FHA Appraisal Checklist & Guidelines

KEY TAKEAWAYS

• Unlike conventional appraisals that focus mainly on market value, FHA appraisals ensure homes meet strict safety and livability standards.
• Only certified HUD-approved appraisers can perform FHA appraisals, and they must check every item on HUD’s minimum property standards list.
• Any problems identified during the FHA appraisal typically need to be repaired and re-inspected before your loan can be approved.
• Both buyers and sellers benefit from understanding FHA appraisal standards and addressing potential issues early in the process.