Q: I am an FHA certified real estate appraiser. In one of your articles, you painted an inaccurate picture of FHA appraisers, stating that they are not qualified to identify defects in a home.
The Federal Housing Administration (FHA) this week announced that the ability for property appraisals to be conducted via an exterior-only inspection – a core relief component for the reverse mortgage ...
An FHA appraisal assesses your home’s market value and condition to determine whether it’s both safe to inhabit and a good investment. You’ll need to pass the FHA appraisal to receive an FHA loan for ...
The Appraisal Institute, the nation’s largest organization of real estate appraisers, has celebrated a significant victory for the appraisal profession in the wake of the Federal Housing ...
In the summer edition of the Federal Housing Administration (FHA) Appraiser Newsletter, the FHA re-emphasizes the importance of appraisers correctly documenting any seller concessions on a property ...
On July 14, 2011, HUD published a proposed rule in the Federal Register (76 FR 41441) designed to make FHA's Appraiser Roster regulations regarding eligibility requirements of appraisers to qualify ...
When Perry "Pat" Turner Jr. visits a house to do an appraisal, he usually just brings a camera, a note pad and a measuring device. But lately, the Richmond, Va., appraiser had to carry an expandable ...
Britney Crawford, James Wright Jr. On March 19, 2025, the Federal Housing Administration (FHA) issued Mortgagee Letter (ML) 2025-08 titled “Rescinding Multiple Appraisal Policy Related Mortgagee ...
When selling your home, the goal is to get lots of strong offers from well-qualified buyers. Some of those offers may come from borrowers using loans backed by the Federal Housing Administration (FHA) ...
Last week the HUD published Mortgage Letter 2008-39 which imposes new requirements on appraisers who want to remain on FHA’s Appraiser roster, as required under the Housing and Economic Recovery Act ...
Q: My wife and I put a very good offer on a house in West Mayfair, but the seller turned it down because we are using an FHA loan. We don’t have enough money saved to switch to a conventional loan.