FHA Appraisal Facts?

Answer FHA loans are underwritten and insured by the Department of Housing and Urban Development. In order to get an FHA loan a consumer must have an FHA appraisal performed on a property that they intend... Read More »

Top Q&A For: FHA Appraisal Facts

What is the Difference Between an FHA Appraisal & a Commercial Appraisal?

The Federal Housing Administration requires an appraisal on a property before it will insure the property for the loan value. An FHA appraiser evaluates the market value of the property and conside... Read More »

How to Get a Home Appraisal Versus a Tax Appraisal?

Every property has a tax appraised value. The city or county sets this value and uses that number to determine how much the property taxes for that house will be. The city appraiser doesn't go in t... Read More »

What happens on an FHA appraisal?

Any buyer applying for an Federal Housing Administration loan to purchase a property is required to get an FHA-approved property appraisal. The appraisal is designed to protect the bank from approv... Read More »

What Is the Difference Between a VA & FHA Appraisal?

An appraisal is a bank's valuation of how much a property is worth. For FHA and VA loans, appraisals are required to protect the bank from underwriting a loan for more than a property's value.