FHA Updated Valuation Protocol FAQs
FHA Updated Valuation Protocol FAQs Revised 01/24/13
FHA has updated the Valuation Protocol FAQs posted on the FHA Appraiser Roster web page. The most recent FAQs can be found on page 27 of the document and provides clarification for what constitutes an acceptable conventional heating system. You can periodically review the FHA Appraiser Roster web page for alerts on recently published Mortgagee Letters of interest and other pertinent announcements.
The publication contains the following topics:
- New Construction
- Wood Destroying Insects/Termites
- Utilities – Well and Septic
- Inspections & Certifications
- Cost Approach
- Accessory Dwelling Units
- Manufactured Housing
- Two Unit Properties
- HECM Appraisals
- Lender Concerns
- Reconsideration of Value
- 203k loan/Eligible Repairs
- Appraisal Portability
- FHA Appraisals
- Title Concerns
- Conventional Heating System
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