Survey about FHA Assignments
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Tell them what it will take to get you to re-start FHA assignments.
A new ‘attitude’ survey about doing FHA assignments has been prepared by the Illinois Coalition of Appraiser Professionals (ICAP). ICAP has a planned meeting with FHA, and will use survey results in their discussion.
ICAP has asked that I distribute this, and by association, anyone who gets this may re-distribute via any other outlet, email list, etc.
It will take 4 minutes +/- to do this survey, depending on if you add additional comments at the end.
One item the survey does not ask about is if you have quit doing FHA assignments (but are still on the FHA approved list) since the 4000.1 Handbook came out. If you have, add that bit of news to the comment section. Tell them what it will take to get you to re-start FHA assignments.
All current approved FHA appraisers are encouraged to complete the online survey.
Thanks for your assistance!
From ICAP Website:
ICAP’s FHA Survey
All properties bought or refinanced with an FHA loan have to be appraised by a HUD-approved home appraiser. Since the Federal Housing Administration’s overhaul of its Single-Family Housing Policy Handbook the FHA is demanding a higher level of performance from appraisers.
The National Association of Relators (NAR) is reporting that some feel that the recent changes to the FHA’s handbook on appraisals require appraisers to take on home inspection-type duties to ensure standards are met and that consumers can mistake the role of the appraisal for that of an inspection.
To help prepare the Illinois Coalition of Appraisal Professionals (ICAP) for its upcoming meeting with the NAR it has prepared the following survey for FHA Appraisers.
Thank you for providing your feedback.