A property with a swimming pool is acceptable collateral for USDA per recent update which states:

pools are allowed, however the appraiser cannot assign it any real value or state anywhere in the report that he is not assigning it value due to the USDA rule, further he cannot make any adjustment(s) to the subject or comps for having or not having a pool.

 

 

 

 

 

Happy Selling!

Justin Perry
Sr. Underwriter
Gateway Mortgage Group
1255
W. 15th Street| Ste. 540| Plano, TX 75075

972-908-3390 ext. 125| 918-392-8349 eFax

9/10/2009