FHA appraisals need to be completed subject to a termite inspection. This article explains the FHA/HUD requirements and how they have been misunderstood.
FHA Tip: Turn The Water On To Save Your Borrower Money
March 14, 2010 By 4 Comments
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 […]
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