Remember the movie “Dude, Where’s My Car?”, with Ashton Kutcher? I didn’t think so, it was not very memorable. These days Ashton Kutcher has more things to worry about than bad movies from his past, but the movie did come to mind when I saw this house. As you can see, it is missing [...]
Entries Tagged as 'HUD Minimum Property Requirements'
Dude, Where’s My Porch?
October 27th, 2011 by Tom Horn · 3 Comments · Appraisal, Photos From The Field
Tags:Ashton Kutcher·HUD·HUD Minimum Property Requirements·Minimum Property Requirements·MPR
FHA Repair Item…or Not?
July 5th, 2011 by Tom Horn · 2 Comments · Appraisal, Appraisal Tips, FAQ's, Home Improvement, Realtor Tips
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 [...]
Tags:Alabama FHA appraisals·FHA·FHA Appraisals·FHA repairs·FHA Tips·HUD·HUD Minimum Property Requirements·MPR
Birmingham, Alabama Real Estate Agent Tips: What is an MPR?
October 27th, 2010 by Tom Horn · 9 Comments · Appraisal Tips, FAQ's
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 [...]
Tags:Alabama FHA appraisals·FHA·FHA Loans·FHA Requirements·FHA Tips·HUD·HUD Minimum Property Requirements·MPR·Realtor Tips
FHA Tip: Turn The Water On To Save Your Borrower Money
March 14th, 2010 by Tom Horn · 4 Comments · Appraisal Tips
I recently did an FHA appraisal on a property. The home was relativily new so there were not major issues with peeling paint, inadequate electrical service, or other typical concerns. The only issue was the fact that the water had not been turned on. The property was a foreclosure so this is not untypical, however [...]
Tags:Alabama·Alabama FHA appraisals·Alabama Mortgage Loans·Appraisal·Appraisal Inspection·FHA·FHA Loans·FHA Requirements·FHA Tips·HUD Minimum Property Requirements·MPR·Realtor Tips·Tips
Realtor Tips For FHA Appraisals
February 25th, 2010 by Tom Horn · No Comments · Appraisal
In recent months FHA financing has been on the increase. With the decline of the sub prime lending market, and related creative financing programs, many lenders have been offering FHA loans to many homeowners for refinancing and home purchases. Current FHA requirements are not as stringent as they once were. If you are interested in [...]
Tags:Alabama FHA appraisals·Birmingham Alabama Real Estate Appraiser·FHA·FHA Appraisals·FHA Loans·FHA Tips·HUD·HUD Minimum Property Requirements·Realtor Tips
