be noted by the appraiser.
Although the CO detector issue is for real, the next thing you know they'll also want detectors for that most dangerous of chemicals - dihydrogen monoxide
My .02c.
Not all lenders have jumped on this bandwagon, but we're seeing more of them every day start asking for this feature to be noted by the appraiser.
Although the CO detector issue is for real, the next thing you know they'll also want detectors for that most dangerous of chemicals - dihydrogen monoxide
My .02c.