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How stringent are the FHA apprasiers on a short sale?

Posted by Darlene Pieracci on June 14, 2011 at 3:21am in Short Sale Discussions
We will be expecting our FHA appraiser to look at the short sale home we are in contract to purchase.  What can we expect them to be the most strict on?  We need to have the appraisal as high as possible but the house hasnt been occupied for over a year and there are signs that a mouse has been in and there  are droppings in the rooms and the home is dirty.  A small wood rot around the outside window at one of the spare rooms.  It needs paint inside and out but there are no structural signs of damage (major).

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Replies

  • Darlene Pieracci June 14, 2011 at 12:42pm
    @Jeff...we are the potential buyers and using an FHA loan
  • Jeff Payne June 14, 2011 at 10:36am

    Seems like FHA is concerned about structure, electrical, roof, and windows. Wood rot and peeling paint could also be an issue.  Why are you using FHA?

     

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