Note: This page is actually current within the and include the latest advice towards FHA appraisal recommendations and requires getting 2021.

When you use a keen FHA loan purchasing property, the house or property will have to be appraised and you may checked by the an effective HUD-acknowledged domestic appraiser. This person should determine the current market value of the home, and also will test they to make sure it fits HUD’s minimal property standards. Read more