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Cosmetic vs. MPR Repairs: Guidance for FHA Appraisers

McKissock

the intended users for an FHA appraisal report are FHA and the mortgagee. FHA appraisals are not a guarantee that the property is free from defects. The appraisal establishes the value of the property for mortgage insurance purposes only. Need to renew your appraisal license? According to HUD Handbook 4000.1,