Cosmetic vs. MPR Repairs: Guidance for FHA Appraisers
OCTOBER 13, 2020
According to HUD Handbook 4000.1, FHA appraisals are not a guarantee that the property is free from defects. ” Here is some guidance on cosmetic repairs vs. MPR repairs. When can an FHA appraisal be completed “as-is” vs. “subject to”?