inspection reports: Structural Requirements for FHA Loans
- 06/27/18 07:33 AM
FHA Appraisers have certain requirements that go above those required of a Conventional Appraiser. Because of that, FHA Appraisals are more detailed, and are usually at least $50 or more expensive. Structural Requirements for FHA Loans means that the Appraiser must note that the Utilities are on, and that the systems are in working order.
Some of you may not realize it but I’ve been in this business as second generation mortgage banker for several decades. I have my FHA Underwriter designation and after he retired, my dad became an Appraiser. With Sellers being picky about accepting a FHA Loan Offer, I wanted … (1 comments)
|
|
|
|
FHA Appraisers have certain requirements that go above those required of a Conventional Appraiser. Because of that, FHA Appraisals are more detailed, and are usually at least $50 or more expensive. Structural Requirements for FHA Loans means that the Appraiser must note that the Utilities are on, and that the systems are in working order.
;)
;)
;)
