On Friday of this week, I am going to a seminar on FHA appraising. I'm on the FHA list but have not had that much experience. However, in the past two weeks, I've gotten six requests for FHA appraisals so I am venturing to Las Vegas to get the low down from the big guys themselves. That is right, there will be five representatives from HUD to train appraisers and answer questions about the requirements for appraising a property under FHA. Many people do not even know that appraisers no longer need the VC form addendum and that for SFR appraisals, you simply need the 1004. Actually, you use the same forms for Fannie Mae/Freddie Mac loans that you do for FHA. However, the same requirements still exist to explore a residence thoroughly and comment in the comment addendum about it. After my class, I will update more.
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Tuesday, April 15, 2008
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You can find great local Stevenson Ranch, California real estate information on Localism.com Dawn Walker is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
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