Some Things Appraisers Notice May Surprise You The appraiser arrives at your house and introduces themselves. He or she tells you they will start on the outside of your home by taking some measurements and then look at the inside. During this process, which can take anywhere from 30 minutes to several hours depending on […]
An FHA appraisal is not a home inspection
June 22, 2017 By 4 Comments
FHA appraisal is not a home inspection I received an interesting question from a reader recently that I thought I would share with you today. This particular situation involved an FHA appraisal and the condition of the property. The buyer did not want to spend money on a home inspection and wanted to know if the […]
Does an appraisal stay with a property?
January 24, 2017 By 38 Comments
FAQ: Does the appraisal stay with a property? This week I had two people ask me a similar question so I thought I would share my answer with you. The question had to do with whether an appraisal report stays with a property, and if so for how long. In addition to that, they wanted to […]
What are the FHA rules for the roof?
November 15, 2016 By 9 Comments
FHA rules for the roof During an appraisal observation, the appraiser is required to identify and report all “readily observable” adverse conditions of the roof. You should know that what the appraiser does is not the same thing as a home inspection and it should not be considered one. In fact, there is even a […]
What is the FHA rule for appliances?
September 13, 2016 By 9 Comments
Understanding the FHA rule for appliances Are you confused about the FHA rule for appliances in the homes you are selling? If so you will want to continue reading so you’ll understand how it is handled in the appraisal. Agents that are proactive will help expedite the appraisal process and minimize delays in closing. Are appliances […]
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