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 […]
An FHA appraisal resource guide and checklist for real estate agents
December 10, 2014 By 6 Comments
An FHA appraisal resource guide and checklist for real estate agents If you’re a real estate agent I hope this post will help you navigate through FHA requirements on your listings. I’ve written extensively about various items that set FHA appraisals apart from conventional loans. If you have an idea that a home you are […]
What you should know about FHA guidelines for attics if you want to sell your home
March 27, 2013 By 39 Comments
I received an email this week asking what the FHA guidelines for attics was from a person who wanted to sell their home. They wanted to make sure it met these guidelines just in case the buyer used an FHA loan. So I thought I would share my answer with you in case you might […]
What is an acceptable form of heating and cooling for FHA appraisals?
January 18, 2013 By 4 Comments
I get questions all the time from buyers, sellers, and agents, about FHA/HUD standards as it pertains to the appraisal and what may or may not qualify. The main principle, as I have written about in the past, pertains to health and safety issues. I am appraising a property now that uses a window unit […]
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