Banks are very adverse to risks and one of the biggest oversights that home buyers misunderstand are lender required repairs. Whether you are obtaining a government-insured or FHA loan, you'll need an FHA appraisal. If you're getting a conventional loan, you can get by
with a conventional appraisal. FHA appraisals are stricter on requiring
repairs. The financial institution will not lend the borrower the money, unless repairs have been made to the home prior to closing.