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

Posted on: 14th Jan, 2009 11:55 am
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.
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.
Posted on: 14th Jan, 2009 01:16 pm
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