Originally Posted By: jhodge
This post was automatically imported from our archived forum.
To do FHA appraisals - appraisers have to past a test to become qualified first. FHA requires the appraisers to do a check list called VC sheet ( Valuation Conditions ) which contains simple questions about Site Hazards, Structural conditions, Roofing etc… example would be - check yes or no, Roofing - Does not cover entire house - Evidence of deterioration of roofing materials - Roof live less than 2 years, signs of leakage observable from the ground ( missing tiles ) , Flat roof .
Most appraisers do not like being semi-inspectors. Appraisers fill like they are taking on more liability because most appraisers don’t know what they are doing . Its just a matter of time that FHA will require house inspections for all their loans . Other than this a FHA appraisal is similar to the standard appraisal .