Home arrow Mortgage Forums arrow Property Appraisal arrow

Is it true an FHA appraisal can only be done every 6 months?

Author Message
Icon Mini Profile mbgarz





Joined: 14 Jan 2009

Posts: 1

1.25 Dollars($)
Post Posted: Wed Jan 14, 2009 12:55 pm    Post subject: Is it true an FHA appraisal can only be done every 6 months?
Like 0
Dislike 0

We are working with two different lenders and one says an FHA appraisal can only be done every 6 months, so the appraisal that came in higher isn't valid.
Icon Mini Profile apexoffice
apexoffice
Moderator



Joined: 09 Jul 2008

Posts: 192
Location: Atlanta, GA
55.87 Dollars($)
Post Posted: Wed Jan 14, 2009 2:16 pm    Post subject:
Like 0
Dislike 0

That is true. The first appraisal stays with the case number for 6 months. This appears to be quite a burden for a lot of people.
_________________
Benjamin Smith
Atlanta Area Appraiser
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.059 seconds.