Yesterday I had another incompetent FHA appraiser screw up one of my deals because of loose carpet, and a missing rod in a stairway banister. Not sure if the deal is going to close on time or not or at all for that matter. The government has once again prove that whatever they touch just gets worse. I am not the only agent having these issues, I have heard some doosies about FHA appraisers screwing things up for ridiculous and inconsequential reasons.
When will we realize that the government is only capable of doing a few things well. The rest of the jobs should be left to competent private sector people. The governments job is to protect our country and our people by upholding the rule of law. Their job is not to underwrite loans, when will we say enough is enough. Ok, so the mortgage companies screwed a lot of stuff up, now lets regulate them and make sure they do things the correct way.
I have had enough of the FHA and wonder if you are tired of it also? I would be interested in hearing your thoughts.
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