HUD Handbook 4000.1 I.B.1.a: Definition

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
page 104 of 1872

Page 104

a. Definition (09/14/2015)

Appraiser refers to an FHA Roster Appraiser who observes, analyzes, and reports the physical and economic characteristics of a Property and provides an opinion of value to FHA. An Appraiser’s observation is limited to readily observable conditions and is not as comprehensive an inspection as one performed by a licensed home inspector.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.