Transcription of APPENDIX D: VALUATION PROTOCOL - HUD
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1/06 D- 1 APPENDIX D: VALUATION PROTOCOL The appraisal process is the lender s tool for determining if a property meets the minimum requirements and eligibility standards for a FHA-insured mortgage. Underwriters bear primary responsibility for determining eligibility; however, the appraiser is the on-site representative for the lender and provides preliminary verification that the General Acceptability Criteria standards have been met. FHA RESIDENTIAL APPRAISAL REQUIREMENTS This section provides specific instructions for completing appraisal report forms. The appraisal reporting form to be used will depend on the property type that is being appraised.
information contained in chapter 2; otherwise, the guidance provided by chapters 2 and 3 remains in effect. 4150.2 1/06 D- 4 ... vehicles can pass in all types of weather. If the property is not provided with an all-weather surface, ... deficiencies/adverse conditions.
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