HUD Handbook 4000.1 II.F.3: Commencement of the Appraisal

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
page 1164 of 1872

Page 1164

3. Commencement of the Appraisal (05/09/2022)

The Appraiser must obtain all of the following from the Lender before beginning an appraisal:

• a complete copy of the executed sales contract for the sale of the Manufactured Home and land, or, if the Manufactured Home and land are being purchased separately, the executed contract for each;
• the land lease, if applicable;
• surveys or legal descriptions, if available;
• any other legal documents contained in the case binder; and
• a point of contact and contact information for the Lender so that the Appraiser can communicate any noncompliance issues.

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