Avoid Headaches With These 5 Tips For FHA Appraisals The market is hot and sales activity is increasing. If only we had more listings, right? I’ve noticed recently in this frenzy of activity that those in the real estate industry, including mortgage lenders, agents, and of course appraisers, seem to be burning the candle at […]
How NOT to dispose of peeling paint for an FHA appraisal
May 9, 2012 By 3 Comments
I wanted to share a photo with you that I took recently of a home I was appraising. It was for an FHA appraisal of an older house built prior to 1978. You may wonder why the year 1978 is so important, so I will tell you. It was in 1978 that lead paint was […]
Are these FHA required repairs?
January 20, 2012 By 6 Comments
I was doing some work recently for a novice property investor and he was asking me some questions about FHA required repairs. He wanted to prepare the house he just purchased so that if the buyers were going to use FHA financing there wouldn’t be any issues at the last minute to hold up the […]
FHA Repair Item…or Not?
July 5, 2011 By 4 Comments
I get a lot of questions about FHA appraisals and what types of repairs are required, and which ones are not. As I have stated in a previous blog post, most items of repair in an FHA appraisal are related to safety, soundness, and security. Some items will definitely need to be repaired before the […]
Birmingham, Alabama Real Estate Agent Tips: What is an MPR?
October 27, 2010 By 11 Comments
I talk with real estate agents quite a bit in my day to day work as a real estate appraiser. It seem like FHA appraisal requirements are the most confusing to them in relation to what appraisers look for during our appraisal inspections. By knowing what an appraiser looks for, the agent can better prepare […]
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