Handrails: Are They Needed or Not? If you’re looking to purchase a home and you’re financing it with an FHA loan, the property will need to meet certain requirements to be approved for the loan. These requirements pertain to the handrails and porch railings of the property. In this blog post, we’ll discuss the FHA […]
What Is The FHA Rule For Plumbing?
May 2, 2019 By 6 Comments
A Look At The FHA Rule For Plumbing I had an FHA appraisal this week where I ran into some problems that I want to share with you. I’m doing this because I thought that agents might benefit from knowing the FHA rule for plumbing to help prevent possible delays in the appraisal process as […]
Thank you NAR
May 24, 2016 By 6 Comments
Thank you NAR (National Association of REALTORS®) I thought I would take a break from my typical type of appraisal post to thank the NAR publicly on behalf of all appraisers. As many in the real estate field may be aware, last year the Federal Housing Administration (FHA) made changes to their FHA handbook that increased […]
5 Things Agents MUST Do Before Every FHA Appraisal
November 17, 2015 By 15 Comments
5 Things Agents MUST Do Before Every FHA Appraisal Can you think of anything worse as an agent than for the appraiser to make a final inspection necessary for one of your FHA sales? Ok, maybe there are some other scenarios that would be worse but let’s talk about the appraisal today. An appraisal reinspection […]
How new FHA guidelines could cause appraisal costs to increase
October 13, 2015 By 4 Comments
How new FHA guidelines could cause appraisal costs to increase On September 14, 2015 the Federal Housing Administration (FHA) came out with a new and updated Single Family Housing Policy Handbook, also known as HUD Handbook 4000.1. This new handbook replaces the old 4150.2 handbook that appraisers have been using. The new policies in the […]
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