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FHA loan appraisal requirement

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jk9999 Joined: 15 Jul 2009 Posts: 111 1.82 Dollars($)	Posted: Wed Oct 14, 2009 11:31 am    Post subject: FHA loan appraisal requirement Like 0 Dislike 0 Hi all, i have a question for first home buyer FHA loan. I know the FHA loan appraisal is very difficult to pass and it has specific inspection requirement too. so i am looking for the specific requirement, say, which has to be fixed before closing the deal, exterior and interior. please give me some specific guideline or info. Thank you very much !!!!
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12346 Location: bloomfield, ct 53.01 Dollars($)	Posted: Wed Oct 14, 2009 12:56 pm    Post subject: Like 0 Dislike 0 appraisers all look at property the same way, whether for a conventional loan or an fha loan. if there are safety issues, appraisers will comment on them for either loan type. if there are repairs that are essential, these will be commented upon and resolution will be required. fha appraisals are much closer akin to conventional appraisals than ever before. _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044

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