Sat in on the FHA update telephone conference today. Very good presentation by the way. Anyone who missed it should go to http://www.fhaoutreach.gov/FHAHandbook/prod/index.asp and check out the new handbooks 4155.1 and 4155.2. they are searchable in their format and have hyperlinks throughout. If you have any problems or issues please contact me and I'll walk you through it. I have the power point presentation and know where you can get it on line.
Sorry no appraiser revelations to report they are working on this one. No 203k revelations either... possibly in about two months.
FHA appraisals DO NOT have to go through management companies at this time... The lenders who have built up a trust for an appraiser over many years of working together can still place their orders with those appraisers. ONLY FannieMae and FreddieMac appraisals must go through an appraisal management company.
203k Consultant and Trainer, Real Estate consultant, home design consultant, perform feasibility analysis pre 203k when needed to assist you in making an offer on homes needing repairs.
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