insurability - Appraisers Blogs https://appraisersblogs.com/tag/insurability/ Appraisal News and Tips for Real Estate Appraisers Thu, 02 Jan 2025 21:28:37 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 insurability - Appraisers Blogs https://appraisersblogs.com/tag/insurability/ 32 32 52046035 Uncovering Flaws in FHA Appraisal & Loan Review Process https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/ https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/#comments Mon, 15 Jul 2024 12:30:32 +0000 https://appraisersblogs.com/?p=31044 The story of this single mother’s harrowing experience with a defective home purchase and HUD’s negligent oversight exposes deep flaws in the FHA appraisal and loan review process. After sacrificing for years to rebuild her credit and earn the right to become a homeowner, this borrower found her dream home in the country – or so she thought. During the home inspection, several issues were flagged. The seller, an investor who had purchased the home in an estate sale, was unaware of the septic system’s location. The seller agreed to have the tanks pumped so the location could be determined....

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]]> https://appraisersblogs.com/uncovering-flaws-in-fha-appraisal-n-loan-review-process/feed/ 44 31044 Non-permitted Additions https://appraisersblogs.com/appraisal/non-permitted-additions/ https://appraisersblogs.com/appraisal/non-permitted-additions/#comments Wed, 05 Sep 2012 12:30:00 +0000 https://appraisersblogs.com/?p=3345 “What is the big #$%^&*@! deal with non-permitted additions?” The last few weeks I have noted a common theme in my conversations with appraisers across the nation. This topic seems relatively simple and yet since I have encountered endless questions I thought this post may add something to overall community. The question boils down to “What is the big #$%^&*@! deal with non-permitted additions?”, for residential lending purposes. Of course this stems from the fact that many residential lenders are pushing back appraisals that have given value consideration to an addition which was non-permitted at the time of construction. This...

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